In the past three months, a group of four analysts has shared their evaluations of Sealed Air (NYSE:SEE), offering a range of perspectives on the company. The following table summarizes their recent assessments and compares them to previous months:
Sentiment Total Ratings Last 30 Days 1 Month Ago 2 Months Ago 3 Months 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 evaluations provide valuable insights into the sentiment surrounding Sealed Air. While there is a mix of opinions, it is worth noting that there have been no bullish ratings in the past three months. However, one analyst expressed a somewhat bullish sentiment in the last 30 days.
Looking at the 12-month price targets assessed by analysts, the average target is $39.5, with a high estimate of $43.00 and a low estimate of $35.00. This current average surpasses the previous average price target of $37.33, indicating an increase of 5.81%.
Recent analyst actions further demonstrate the evolving sentiment towards Sealed Air. Gabe Hajde from Wells Fargo announced an “Overweight” rating with a price target of $43.00, while Michael Roxland from Truist Securities raised the rating to “Hold” with a price target of $40.00. John Roberts from Mizuho also raised the rating to “Neutral” with a price target of $40.00. However, Gabe Hajde from Wells Fargo later lowered the rating to “Equal-Weight” with a price target of $35.00.
Taking into account the consensus rating from analysts, Sealed Air is considered a “Moderate Buy” based on 6 buy ratings, 7 hold ratings, and 0 sell ratings. The average 12-month price target is $40.82, suggesting a 12.76% upside potential.
It is important to note that analysts frequently update their recommendations in response to changing market conditions and company performance. Whether they maintain, raise, or lower their stance, it reflects their reaction to recent developments related to Sealed Air. This information provides a snapshot of how analysts perceive the current state of the company.
Overall, these insights offer a comprehensive view of the evolving sentiments and analyst actions surrounding Sealed Air. They highlight the dynamic nature of stock analysis and market conditions, emphasizing the importance of staying informed and adaptable in the ever-changing world of investments.
[bs_slider_forecast ticker=”SEE”]
SEE Stock Performance Analysis: Interesting Trends and Factors to Consider on January 12, 2024
On January 12, 2024, the stock performance of SEE showed some interesting trends. The company was trading near the bottom of its 52-week range and was below its 200-day simple moving average. SEE shares experienced a price increase of $0.77 since the market last closed, representing a rise of 2.14%. The stock closed at $36.78. However, it is important to note that the stock had dropped $0.25 in pre-market trading. Trading near the bottom of its 52-week range suggests that SEE’s stock price is currently at a relatively low level compared to its performance over the past year. Furthermore, being below its 200-day simple moving average indicates that SEE’s stock price has been on a downward trend over the past 200 days. The price increase of $0.77, or 2.14%, since the last market close is a positive sign. However, it is worth noting that the stock dropped $0.25 in pre-market trading. Investors should consider these factors when analyzing the stock performance of SEE on January 12, 2024. It is important for investors to conduct thorough research, analyze various factors, and consider their investment goals and risk tolerance before making any investment decisions. Stock performance can be influenced by numerous variables, and it is crucial to have a comprehensive understanding of the market and the specific company before investing.
[stock_market_widget type=”chart” template=”basic” color=”#3946CE” assets=”SEE” range=”1mo” interval=”1d” axes=”true” cursor=”true” range_selector=”true” api=”yf”]
SEE Stock Performance on January 12, 2024: Analyzing Total Revenue, Net Income, and EPS
Title: SEE Stock Performance on January 12, 2024: A Closer Look
Introduction:
On January 12, 2024, the performance of SEE stock attracted significant attention from investors and analysts alike. We will delve into the financial statistics of SEE Corporation, analyzing their total revenue, net income, and earnings per share for the past year and the most recent quarter.
Total Revenue:
SEE Corporation reported a total revenue of $5.64 billion over the past year, which remained unchanged since the previous year. Additionally, the company’s total revenue remained flat at $1.38 billion in the most recent quarter.
Net Income:
Over the past year, SEE Corporation recorded a net income of $491.30 million, which remained consistent compared to the previous year. However, in the most recent quarter, the net income decreased by 38.66% to $57.60 million.
Earnings per Share (EPS):
SEE Corporation’s earnings per share (EPS) stood at $3.33 over the past year, representing a modest increase of 3.41% compared to the previous year. However, in the most recent quarter, the EPS dropped by 38.7% to $0.40.
Analysis:
The performance of SEE stock on January 12, 2024, appears to be influenced by a mixed bag of financial results. While the company managed to maintain its total revenue since last year and last quarter, the decline in net income and EPS during the most recent quarter raises questions about the underlying factors contributing to this downturn.
It is crucial to investigate the reasons behind the decline in net income and EPS, as these figures are indicators of a company’s profitability. Factors such as increased costs, decreased sales, or changes in market dynamics could be potential explanations for SEE Corporation’s recent financial performance.
Conclusion:
The stock performance of SEE Corporation on January 12, 2024, showcases a mixed bag of financial results. While the company’s total revenue remained stable since last year and last quarter, the decrease in net income and EPS during the most recent quarter raises concerns about its profitability. Investors and analysts should closely monitor the underlying factors contributing to this downturn and assess the company’s ability to bounce back in the future.
