Alert: New Earnings Report (11/7/24)-Sealed Air Corp (NYSE: SEE).

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Sealed Air Corp (NYSE: SEE) has reported E.P.S. of $0.61 for its third fiscal quarter (ending September 30) versus $0.40 for the same period a year ago — an increase of 52%. For the latest four quarters through September 30, E.P.S. were $2.72 compared to $2.14 a year ago — an increase of 27%.

Recent Price Action

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On 11/7/24, Sealed Air Corp (NYSE: SEE) stock declined by -4.1%, closing at $35.57. Moreover, this decline was accompanied by unusually high trading volume at 165% of normal. The stock has performed in line with the market over the last nine months and has declined -2.8% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, SEE is expected to continue to be a major Value Builder.

Sealed Air has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Sealed Air has a neutral Power Rating of 53 but a good Appreciation Score of 78, leading to the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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