Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Sealed Air Corp (NYSE: SEE) weakened of late. SEE’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Sealed Air Corp (NYSE: SEE) stock declined slightly by -0.3% on 3/1/24. The stock closed at $34.76. Moreover, above average trading volume at 148% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -2.0% during the last week.
Current PriceTarget Research Rating
SEE’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Sealed Air has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Sealed Air has a slightly negative Power Rating of 38 and a slightly negative Appreciation Score of 36, producing the Negative Value Trend Rating.
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