Sealed Air Corp (NYSE: SEE) has reported E.P.S. of $0.58 for its first fiscal quarter (ending March 31) versus $0.44 for the same period a year ago — an increase of 32%. However, this performance was $-0.12 short of the consensus estimate of $0.70. E.P.S. were $2.49 for the latest four quarters through March 31 versus $2.78 for the same period a year ago — a decline of -10%.
Recent Price Action
On 5/2/24, Sealed Air Corp (NYSE: SEE) stock enjoyed a very large increase of 8.8%, closing at $34.93. Moreover, trading volume in this advance was exceptionally high at 246% of normal. The stock has performed in line with the market over the last nine months and has risen 10.1% 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 C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Sealed Air has a good Appreciation Score of 83 but a neutral Power Rating of 40, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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