Stock in Focus: Sealed Air Corporation (SEE)

Company Profile:

Sealed Air Corporation provides food safety and security, and product protection solutions worldwide. It is a knowledge-based company focused on packaging solutions that help our customers achieve their sustainability goals in the face of today’s biggest social and environmental challenges. The company serves food and beverage processing, food service, retail, healthcare and industrial, and commercial and consumer applications. It generated $4.5 billion in sales in 2017 and has approximately 15,000 employees who serve customers in 122 countries. Sealed Air Corporation was founded in 1960 and is headquartered in Charlotte, North Carolina.

Recent News:

The company will release its second quarter 2018 results at approximately 7:00 a.m. (ET) on Thursday, August 2, 2018 and will host a conference call and webcast at 10:00 a.m. (ET).

Its Board of Directors has declared a quarterly cash dividend of $0.16 per common share. The dividend is payable on September 21, 2018 to stockholders of record at the close of business on September 7, 2018.

For the first quarter of 2018, it reported net sales of $1.1 billion increased 10% on an as reported basis. Net loss from continuing operations on an as reported basis was $208 million, or $(1.25) per diluted share, as compared to $54 million, or $(0.27) per diluted share, in the first quarter 2017.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

SEE’s strengths can be seen in its better growth and strong profitability compared with its peers. Its earning has been increased over recent several years. Technical indicators signal the bullish signs, as there is a bullish crossover in MACD and Stochastic oscillator, the RSI stands at 60.03 with positive bias. We rate Sealed Air Corporation (SEE) a STRONG BUY.

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