Market Summary
USD40.14-0.08
Delayedas of 26 May 2023, 02:40 pm-0.20%
SEE Alerts
SEE Stock Price
SEE RSI Chart
SEE Valuation
SEE Price/Sales (Trailing)
SEE Profitability
SEE Fundamentals
SEE Revenue
SEE Earnings
Price Action
52 Week Range
39.9263.86
(Low)(High)
Last 7 days
-4.6%
Last 30 days
-13.2%
Last 90 days
-18.0%
Trailing 12 Months
-34.2%
SEE Financial Health
SEE Investor Care
Peers (Alternatives to Sealed Air)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AMCR | 15.2B | 14.9B | -9.33% | -21.96% | 15.58 | 1.02 | 5.97% | 2.73% |
IP | 13.7B | 20.9B | -11.76% | -33.94% | 10.44 | 0.66 | 4.68% | -25.35% |
PKG | 13.4B | 8.3B | -5.25% | -15.31% | 12.92 | 1.56 | 3.20% | 3.98% |
AVY | 13.3B | 8.8B | -3.66% | 1.18% | 19.56 | 1.52 | 0.56% | -6.68% |
| MID-CAP | ||||||||
GPK | 7.6B | 9.6B | 2.14% | 19.84% | 12.28 | 0.79 | 24.26% | 142.02% |
ATR | 7.4B | 3.3B | -3.84% | 9.53% | 32.04 | 2.22 | 1.27% | 4.07% |
WRK | 7.1B | 21.2B | -5.93% | -38.92% | 8.75 | 0.33 | 10.00% | -7.02% |
BERY | 6.0B | 13.5B | 4.39% | 3.53% | 7.93 | 0.41 | -8.15% | -3.74% |
SON | 5.9B | 7.2B | -1.22% | 6.50% | 11.77 | 0.82 | 19.99% | 1279.92% |
SEE | 5.8B | 5.6B | -13.21% | -34.23% | 14.36 | 1.04 | -1.96% | -25.94% |
GCP | 2.4B | - | 1.27% | 44.25% | 215.39 | 2.37 | - | - |
| SMALL-CAP | ||||||||
UFPT | 1.2B | 380.3M | 10.28% | 103.53% | 24.73 | 3.04 | 66.10% | 181.47% |
MYE | 711.6M | 889.8M | 0.83% | -16.51% | 12.73 | 0.8 | 9.51% | 28.31% |
ITP | 4.7M | - | -1.47% | -66.50% | -0.28 | 0.05 | 0.61% | -710.13% |
Financials for Sealed Air
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | -1.2% | 5,573 | 5,642 | 5,768 | 5,774 | 5,684 |
| Gross Profit | -4.1% | 1,701 | 1,773 | 1,824 | 1,794 | 1,757 |
| S&GA Expenses | 2.1% | 803 | 786 | 802 | 796 | 789 |
| EBITDA | -5.5% | 1,088 | 1,152 | 1,122 | 1,095 | - |
| EBITDA Margin | -3.4% | 0.19* | 0.20* | 0.19* | 0.19* | - |
| Earnings Before Taxes | -15.4% | 617 | 729 | 797 | 768 | 765 |
| EBT Margin | -6.5% | 0.13* | 0.14* | 0.13* | 0.13* | - |
| Interest Expenses | 6.8% | 186 | 175 | 167 | 168 | 171 |
| Net Income | -17.8% | 404 | 492 | 578 | 552 | 546 |
| Net Income Margin | -13.1% | 0.09* | 0.10* | 0.10* | 0.10* | - |
| Free Cahsflow | -8.6% | 376 | 411 | 488 | 442 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 18.4% | 7,356 | 6,215 | 6,075 | 6,105 | 6,117 |
| Current Assets | -2.3% | 2,067 | 2,117 | 2,031 | 2,011 | 1,947 |
| Cash Equivalents | -33.5% | 303 | 456 | 249 | 281 | 278 |
| Inventory | 11.0% | 962 | 866 | 962 | 933 | 844 |
| Net PPE | 9.5% | 1,397 | 1,276 | 1,231 | 1,246 | 1,252 |
| Goodwill | 33.8% | 2,909 | 2,175 | 2,157 | 2,174 | 2,192 |
| Liabilities | 19.4% | 7,010 | 5,871 | 5,857 | 5,906 | 5,927 |
| Current Liabilities | -16.8% | 1,733 | 2,082 | 1,877 | 1,505 | 1,483 |
| . Short Term Borrowings | 2562.1% | 176 | 7.00 | 2.00 | 2.00 | 1.00 |
| Long Term Debt | 43.3% | 4,640 | 3,238 | 3,236 | 3,655 | 3,690 |
| Shareholder's Equity | 0.7% | 347 | 344 | 218 | 200 | 190 |
| Retained Earnings | 1.0% | 3,196 | 3,163 | 3,098 | 2,994 | 2,909 |
| Additional Paid-In Capital | -0.1% | 2,153 | 2,155 | 2,145 | 2,134 | 2,123 |
| Accumulated Depreciation | -2.0% | 2,441 | 2,491 | 2,503 | - | - |
| Shares Outstanding | -0.2% | 144 | 145 | 145 | 145 | 146 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 0.6% | 617 | 613 | 653 | 723 | 678 |
| Share Based Compensation | 0.6% | 51.00 | 51.00 | 50.00 | 48.00 | 50.00 |
| Cashflow From Investing | -468.1% | -1,380 | -243 | -155 | -152 | -154 |
| Cashflow From Financing | 282.3% | 815 | -446 | -615 | -547 | -617 |
| Dividend Payments | 0% | 119 | 119 | 119 | 120 | 121 |
| Buy Backs | -42.9% | 160 | 280 | 354 | 354 | 426 |
Risks for SEE
What is the probability of a big loss on SEE?
63.5%
Probability that Sealed Air stock will be more than 20% underwater in next one year
46.5%
Probability that Sealed Air stock will be more than 30% underwater in next one year.
15%
Probability that Sealed Air stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SEE drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Sealed Air was unfortunately bought at previous high price.
Drawdowns
Returns for SEE
Cumulative Returns on SEE
6.8%
10-Year Cumulative Returns
-0.8%
7-Year Cumulative Returns
-1.3%
5-Year Cumulative Returns
11.6%
3-Year Cumulative Returns
What are the long-term rolling returns for SEE?
FIve years rolling returns for Sealed Air.
Annualized Returns
Which funds bought or sold SEE recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-23 | Front Row Advisors LLC | reduced | -0.37 | -2,000 | 25,000 | 0.01% |
2023-05-23 | Toroso Investments, LLC | added | 385 | 1,048,000 | 1,350,000 | 0.02% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -4.43 | -3,901,600 | 28,248,400 | 0.01% |
2023-05-22 | PUTNAM INVESTMENTS LLC | reduced | -10.24 | -563,741 | 2,679,310 | -% |
2023-05-18 | SkyView Investment Advisors, LLC | new | - | - | - | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -7.36 | -1,499,000 | 8,676,000 | 0.01% |
2023-05-18 | JPMORGAN CHASE & CO | reduced | -75.79 | -41,950,400 | 12,028,600 | -% |
2023-05-17 | Advisory Services Network, LLC | added | 0.97 | -23,711 | 312,209 | 0.01% |
2023-05-17 | Thrivent Financial for Lutherans | added | 0.23 | -25,000 | 297,000 | -% |
2023-05-17 | Chevy Chase Trust Holdings, LLC | reduced | -0.05 | -335,630 | 3,859,380 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
SEE Alerts
Sealed Air News
Schedule 13G FIlings of Sealed Air
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | t. rowe price investment management, inc. | 7.4% | 10,770,131 | SC 13G | |
| Feb 09, 2023 | vanguard group inc | 11.59% | 16,761,290 | SC 13G/A | |
| Jan 27, 2023 | blackrock inc. | 15.1% | 21,808,721 | SC 13G/A | |
| Jan 23, 2023 | blackrock inc. | 15.1% | 21,808,721 | SC 13G/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 11.0% | 16,389,993 | SC 13G/A | |
| Jan 27, 2022 | blackrock inc. | 12.4% | 18,393,878 | SC 13G/A | |
| Jan 26, 2022 | blackrock inc. | 12.4% | 18,393,878 | SC 13G/A | |
| Aug 09, 2021 | blackrock inc. | 10.6% | 15,915,951 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 10.6% | 16,503,647 | SC 13G/A | |
| Feb 16, 2021 | rivulet capital, llc | 4.38% | 6,807,643 | SC 13G/A |
SEE Fair Value
Sealed Air fair value in different scenarios
The table shows the Fair Value estimates for Sealed Air for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 24.34 -39.36% | 30.32 -24.46% | 39.62 -1.30% | 61.09 52.19% | 75.83 88.91% |
| Current Inflation | 22.43 -44.12% | 27.63 -31.17% | 35.54 -11.46% | 53.55 33.41% | 65.94 64.28% |
| Very High Inflation | 20.03 -50.10% | 24.31 -39.44% | 30.62 -23.72% | 44.74 11.46% | 54.49 35.75% |
Historical Sealed Air Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Sealed Air
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 23, 2023 | 4 | Insider Trading | |
| May 23, 2023 | 4 | Insider Trading | |
| May 23, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 3 | Insider Trading | |
| May 22, 2023 | 3 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading | |
| May 22, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for SEE
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-18 | Johnson Veronika | acquired | - | - | 4,742 | cao and controller |
2023-05-18 | Adefioye Elizabeth | acquired | - | - | 3,794 | - |
2023-05-18 | Johnson Clay M | acquired | - | - | 3,794 | - |
2023-05-18 | Lawton III Harry A | acquired | - | - | 3,794 | - |
2023-05-18 | Keizer Henry R. | acquired | - | - | 6,165 | - |
2023-05-18 | Colpron Francoise | acquired | - | - | 3,794 | - |
2023-04-18 | Semach Dustin J. | acquired | - | - | 32,018 | cfo designate |
2023-03-10 | Doheny Edward L II | sold (taxes) | -1,441,530 | 45.27 | -31,843 | president and ceo |
2023-03-10 | Doheny Edward L II | acquired | - | - | 32,330 | president and ceo |
2023-03-01 | Wichmann Gerd | sold (taxes) | -3,522 | 48.92 | -72.00 | president, emea |
Sealed Air Corporation provides food safety and security, and product protection solutions and equipment in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Food and Protective. The Food segment offers integrated packaging materials and automation equipment solutions to provide food safety and shelf life extension, reduce food waste, automate processes, and optimize total cost for food processors in the fresh red meat, smoked and processed meats, poultry, seafood, plant-based, and dairy markets under the CRYOVAC, CRYOVAC Grip & Tear, CRYOVAC Darfresh, Simple Steps, and Optidure brands. This segment sells its solutions directly to customers through its sales, marketing, and customer service personnel. The Protective segment provides foam, inflatable, suspension and retention, temperature assurance packaging solutions to protect goods to e-commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing markets under the SEALED AIR, BUBBLE WRAP, AUTOBAG, SEALED AIR, AUTOBAG, Instapak, Korrvu, Kevothermal, and TempGuard brands. This segment sells its solutions through supply distributors, as well as directly to fabricators, original equipment manufacturers, contract manufacturers, logistics partners, and e-commerce/fulfillment operations. Sealed Air Corporation was incorporated in 1960 and is headquartered in Charlotte, North Carolina.
SEE Income Statement
2023-03-31Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Income Statement [Abstract] | ||
| Net sales | $ 1,348.8 | $ 1,417.6 |
| Cost of sales | 943.7 | 940.6 |
| Gross profit | 405.1 | 477.0 |
| Selling, general and administrative expenses | 221.6 | 205.0 |
| Amortization expense of intangible assets | 15.2 | 9.4 |
| Restructuring charges (Note 12) | (1.2) | 0.5 |
| Operating profit | 169.5 | 262.1 |
| Interest expense, net | (57.8) | (38.9) |
| Other expense, net (Note 21) | (15.0) | (14.2) |
| Earnings before income tax provision | 96.7 | 209.0 |
| Income tax provision (Note 17) | 33.8 | 59.4 |
| Net earnings from continuing operations | 62.9 | 149.6 |
| Loss on sale of discontinued operations, net of tax | (1.0) | (0.4) |
| Net earnings | $ 61.9 | $ 149.2 |
| Basic: | ||
| Continuing operations (in dollars per share) | $ 0.44 | $ 1.01 |
| Discontinued operations (in dollars per share) | (0.01) | 0 |
| Net earnings per common share - basic (in dollars per share) | 0.43 | 1.01 |
| Diluted: | ||
| Continuing operations (in dollars per share) | 0.44 | 1.00 |
| Discontinued operations (in dollars per share) | (0.01) | 0 |
| Net earnings per common share - diluted (n dollars per share) | $ 0.43 | $ 1.00 |
| Weighted average number of common shares outstanding: (Note 22) | ||
| Basic (in shares) | 144.1 | 147.6 |
| Diluted (in shares) | 144.8 | 149.5 |
SEE Balance Sheet
2023-03-31Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 303.1 | $ 456.1 |
| Trade receivables, net of allowance for credit losses of $12.4 in 2023 and $11.5 in 2022 | 481.8 | 592.4 |
| Income tax receivables | 32.2 | 40.3 |
| Other receivables | 94.5 | 104.2 |
| Inventories, net of inventory reserves of $31.4 in 2023 and $28.9 in 2022 (Note 7) | 961.7 | 866.3 |
| Prepaid expenses and other current assets | 193.8 | 57.5 |
| Total current assets | 2,067.1 | 2,116.8 |
| Property and equipment, net (Note 8) | 1,396.5 | 1,275.9 |
| Goodwill (Note 9) | 2,908.9 | 2,174.5 |
| Identifiable intangible assets, net (Note 9) | 472.0 | 138.4 |
| Deferred taxes | 123.7 | 141.5 |
| Operating lease right-of-use-assets (Note 4) | 82.4 | 70.2 |
| Other non-current assets | 305.6 | 297.4 |
| Total assets | 7,356.2 | 6,214.7 |
| Current liabilities: | ||
| Short-term borrowings (Note 13) | 175.7 | 6.6 |
| Current portion of long-term debt (Note 13) | 14.0 | 434.0 |
| Current portion of operating lease liabilities (Note 4) | 27.1 | 24.0 |
| Accounts payable | 826.3 | 865.6 |
| Accrued restructuring costs (Note 12) | 11.8 | 14.7 |
| Income tax payable | 24.6 | 19.9 |
| Other current liabilities | 653.3 | 717.0 |
| Total current liabilities | 1,732.8 | 2,081.8 |
| Long-term debt, less current portion (Note 13) | 4,640.4 | 3,237.9 |
| Long-term operating lease liabilities, less current portion (Note 4) | 58.2 | 49.6 |
| Deferred taxes | 97.0 | 33.4 |
| Other non-current liabilities | 481.3 | 467.9 |
| Total liabilities | 7,009.7 | 5,870.6 |
| Commitments and contingencies (Note 18) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.10 par value per share, 50,000,000 shares authorized; no shares issued in 2023 and 2022 | 0.0 | 0.0 |
| Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 233,971,693 in 2023 and 233,233,456 in 2022; shares outstanding: 144,385,401 in 2023 and 144,672,113 in 2022 | 23.4 | 23.3 |
| Additional paid-in capital | 2,152.8 | 2,155.3 |
| Retained earnings | 3,195.5 | 3,163.4 |
| Common stock in treasury, 89,586,292 shares in 2023 and 88,561,343 shares in 2022 | (4,076.0) | (4,019.1) |
| Accumulated other comprehensive loss, net of taxes (Note 20) | (949.2) | (978.8) |
| Total stockholders’ equity | 346.5 | 344.1 |
| Total liabilities and stockholders’ equity | $ 7,356.2 | $ 6,214.7 |