Analyst Estimates

Analyst Perspectives on Price Reaction History: Sealed Air Corp (NYSE:SEE)

Sealed Air Corp (NYSE:SEE) soared 2.50% during previous trade, a total of 4.36M shares exchanged hands compared with its average trading volume of 1.70B shares whereas its relative volume is 2.52. The stock has a market capitalization of $8.42B along with 196.70M outstanding shares. Stock’s intraday price range hit the peak level of $43.54 and touched the lowest level of $42.01.

Most recently Sealed Air Corp (NYSE:SEE)’s price target was revised on 10/19/16 and according to 15 analysts stock’s price will reach at $54 during 52 weeks with standard deviation of 4.26. Stock’s minimum price target estimates has been figured out at $46 while the maximum price target forecast is established at $63, if we look at the price target with an optimistic approach it has upside potential of 42% from its latest closing price of $43.51.

Historically, if we look at price target revisions, three weeks ago Sealed Air Corp (NYSE:SEE)’s price target was revised on 10/3/16 by the analysts, however the bullish price estimates of the stock set at $62 while the bearish estimates kept at $50 over the next one year. Stock’s 52-week target was retained at $54.17, the estimates indicates a standard deviation of 4.26.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.33. ABR value is precisely based on brokerage recommendations, where out of 9 brokerage recommendations 4 rate Sealed Air Corp (NYSE:SEE) stock a Strong Buy, 0 rate the stocks of the company a Buy, 4 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 7/15/16 the stock of Sealed Air Corp (NYSE:SEE) upgraded by Citigroup from Neutral to Buy. However previously on 2/19/16 it was upgraded by BofA/Merrill from Neutral to Buy. A research note issued on 1/8/16 the stock was upgraded by Barclaysfrom Equal Weight to Overweight.

Sealed Air Corp (NYSE:SEE) performance over the past one year plunged -9.99% whereas its year to date (YTD) performance indicated a bearish trend of -1.50%. During the last six months the stock slipped -9.39%. Quarterly performance of the company shows declining momentum of -7.74% while its last one month trend is negative with -5.96%. Stock’s weekly performance expressed down trend of -1.63%.

The company’s price sits -5.03% below from its 50-day moving average of $45.23and -5.35% below from the stock’s 200-day moving average which is $46.95. Sealed Air Corp (NYSE:SEE)’s shares are currently trading -86.26% away from the 52-week high price of $40.40 and +56.34% far from the 52-week low price of $3.55.

According to consensus agreement of 16 analysts Sealed Air Corp (NYSE:SEE) will report earnings per share of $0.69 in their quarterly report and it is expected to announce the company’s results on 10/27/16 Before Market Open. For the current quarter the company has high EPS estimates of $0.75 in contradiction of low EPS estimates of $0.63. However a year ago for the same quarter the company has reported $0.7 EPS. Current year EPS projections for Sealed Air Corp (NYSE:SEE) set at $2.59 according to the sentiments of 18 analysts, while its lowest earnings estimates are $2.55 and highest earnings estimates are $2.68.

According to 14 analysts, Sealed Air Corp (NYSE:SEE)’s revenue estimates for the current quarter are $1.74B meanwhile the company has high revenue estimates of $1.8B in contradiction of low revenue estimates of $1.71B. For the current year the company’s revenue estimates are $6.87B compared to low analyst estimates of $6.79B and high estimates of $6.99B according to the projection of 17 analysts.

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