Alert: Negative Investment/Fundamental Signals (3/20/24)-Sealed Air Corp (NYSE: SEE)

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Extremely significant negative changes in Sealed Air Corp (NYSE: SEE) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.

Recent meaningful negative changes in fundamentals have affected Sealed Air Corp (NYSE: SEE): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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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 C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Sealed Air has a good Appreciation Score of 79 but a slightly negative Power Rating of 35, with the Neutral Value Trend Rating the result.

Recent Price Action

Sealed Air Corp (NYSE: SEE) stock closed at $35.58 on 3/20/24 after a slight decline of -0.5%. However, unusually low trading volume at 60% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -3.0% during the last week.

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