As of January 11, 2024, four analysts have recently shared their evaluations of Sealed Air (NYSE:SEE), offering a range of optimistic and pessimistic perspectives. Let’s take a closer look at their assessments:
Sentiment Total Ratings Last 30 Days 1M Ago 2M Ago 3M Ago
Bullish 0 0 0 0 0
Somewhat Bullish 1 1 0 0 0
Indifferent 3 0 2 0 1
Somewhat Bearish 0 0 0 0 0
Bearish 0 0 0 0 0
These ratings provide an overview of the sentiment surrounding Sealed Air in the past three months. While there haven’t been any bullish or bearish ratings, one analyst expressed a somewhat bullish view, and three analysts remained indifferent.
In terms of 12-month price targets, the analysts’ average target for Sealed Air is $39.5, with a high estimate of $43.00 and a low estimate of $35.00. This average target represents an increase of 5.81% compared to the previous average price target of $37.33.
Recent analyst actions include Gabe Hajde from Wells Fargo, who rated Sealed Air as “Overweight” with a price target of $43.00. Michael Roxland from Truist Securities raised the rating to “Hold” with a price target of $40.00, while John Roberts from Mizuho raised the rating to “Neutral” with a price target of $40.00. Additionally, Gabe Hajde from Wells Fargo lowered the rating to “Equal-Weight” with a price target of $35.00.
In the current month, Sealed Air has received 8 Buy Ratings, 5 Hold Ratings, and 0 Sell Ratings. The average analyst price target in the past 3 months is $41.50. The consensus rating for Sealed Air is a “Moderate Buy,” based on 6 buy ratings, 7 hold ratings, and 0 sell ratings.
Looking at the average twelve-month price prediction, analysts expect Sealed Air to reach $43.18, with a high price target of $52.00 and a low price target of $35.00. Over the previous 90 days, analysts have upgraded Sealed Air’s stock twice and downgraded it twice. Based on their 12-month stock forecasts, analysts predict a potential upside of 16.05% for Sealed Air’s stock.
These insights provide a comprehensive view of the evolving sentiments and analyst actions surrounding Sealed Air as of January 11, 2024.
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SEE Stock Performance on January 11, 2024: Potential Downtrend and Pre-Market Rise
On January 11, 2024, the stock performance of SEE, as reported by CNN Money, indicated that the stock was trading near the bottom of its 52-week range and below its 200-day simple moving average. This suggests a potential downtrend in the stock’s price movement. The price of SEE shares experienced a decrease of $0.32 since the market last closed, representing a drop of 0.88%. The stock closed at $36.01, reflecting a decline in its value. However, there seems to be some positive movement in pre-market trading, as the stock has risen by $0.51. Trading near the bottom of its 52-week range suggests that SEE’s stock price is currently at or near its lowest point in the past year. This may indicate that investors are cautious about the company’s prospects or that there is negative sentiment surrounding the stock. Furthermore, trading below its 200-day simple moving average indicates a potential bearish trend in the stock’s price movement. The 200-day simple moving average is a widely followed technical indicator that provides insight into the stock’s long-term trend. When a stock trades below this average, it suggests that the stock’s price has been consistently declining over a significant period. The decrease of $0.32 in SEE’s stock price since the market last closed may not be substantial in absolute terms, but it represents a drop of 0.88%. This decline indicates that investors may be selling off their positions in the stock, leading to downward pressure on its price. However, the pre-market trading activity shows a positive movement, with the stock rising by $0.51. Pre-market trading refers to the activity that occurs before the regular market session begins. It is important to note that pre-market trading volumes are typically lower than regular market volumes, and the price movements during this time may not accurately reflect the stock’s performance during regular trading hours. Investors should closely monitor the stock’s performance throughout the trading day to determine whether the pre-market gain of $0.51 is sustained or if the stock experiences further price fluctuations. Additionally, it is advisable to consider other fundamental and technical factors before making any investment decisions. In conclusion, the stock performance of SEE on January 11, 2024, indicates that the stock is trading near the bottom of its 52-week range and below its 200-day simple moving average. The price has experienced a decrease since the market last closed, but there has been a positive movement in pre-market trading. Investors should continue to monitor the stock’s performance throughout the trading day to gain a comprehensive understanding of its price momentum.
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Analyzing SEE Corporations Stock Performance on January 11, 2024: A Comprehensive Review
Title: SEE Stock Performance on January 11, 2024: A Closer Look
Introduction:
On January 11, 2024, the stock performance of SEE Corporation attracted attention as investors analyzed the company’s financials and evaluated its potential for growth. This article delves into the key financial indicators, including total revenue, net income, and earnings per share (EPS), to provide a comprehensive understanding of SEE’s performance.
Total Revenue Stability:
SEE Corporation reported a total revenue of $5.64 billion over the past year, which remained unchanged compared to the previous year. Furthermore, the company’s total revenue for the third quarter of the same year stood at $1.38 billion, indicating a flat performance since the previous quarter.
Net Income Fluctuations:
In terms of net income, SEE Corporation generated $491.30 million over the past year, mirroring the figure from the previous year. However, the net income for the third quarter of 2024 decreased by 38.66% to $57.60 million compared to the previous quarter.
Earnings per Share (EPS) Analysis:
SEE Corporation’s earnings per share (EPS) is a crucial metric for investors as it provides insights into the company’s profitability on a per-share basis. Over the past year, SEE reported an EPS of $3.33, reflecting a 3.41% increase compared to the previous year. However, the EPS for the third quarter of 2024 declined by 38.7% to $0.40 when compared to the previous quarter.
Implications for Investors:
The stock performance of SEE Corporation on January 11, 2024, showcases a mixed bag of results. While the company has managed to maintain stable total revenue over the past year and quarter, the decline in net income and EPS during the third quarter raises concerns. Investors should closely monitor SEE’s future financial reports to assess whether these declines are temporary or indicative of a larger issue.
It is crucial to consider various factors that may have contributed to the decline in net income and EPS, such as increased expenses or changes in market conditions. Additionally, investors should evaluate SEE’s strategic plans, product portfolio, and market position to determine the company’s potential for future growth.
Conclusion:
SEE Corporation’s stock performance on January 11, 2024, revealed a stable total revenue, but a decline in net income and EPS during the third quarter. While the company’s consistent revenue is a positive sign, the decrease in profitability raises concerns. Investors should carefully analyze SEE’s financial reports and consider the underlying factors contributing to these fluctuations to make informed decisions about their investments in the company.
