Sealed Air Corp.

Sealed Air is a global provider of packaging solutions for the food, e-Commerce, electronics and industrial markets. The company serves an array of end markets including food and beverage processing, food service, retail, commercial and consumer applications, by providing food safety and security, product protection and equipment. The company's segments include: Food Care, which serves perishable food processors, predominantly in chilled, smoked and processed meat, poultry and dairy-solid markets worldwide, and maintains positions in target applications; and Product Care, in which its solutions are designed to protect goods in shipping.
  • TickerSEE
  • ISINUS81211K1007
  • ExchangeNew York Stock Exchange
  • SectorGeneral Industrials
  • CountryUnited States
SEE Sealed Air Corp... (Industrial Goods & Services)

SEALED AIR sees a downgrade to Neutral on account of less fundamental ...

The independent financial analyst theScreener just lowered the general evaluation of SEALED AIR (US), active in the Containers & Packaging industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date July 20, 2021, the closing price was USD 54.49 and its target price was estimated at USD 49.25.

SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Corp.: Update following upgrade to Ba1 CFR

Our credit view of Sealed Air reflects a track record of innovation, good free cash flow, exposure to stable end markets, and a stated policy to maintain adjusted debt to LTM EBITDA at 4.0x.

SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Corp: 1 director sold

A director at Sealed Air Corp sold 30,000 shares at 43.160USD and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of boar...

SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Corp.: Update following Ba2 CFR affirmation, outlook remain...

Our credit view reflects the company's scale, wide geographic exposure and low customer concentration of sales.

SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Corp.: Covenant Quality Post-Sale Snapshot: $425m 4% Senior...

The covenant package of Sealed Air Corporation is high-yield lite under our criteria.

SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Corp: 1 director sold

A director at Sealed Air Corp sold 30,000 shares at 43.160USD and the significance rating of the trade was 71/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of boar...

 PRESS RELEASE
SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Reports First Quarter Results

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE:SEE) today announced financial results for the first quarter 2018. Commenting on these results, Ted Doheny, President and Chief Executive Officer, said, “In the first three months of the year, Net Sales and Adjusted EBITDA increased 10% and 13%, respectively. Business momentum continued with growth across the global protein and e-Commerce markets as well as our recent acquisition of Fagerdala in Asia. We executed on our strategy by reducing costs, driving operational exce...

 PRESS RELEASE
SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air to Hold Conference Call to Discuss First Quarter 2018 Resul...

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE:SEE) announced today that it will release its first quarter 2018 results at approximately 7:00 a.m. (ET) on Thursday, May 3, 2018 and will host a conference call and webcast later that morning at 10:00 a.m. (ET). Ted Doheny, President and Chief Executive Officer, and Bill Stiehl, Acting Chief Financial Officer, Chief Accounting Officer and Controller will conduct the investor conference call. The conference call will be webcast live on the Investor Relations home...

 PRESS RELEASE
SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Announces Upcoming Events with the Financial Community

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE:SEE) announced today that it will participate in the following events with the financial community during the month of February 2018: JP Morgan Global High Yield & Leveraged Finance ConferenceFebruary 27, 2018Miami, FL11:40 a.m. ESTBill Stiehl, Acting Chief Financial Officer, Chief Accounting Officer and Controller Bank of America Merrill Lynch Global Agriculture & Materials ConferenceFebruary 28, 2018Ft. Lauderdale, FL9:15 a.m. ESTTed Doheny, Pre...

 PRESS RELEASE
SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Announces Price Increases for Its North American Product Ca...

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE:SEE) announced today that it is implementing a price increase on products in its North American Product Care business. The increases will be effective April 1, 2018. The price adjustments are necessary because of increases in raw materials, freight, and other input costs. A seven (7) percent price increase will be applied to the following products: Bubble Wrap® IB Film, Bubble Wrap® Brand Air Cellular Products, Cell-Aire® Packaging Foam a...

Charles Gross
  • Charles Gross
SEE Sealed Air Corp... (Industrial Goods & Services)

Morningstar | We're Maintaining our $47 Sealed Air FVE Following Manag...

Sealed Air recently announced the termination, for cause, of CFO Bill Stiehl. While details remain scarce, it appears to have been tied to an SEC request for documentation surrounding the selection of their independent auditor in 2015. Given that the company did not announce any accounting impropriety, we think it's more likely that Stiehl may have benefited from or had personal relationships that influenced the selection of an independent auditor. With the SEC investigation still ongoing, we can't rule out an adverse finding that could result in restatements for the firm. If further discover...

Charles Gross
  • Charles Gross
SEE Sealed Air Corp... (Industrial Goods & Services)

Morningstar | We're Maintaining our $47 Sealed Air FVE Following Manag...

Sealed Air recently announced the termination, for cause, of CFO Bill Stiehl. While details remain scarce, it appears to have been tied to an SEC request for documentation surrounding the selection of their independent auditor in 2015. Given that the company did not announce any accounting impropriety, we think it's more likely that Stiehl may have benefited from or had personal relationships that influenced the selection of an independent auditor. With the SEC investigation still ongoing, we can't rule out an adverse finding that could result in restatements for the firm. If further discover...

Charles Gross
  • Charles Gross
SEE Sealed Air Corp... (Industrial Goods & Services)

We're Maintaining our $47 Sealed Air FVE Following Management Changes

Sealed Air recently announced the termination, for cause, of CFO Bill Stiehl. While details remain scarce, it appears to have been tied to an SEC request for documentation surrounding the selection of their independent auditor in 2015. Given that the company did not announce any accounting impropriety, we think it's more likely that Stiehl may have benefited from or had personal relationships that influenced the selection of an independent auditor. With the SEC investigation still ongoing, we c...

Charles Gross
  • Charles Gross
SEE Sealed Air Corp... (Industrial Goods & Services)

Morningstar | Sealed Air Reports Soft Volumes in 1Q and APS Acquisitio...

Sealed Air's results in the first quarter were mildly disappointing versus our broader outlook for 2019. Volumes stagnated in the Food Care business, but the company was able to improve price/mix due to both price increases and resin price declines. Product Care results were more disappointing, with volumes off 4% versus the prior year on industrial weakness. The most concerning announcement was the purchase of Automated Packaging Systems, or APS, with almost no financial disclosures. We've updated our forecasts for 2019 and have added a negative enterprise value adjustment based on our expect...

Charles Gross
  • Charles Gross
SEE Sealed Air Corp... (Industrial Goods & Services)

Morningstar | Sealed Air Reports Soft Volumes in 1Q and APS Acquisitio...

Sealed Air's results in the first quarter were mildly disappointing versus our broader outlook for 2019. Volumes stagnated in the Food Care business, but the company was able to improve price/mix due to both price increases and resin price declines. Product Care results were more disappointing, with volumes off 4% versus the prior year on industrial weakness. The most concerning announcement was the purchase of Automated Packaging Systems, or APS, with almost no financial disclosures. We've updated our forecasts for 2019 and have added a negative enterprise value adjustment based on our expect...

SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Corp.: Update following upgrade to Ba1 CFR

Our credit view of Sealed Air reflects a track record of innovation, good free cash flow, exposure to stable end markets, and a stated policy to maintain adjusted debt to LTM EBITDA at 4.0x.

SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Corp.: Update following Ba2 CFR affirmation, outlook remain...

Our credit view reflects the company's scale, wide geographic exposure and low customer concentration of sales.

SEE Sealed Air Corp... (Industrial Goods & Services)

Sealed Air Corp.: Covenant Quality Post-Sale Snapshot: $425m 4% Senior...

The covenant package of Sealed Air Corporation is high-yield lite under our criteria.

SEE Sealed Air Corp... (Industrial Goods & Services)

Moody's assigns Ba3 to Sealed Air's new unsecured notes; CFR and outlo...

Rating Action: Moody's assigns Ba3 to Sealed Air's new unsecured notes; CFR and outlook unchanged. Global Credit Research- 12 Nov 2019. Approximately $4.2 billion of rated debt affected.

SEE Sealed Air Corp... (Industrial Goods & Services)

Moody's assigns Baa3 to Sealed Air's new term loan; CFR and outlook un...

Rating Action: Moody's assigns Baa3 to Sealed Air's new term loan; CFR and outlook unchanged. Global Credit Research- 12 Sep 2019. Approximately $4.2 billion of rated debt affected.

SEE Sealed Air Corp... (Industrial Goods & Services)

SEALED AIR sees a downgrade to Neutral on account of less fundamental ...

The independent financial analyst theScreener just lowered the general evaluation of SEALED AIR (US), active in the Containers & Packaging industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date July 20, 2021, the closing price was USD 54.49 and its target price was estimated at USD 49.25.

SEE Sealed Air Corp... (Industrial Goods & Services)

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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