Sealed Air Corp [NYSE: SEE] slipped around -0.27 points on Thursday, while shares priced at $29.55 at the close of the session, down -0.91%.
Compared to the average trading volume of 1.42M shares, SEE reached a trading volume of 3132160 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Sealed Air Corp [SEE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SEE shares is $40.45 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SEE stock is a recommendation set at 2.05. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Sealed Air Corp shares, keeping their opinion on the stock as Strong Buy, with their previous recommendation back on October 17, 2024. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Equal-Weight. The new note on the price target was released on September 04, 2024, representing the official price target for Sealed Air Corp stock. Previously, the target price had yet another drop from $47 to $35, while Jefferies kept a Hold rating on SEE stock. On July 19, 2024, analysts decreased their price target for SEE shares from 43 to 40.
The Average True Range (ATR) for Sealed Air Corp is set at 0.97, with the Price to Sales ratio for SEE stock in the period of the last 12 months amounting to 0.80. The Price to Book ratio for the last quarter was 6.90, with the Price to Cash per share for the same quarter was set at 2.55. Price to Free Cash Flow for SEE in the course of the last twelve months was 8.48 with Quick ratio for the last quarter at 0.72.
How has SEE stock performed recently?
Sealed Air Corp [SEE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.03. With this latest performance, SEE shares dropped by -10.86% in over the last four-week period, additionally sinking by -14.57% over the last 6 months – not to mention a drop of -17.20% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SEE stock in for the last two-week period is set at 33.34, with the RSI for the last a single of trading hit 30.98, and the three-weeks RSI is set at 35.30 for Sealed Air Corp [SEE]. The present Moving Average for the last 50 days of trading for this stock 33.19, while it was recorded at 29.86 for the last single week of trading, and 34.94 for the last 200 days.
Sealed Air Corp [SEE]: Deeper insight into the fundamentals
Sealed Air Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.72 and a Current Ratio set at 1.16.
Earnings analysis for Sealed Air Corp [SEE]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SEE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sealed Air Corp go to 4.83%.
Insider trade positions for Sealed Air Corp [SEE]
There are presently around $99.45%, or 100.70%% of SEE stock, in the hands of institutional investors. The top three institutional holders of SEE stocks are: BLACKROCK INC. with ownership of 27.8 million shares, which is approximately 19.1823%. VANGUARD GROUP INC, holding 17.18 million shares of the stock with an approximate value of $$597.85 million in SEE stocks shares; and VANGUARD GROUP INC, currently with $$458.3 million in SEE stock with ownership which is approximately 9.0413%.
