- Sealed Air’s adjusted earnings per share (EPS) for the fourth quarter was $0.75, exceeding estimates of $0.68, though it decreased from $0.88 year-over-year.
- Net sales slightly decreased by 0.3% year-over-year to $1.37 billion, matching the estimate of $1.36 billion.
- The food segment saw a positive growth in net sales, increasing by 3.3% year-over-year to reach $922.5 million, surpassing the estimate of $908.5 million.
- The protective segment experienced a decline in net sales, decreasing by 7.1% year-over-year to $450.3 million, slightly missing the estimate of $453.7 million.
- Adjusted EBITDA was $270.8 million, a slight decline of 1.3% year-over-year, but higher than the estimated $262.4 million.
- The company highlighted exceeding expectations in adjusted EBITDA, adjusted EPS, and free cash flow, attributing success to improved discipline in fundamentals.
- Efforts continue to streamline operations and enhance productivity across the company.
- Sealed Air is aiming for growth and margin expansion in 2025, focusing on maximizing the potential of each business segment.
- Analyst recommendations include 9 buys, 7 holds, and 1 sell.
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Sealed Air Corp on Smartkarma
Independent analysts on Smartkarma are bullish on Sealed Air Corp (SEE), providing valuable insights into its potential. Value Investors Club‘s research indicates that Sealed Air is undervalued and set for a turnaround, using a sum-of-parts valuation method with different multiples for the Protective and Food segments, setting a price target of $49 per share. The Protective segment’s issues are linked to the PC market and economic indicators. Similarly, Baptista Research‘s analysis highlights strategic changes, restructuring Sealed Air into Food and Protective verticals to align with market demands and enhance shareholder value.
Furthermore, Baptista Research‘s assessment of Sealed Air’s Q2 2024 earnings shows a mixed quarter, with success in the Food segment and ongoing challenges in the Protective segment. The company’s enhanced commercial execution in Protective packaging is seen as a driver of optimism, supported by a new CEO, Patrick Kivits, and an executive reshuffle. Analyst coverage on Smartkarma provides a comprehensive view of Sealed Air’s performance and potential for growth as it navigates through market dynamics and strategic shifts.
A look at Sealed Air Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Sealed Air Corp, a company that manufactures packaging and performance-based materials, is seen to have a mixed outlook based on Smartkarma Smart Scores. With a Value score of 2 and Resilience score of 2, there may be some challenges ahead in terms of the company’s perceived value and ability to weather market uncertainties. However, the company’s Dividend score of 3 and Growth score of 3 suggest a moderate level of stability and potential for future expansion.
Additionally, Sealed Air Corp‘s Momentum score of 3 indicates a positive trend in market sentiment and performance. This suggests that while there may be some areas of concern, the company is also showing promising signs of growth and investor confidence, potentially positioning it well for long-term success in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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