SEE - Sealed Air Corporation

NYSE - NYSE Delayed Price. Currency in USD
41.70
-1.97 (-4.51%)
At close: 4:08PM EDT

41.49 -0.21 (-0.50%)
Pre-Market: 7:19AM EDT

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Previous Close 43.67
Open 41.64
Bid 0.00 x 1000
Ask 0.00 x 900
Day's Range 40.71 - 42.42
52 Week Range 30.22 - 47.13
Volume 3,758,332
Avg. Volume 1,287,582
Market Cap 6.493B
Beta (3Y Monthly) 1.14
PE Ratio (TTM) 14.63
EPS (TTM) 2.85
Earnings Date Jul 31, 2019
Forward Dividend & Yield 0.64 (1.53%)
Ex-Dividend Date 2019-06-06
1y Target Est 47.67
Trade prices are not sourced from all markets
  • Law firms circling as Sealed Air stock drops on CFO firing
    American City Business Journals 2 hours ago

    Law firms circling as Sealed Air stock drops on CFO firing

    At least a half-dozen law firms say they are investigating whether the company misled investors or failed to disclose pertinent information.

  • ACCESSWIRE 13 hours ago

    SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Sealed Air Corporation and Encourages Investors with Losses to Contact the Firm

    The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Sealed Air announced after the market closed on June 20, 2019, that the Company had fired CFO Bill Stiehl. The firing comes following the audit committee's completion of an internal review after the Company received an SEC subpoena.

  • GlobeNewswire 2 days ago

    Bragar Eagel & Squire, P.C. is Investigating Seabed Air Corporation (NYSE: SEE) on Behalf of Stockholders and Encourages Investors to Contact the Firm

    NEW YORK, June 21, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against Sealed Air Corporation on behalf of Sealed Air Investors. Our investigation.

  • Business Wire 2 days ago

    INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Sealed Air Corporation Investors (SEE)

    Law Offices of Howard G. Smith announces an investigation on behalf of Sealed Air Corporation investors concerning the Company and its officers’ possible violations of federal securities laws.

  • PR Newswire 2 days ago

    SEE INVESTOR ALERT: Hagens Berman Alerts Sealed Air Corporation (SEE) Investors to Investigation of Possible Disclosure Violations and CFO Termination

    SAN FRANCISCO , June 21, 2019 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP, with nine offices in eight cities around the country and eighty attorneys, alerts investors in Sealed Air Corporation (NYSE: ...

  • Business Wire 3 days ago

    Glancy Prongay & Murray LLP Announces Investigation on Behalf of Sealed Air Corporation Investors (SEE)

    Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Sealed Air Corporation (“Sealed Air” or the “Company”) (NYSE: SEE) investors concerning the Company and its officers’ possible violations of federal securities laws. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. On June 20, 2019, after the market closed, the Company announced that it had terminated for cause its Chief Financial Officer, following an internal review by the Audit Committee.

  • Business Wire 3 days ago

    Lost Money in Sealed Air Corporation?

    Gibbs Law Group Investigates Potential Securities Law Violations

  • GlobeNewswire 3 days ago

    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sealed Air Corporation - SEE

    Pomerantz LLP is investigating claims on behalf of investors of Sealed Air Corporation (“Sealed Air” or the “Company”) (NYSE: SEE). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. On June 20, 2019, Sealed Air announced the termination of William G. Stiehl as the Company’s Chief Financial Officer for cause, effective immediately.

  • PR Newswire 3 days ago

    Sealed Air (SEE) Alert: Johnson Fistel Launches Investigation into Sealed Air Corporation Following the Firing of CFO

    SAN DIEGO , June 21, 2019 /PRNewswire/ -- Johnson Fistel , LLP is investigating potential claims against Sealed Air Corporation ("Sealed Air") (NYSE: SEE) for violations of federal securities ...

  • PR Newswire 3 days ago

    Wolf Popper LLP Announces Investigation on Behalf of Investors in Sealed Air Corporation

    NEW YORK , June 21, 2019 /PRNewswire/ -- Wolf Popper LLP is investigating potential securities fraud claims on behalf of purchasers of Sealed Air Corporation (NYSE: SEE) common stock from November 14, ...

  • ACCESSWIRE 3 days ago

    ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sealed Air Corporation and Encourages Investors with Losses to Contact the Firm

    The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Sealed Air announced after the market closed on June 20, 2019, that the Company had fired CFO Bill Stiehl. The firing comes following the audit committee's completion of an internal review after the Company received an SEC subpoena.

  • Business Wire 3 days ago

    SHAREHOLDER ALERT: Investigation of Sealed Air Announced by Holzer & Holzer, LLC

    Holzer & Holzer, LLC is investigating whether certain statements made by Sealed Air Corporation (“Sealed Air” or the “Company”) (SEE) complied with federal securities laws. On June 20, 2019, Sealed Air issued a press release announcing that the Company’s chief financial officer had been fired following an internal review by the Audit Committee in connection with an ongoing investigation by the SEC into the Company’s audit process. The price of Sealed Air’s stock fell following the announcement.

  • ACCESSWIRE 3 days ago

    Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Sealed Air Corporation (SEE)

    NEW YORK, NY / ACCESSWIRE / June 21, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Sealed Air Corporation ("Sealed Air" or the "Company") ...

  • Business Wire 3 days ago

    INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sealed Air Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sealed Air Corporation (“Sealed Air” or “the Company”) (NYSE: SEE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Sealed Air announced after the market closed on June 20, 2019, that the Company had fired CFO Bill Stiehl.

  • MarketWatch 3 days ago

    Sealed Air shares slide 6% as BofA Merrill downgrades stock to neutral after CFO firing

    Shares of food packaging company Sealed Air Corp. slid 6% Friday, after Bank of America Merrill Lynch downgraded the stock to neutral from buy following the termination of Chief Financial Officer William Stiehl. The company announced Stiehl's departure late Thursday, following an internal review by the Board Audit Committee in connection with an investigation by the Securities and Exchange Commission. The company had received an additional subpoena for documents and information on May 2, relating to the process used in selecting its auditor for the period beginning fiscal 2015 and relating to the audit firm's independence. BofA analysts led by George Staphos said they had upgraded Sealed Air in December after it announced a transformation program and that they fully respect Chief Executive Ted Doheny and incoming CFO James Sullivan. However, "multiples might remain compressed until the SEC investigation concludes," they wrote in a note to clients. "Second, investors might discount some elements of SEE's guidance until greater visibility is achieved because 1Q was challenging, the macro is somewhat murky, and because there will be a new CFO in place." The probe has also likely distracted employees and that could hurt operating performance. Sealed Air shares have gained 18% in 2019, matching the S&P 500's gains.

  • Bubble Wrap Maker Fires CFO After Review Prompted by SEC Probe
    Bloomberg 4 days ago

    Bubble Wrap Maker Fires CFO After Review Prompted by SEC Probe

    (Bloomberg) -- Sealed Air Corp. said it terminated Chief Financial Officer William Stiehl for cause after an internal review. Shares tumbled.The packaging company said it began the inquiry after receiving a subpoena May 2 for information related to its selection of an independent audit firm. The review is related to a previously disclosed Securities and Exchange Commission investigation.Key InsightsThe termination signals potentially deeper regulatory trouble for Sealed Air, which said in August that the SEC was seeking information about income-tax accounting and financial reporting.Last month’s subpoena also demanded information about the independence of the audit firm that Sealed Air chose beginning with fiscal year 2015.Sealed Air, which makes Bubble Wrap and other packaging, reaffirmed its 2019 earnings outlook and appointed James Sullivan as CFO as of June 24. The company said it’s cooperating with the SEC probe.Market ReactionThe shares plunged 7.3% to $40.50 after the close of regular trading in New York. Sealed Air had risen 25% this year through Thursday, outpacing the 15% gain of a Standard & Poor’s index of materials companies.Get MoreCompany statementAugust disclosure of SEC probeTo contact the reporter on this story: Brendan Case in Dallas at bcase4@bloomberg.netTo contact the editors responsible for this story: Brendan Case at bcase4@bloomberg.net, Justin BachmanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Markit 6 days ago

    See what the IHS Markit Score report has to say about Sealed Air Corp.

    Sealed Air Corp NYSE:SEEView full report here! Summary * Perception of the company's creditworthiness is positive and improving * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for SEE with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 10. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SEE are favorable, with net inflows of $9.95 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a strengthening bias over the past 1-month. SEE credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Moody's 10 days ago

    Diamond (BC) B.V. -- Moody's changes Diversey's outlook to negative

    Moody's Investors Service ("Moody's") affirmed the Corporate Family Rating (CFR) of Diamond (BC) B.V. (Diversey) at B3, but changed the outlook to negative from stable. Other ratings affirmed include the B1 rating on the revolving credit facility and first lien term loan, the Caa2 on the senior unsecured notes due 2025 and the Probability of Default rating at B3-PD. "Since the separation from Sealed Air less than 2 years ago the company has faced fx and inflation headwinds and underachieved on its plans to improve margins, grow EBITDA, and generate positive free cash flow," according to Joseph Princiotta, Senior Vice President at Moody's. "Metrics are below expectations and the outlook in 2019 is for flattish EBITDA and negative free cash flow, weakening metrics further," Princiotta added.

  • Is Sealed Air Corporation (SEE) A Good Stock To Buy?
    Insider Monkey 14 days ago

    Is Sealed Air Corporation (SEE) A Good Stock To Buy?

    We at Insider Monkey have gone over 738 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article, we look at what those funds think of Sealed Air Corporation (NYSE:SEE) based on that […]

  • Diversey lands in Fort Mill after departing Sealed Air campus in Charlotte
    American City Business Journals 19 days ago

    Diversey lands in Fort Mill after departing Sealed Air campus in Charlotte

    Diversey, the spinoff from Sealed Air Corp., has moved out of the Charlotte home of its former parent and into the Inter Net Services Corp. building in Fort Mill.

  • Sealed Air (SEE) Down 7.3% Since Last Earnings Report: Can It Rebound?
    Zacks 24 days ago

    Sealed Air (SEE) Down 7.3% Since Last Earnings Report: Can It Rebound?

    Sealed Air (SEE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Sealed Air Stock Rallies 20% YTD: What's Working in Favor?
    Zacks 26 days ago

    Sealed Air Stock Rallies 20% YTD: What's Working in Favor?

    Expected benefits from reducing costs, driving operational excellence, commercializing new innovations and favorable global business trends will drive Sealed Air (SEE).

  • Why Hold Strategy is Apt for Sealed Air (SEE) Stock Right Now
    Zacks 28 days ago

    Why Hold Strategy is Apt for Sealed Air (SEE) Stock Right Now

    With positive growth projections and long-term opportunities, Sealed Air (SEE) stock is worth retaining in the portfolio at the moment.

  • Moody's last month

    Sealed Air Limited -- Moody's affirms Sealed Air's Ba2 CFR following the announcement of debt funded acquisition of Automated Packaging Systems; outlook stable

    Moody's Investors Service ("Moody's") affirmed the Ba2 Corporate Family Rating and Ba2-PD Probability of Default Rating of Sealed Air Corp. Moody's also affirmed all other existing instrument ratings of Sealed Air Corp. and Sealed Air Limited. The affirmation follows the company's announcement that it had entered into a definitive agreement to acquire Automated Packaging Systems in an all debt financed transaction which includes a purchase price of $510 million on a cash and debt-free basis.