Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Sealed Air (SEE) Stock Price
Media stories about Sealed Air (NYSE:SEE) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sealed Air earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.4320674435896 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
SEE has been the topic of a number of recent research reports. Barclays reaffirmed an “equal weight” rating and set a $45.00 price objective on shares of Sealed Air in a research report on Tuesday, September 19th. Bank of America raised Sealed Air from a “neutral” rating to a “buy” rating and set a $48.00 price objective on the stock in a research report on Thursday, September 21st. Zacks Investment Research downgraded Sealed Air from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. SunTrust Banks reaffirmed a “buy” rating and set a $48.00 price objective on shares of Sealed Air in a research report on Friday, November 10th. Finally, Vertical Research downgraded Sealed Air from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $49.42.
Shares of Sealed Air (NYSE:SEE) traded up $0.07 during mid-day trading on Wednesday, reaching $48.50. The company had a trading volume of 1,829,321 shares, compared to its average volume of 2,390,000. Sealed Air has a 12 month low of $41.22 and a 12 month high of $50.62. The company has a market capitalization of $8,750.00, a P/E ratio of 46.63, a P/E/G ratio of 5.11 and a beta of 1.24. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.34 and a current ratio of 1.70.
In other Sealed Air news, SVP Emile Z. Chammas sold 6,000 shares of the stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $45.24, for a total value of $271,440.00. Following the completion of the sale, the senior vice president now directly owns 142,077 shares in the company, valued at $6,427,563.48. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO William G. Stiehl sold 3,000 shares of the stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $48.98, for a total value of $146,940.00. Following the completion of the sale, the chief financial officer now owns 34,797 shares of the company’s stock, valued at $1,704,357.06. The disclosure for this sale can be found here. Company insiders own 1.05% of the company’s stock.
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Sealed Air Company Profile
Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Company’s segments are Food Care (includes Corporate, Medical Applications and New Ventures businesses), Product Care and Corporate. The Food Care segment focuses on providing a range of integrated system solutions.
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