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Sealed Air Corp Stock Research

SEE

40.14USD-0.08(-0.20%)Delayedas of 26 May 2023, 02:40 pm

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

Market Cap

5.8B

Price/Earnings (Trailing)

14.36

Price/Sales (Trailing)

1.04

EV/EBITDA

10.16

Price/Free Cashflow

15.22

SEE Price/Sales (Trailing)

SEE Profitability

Operating Margin

31.42%

EBT Margin

12.93%

Return on Equity

142.87%

Return on Assets

7.91%

Free Cashflow Yield

6.57%

SEE Fundamentals

SEE Revenue

Revenue (TTM)

5.6B

Revenue Y/Y

-4.85%

Revenue Q/Q

-4.06%

SEE Earnings

Earnings (TTM)

404.3M

Earnings Y/Y

-58.51%

Earnings Q/Q

-34.36%

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

Current Ratio

1.02

Debt/Equity

9.41

Debt/Cashflow

0.19

SEE Investor Care

Dividend Yield

1.99%

Dividend/Share (TTM)

0.8

Buy Backs (1Y)

1.16%

Diluted EPS (TTM)

2.76

Peers (Alternatives to Sealed Air)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
15.2B
14.9B
-9.33% -21.96%
15.58
1.02
5.97% 2.73%
13.7B
20.9B
-11.76% -33.94%
10.44
0.66
4.68% -25.35%
13.4B
8.3B
-5.25% -15.31%
12.92
1.56
3.20% 3.98%
13.3B
8.8B
-3.66% 1.18%
19.56
1.52
0.56% -6.68%
MID-CAP
7.6B
9.6B
2.14% 19.84%
12.28
0.79
24.26% 142.02%
7.4B
3.3B
-3.84% 9.53%
32.04
2.22
1.27% 4.07%
7.1B
21.2B
-5.93% -38.92%
8.75
0.33
10.00% -7.02%
6.0B
13.5B
4.39% 3.53%
7.93
0.41
-8.15% -3.74%
5.9B
7.2B
-1.22% 6.50%
11.77
0.82
19.99% 1279.92%
5.8B
5.6B
-13.21% -34.23%
14.36
1.04
-1.96% -25.94%
2.4B
-
1.27% 44.25%
215.39
2.37
- -
SMALL-CAP
1.2B
380.3M
10.28% 103.53%
24.73
3.04
66.10% 181.47%
711.6M
889.8M
0.83% -16.51%
12.73
0.8
9.51% 28.31%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue-1.2%5,5735,6425,7685,7745,684
Gross Profit-4.1%1,7011,7731,8241,7941,757
  S&GA Expenses2.1%803786802796789
EBITDA-5.5%1,0881,1521,1221,095-
EBITDA Margin-3.4%0.19*0.20*0.19*0.19*-
Earnings Before Taxes-15.4%617729797768765
EBT Margin-6.5%0.13*0.14*0.13*0.13*-
Interest Expenses6.8%186175167168171
Net Income-17.8%404492578552546
Net Income Margin-13.1%0.09*0.10*0.10*0.10*-
Free Cahsflow-8.6%376411488442-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets18.4%7,3566,2156,0756,1056,117
  Current Assets-2.3%2,0672,1172,0312,0111,947
    Cash Equivalents-33.5%303456249281278
  Inventory11.0%962866962933844
  Net PPE9.5%1,3971,2761,2311,2461,252
  Goodwill33.8%2,9092,1752,1572,1742,192
Liabilities19.4%7,0105,8715,8575,9065,927
  Current Liabilities-16.8%1,7332,0821,8771,5051,483
.    Short Term Borrowings2562.1%1767.002.002.001.00
  Long Term Debt43.3%4,6403,2383,2363,6553,690
Shareholder's Equity0.7%347344218200190
  Retained Earnings1.0%3,1963,1633,0982,9942,909
  Additional Paid-In Capital-0.1%2,1532,1552,1452,1342,123
Accumulated Depreciation-2.0%2,4412,4912,503--
Shares Outstanding-0.2%144145145145146
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations0.6%617613653723678
  Share Based Compensation0.6%51.0051.0050.0048.0050.00
Cashflow From Investing-468.1%-1,380-243-155-152-154
Cashflow From Financing282.3%815-446-615-547-617
  Dividend Payments0%119119119120121
  Buy Backs-42.9%160280354354426

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 ascendingFund NameType% 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%

1–10 of 45

Latest Funds Activity

Are funds buying SEE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SEE
No. of Funds

Sealed Air News

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5 hours ago
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7 hours ago
Nasdaq
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2 days ago
InvestorsObserver
Packaging Europe
Digital Journal
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Microperforated Films Industry See Incredible Growth 2023-2030 ....
Scene for Dummies: Everything Hollywood Undead,
3 days ago
Marketscreener.com
Gamida Cell Appoints Terry Coelho as CFO.
Marketscreener.com,
4 days ago

Schedule 13G FIlings of Sealed Air

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Edward L. Doheny
16500
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

2023-03-31
Condensed 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 sales943.7940.6
Gross profit405.1477.0
Selling, general and administrative expenses221.6205.0
Amortization expense of intangible assets15.29.4
Restructuring charges (Note 12)(1.2)0.5
Operating profit169.5262.1
Interest expense, net(57.8)(38.9)
Other expense, net (Note 21)(15.0)(14.2)
Earnings before income tax provision96.7209.0
Income tax provision (Note 17)33.859.4
Net earnings from continuing operations62.9149.6
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)0.431.01
Diluted:  
Continuing operations (in dollars per share)0.441.00
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)144.1147.6
Diluted (in shares)144.8149.5

SEE Balance Sheet

2023-03-31
Condensed 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 2022481.8592.4
Income tax receivables32.240.3
Other receivables94.5104.2
Inventories, net of inventory reserves of $31.4 in 2023 and $28.9 in 2022 (Note 7)961.7866.3
Prepaid expenses and other current assets193.857.5
Total current assets2,067.12,116.8
Property and equipment, net (Note 8)1,396.51,275.9
Goodwill (Note 9)2,908.92,174.5
Identifiable intangible assets, net (Note 9)472.0138.4
Deferred taxes123.7141.5
Operating lease right-of-use-assets (Note 4)82.470.2
Other non-current assets305.6297.4
Total assets7,356.26,214.7
Current liabilities:  
Short-term borrowings (Note 13)175.76.6
Current portion of long-term debt (Note 13)14.0434.0
Current portion of operating lease liabilities (Note 4)27.124.0
Accounts payable826.3865.6
Accrued restructuring costs (Note 12)11.814.7
Income tax payable24.619.9
Other current liabilities653.3717.0
Total current liabilities1,732.82,081.8
Long-term debt, less current portion (Note 13)4,640.43,237.9
Long-term operating lease liabilities, less current portion (Note 4)58.249.6
Deferred taxes97.033.4
Other non-current liabilities481.3467.9
Total liabilities7,009.75,870.6
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 20220.00.0
Common stock, $0.10 par value per share, 400,000,000 shares authorized; shares issued: 233,971,693 in 2023 and 233,233,456 in 2022; shares outstanding: 144,385,401 in 2023 and 144,672,113 in 202223.423.3
Additional paid-in capital2,152.82,155.3
Retained earnings3,195.53,163.4
Common stock in treasury, 89,586,292 shares in 2023 and 88,561,343 shares in 2022(4,076.0)(4,019.1)
Accumulated other comprehensive loss, net of taxes (Note 20)(949.2)(978.8)
Total stockholders’ equity346.5344.1
Total liabilities and stockholders’ equity$ 7,356.2$ 6,214.7