Media stories about Sealed Air (NYSE:SEE) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sealed Air earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.3542266637727 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s analysis:
- Sealed Air Corp (SEE) Position Cut by Sasco Capital Inc. CT (americanbankingnews.com)
- Arizona State Retirement System Acquires 3,496 Shares of Sealed Air Corp (SEE) (americanbankingnews.com)
- Sealed Air Corp (SEE) Shares Sold by Rhumbline Advisers (americanbankingnews.com)
- Sealed Air (SEE) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- Sealed Air Corp (SEE) Holdings Boosted by Ontario Teachers Pension Plan Board (americanbankingnews.com)
Shares of Sealed Air (NYSE SEE) traded down $0.66 during trading on Tuesday, reaching $42.14. The company had a trading volume of 1,865,937 shares, compared to its average volume of 2,613,409. The stock has a market cap of $7,140.22, a P/E ratio of 10.06, a P/E/G ratio of 1.62 and a beta of 1.12. The company has a debt-to-equity ratio of 21.21, a quick ratio of 0.99 and a current ratio of 1.35. Sealed Air has a 1 year low of $40.76 and a 1 year high of $49.94.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 16th. Investors of record on Friday, March 2nd will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Thursday, March 1st. Sealed Air’s dividend payout ratio is currently 15.27%.
SEE has been the subject of a number of recent analyst reports. Barclays increased their price target on Sealed Air from $45.00 to $46.00 and gave the company an “equal weight” rating in a research report on Thursday, November 9th. Royal Bank of Canada reiterated a “hold” rating and issued a $47.00 price target on shares of Sealed Air in a research report on Thursday, November 9th. SunTrust Banks reiterated a “buy” rating and issued a $48.00 price target on shares of Sealed Air in a research report on Friday, November 10th. Zacks Investment Research upgraded Sealed Air from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Finally, TheStreet upgraded Sealed Air from a “c+” rating to a “b-” rating in a research report on Thursday, November 30th. One research analyst has rated the stock with a sell rating, eight 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 target price of $50.31.
In related news, CFO William G. Stiehl sold 3,000 shares of the stock in a transaction dated Friday, December 15th. The stock was 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 directly owns 34,797 shares of the company’s stock, valued at approximately $1,704,357.06. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.05% of the stock is currently owned by corporate insiders.
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About Sealed Air
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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