Published: Wed, December 20, 2017
World | By Paul Elliott

What's Propelling Sealed Air Corporation (NYSE:SEE) After Lower Shorts Reported?


Fiduciary Trust Co. acquired a new stake in shares of Sealed Air during the second quarter worth $124,000. Its down 32.06% from 9.32M shares, reported previously. Sealed Air Corp now has $8.91B valuation. (NYSE:AIR). Spark Inv Limited Liability Company, New York-based fund reported 31,600 shares. Sealed Air Corporation (NYSE:SEE) has declined 6.94% since December 18, 2016 and is downtrending. It has underperformed by 12.52% the S&P500. Suntrust Banks Inc invested in 47,739 shares. These insider shares are worth based on the market about $893,592 U.S. Dollars.

Other equities research analysts have also recently issued reports about the company. After $0.31 actual earnings per share reported by AAR Corp. for the previous quarter, Wall Street now forecasts 19.35 % EPS growth. They expect $0.72 EPS, down 7.69% or $0.06 from last year's $0.78 per share.

Since October 26, 2017, it had 0 insider buys, and 1 sale for $213,930 activity.

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock. The company has market cap of $974.50 million. It has a 25.85 P/E ratio. The firm conducts its homebuilding activities in Arizona, California, Nevada, Washington, Colorado, Utah, Virginia, Florida, Maryland, Pennsylvania, and New Jersey. (AIR) traded down $0.42 on Tuesday, reaching $42.78. About 36,711 shares traded. Lindsay Corporation (NYSE:LNN) has risen 25.75% since December 19, 2016 and is uptrending. It has outperformed by 2.72% the S&P500.

Investors sentiment increased to 1.31 in Q2 2017. The company has a quick ratio of 1.38, a current ratio of 2.90 and a debt-to-equity ratio of 0.20.

Los Angeles Capital Management & Equity Research Inc. lessened its stake in shares of AAR Corp. 16 funds opened positions while 61 raised stakes. Lsv Asset reported 434,691 shares stake. Deutsche Retail Bank Ag has 131,411 shares for 0% of their portfolio. (NYSE:AIR). Ubs Asset Management Americas invested in 0% or 11,998 shares. Gsa Prtnrs Llp invested in 0.17% or 75,489 shares. Pacer Advisors Inc. boosted its holdings in shares of Sealed Air by 8.1% in the 2nd quarter. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,090 shares. Meeder Asset Mngmt Incorporated stated it has 0% of its portfolio in M.D.C. Holdings, Inc. (NYSE:MDC) for 175,874 shares. Municipal Employees Retirement System of MI now owns 15,540 shares of the aerospace company's stock worth $587,000 after acquiring an additional 4,580 shares during the last quarter. 10,500 were reported by Menta Capital Limited Liability. Van Eck Assoc holds 0.01% of its portfolio in Franklin Electric Co., Inc. State Of Alaska Department Of Revenue holds 0.02% or 8,138 shares. Principal Financial Gp reported 94,772 shares. Migdal Insurance & Financial Holdings Ltd. now owns 38,906 shares of the aerospace company's stock valued at $1,467,000 after buying an additional 19,690 shares during the last quarter. Therefore 20% are positive.

SEE is now overvalued by 0.32% relative to the average 1-year price target of $49.50 taken from a group of Wall Street Analysts.

Among 6 analysts covering AAR Corp. The rating was initiated by RBC Capital Markets on Friday, February 19 with "Outperform". The stock has "Hold" rating by Citigroup on Thursday, September 7. The rating was maintained by RBC Capital Markets with "Buy" on Wednesday, April 12. The rating was maintained by Noble Financial with "Buy" on Thursday, November 2. On Friday, June 10 the stock rating was downgraded by Seaport Global to "Neutral". The firm has "Hold" rating by Keefe Bruyette & Woods given on Monday, May 29. (NYSE:MDC) earned "Sell" rating by Evercore on Monday, January 30. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. Therefore 50% are positive. Bank Of Montreal had 28 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was initiated by Ladenburg Thalmann with "Sell" on Tuesday, December 22. UBS has "Buy" rating and $54 target.

Trading for shares of Sealed Air Corporation (NYSE:SEE) should be followed closely this week, as Barclays Capital raised shares to a "Overweight" from a "Equal Weight". The stock has "Underweight" rating by Piper Jaffray on Thursday, December 24. RBC Capital Markets maintained it with "Hold" rating and $4400 target in Thursday, July 13 report. The companyÂ's Irrigation segment makes and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand. Noble Financial maintained the shares of AIR in report on Tuesday, July 18 with "Buy" rating.

Analysts await Sealed Air Corporation (NYSE:SEE) to report earnings on February, 8. They expect $0.37 EPS, up 5.71 % or $0.02 from last year's $0.35 per share. SEE's profit will be $102.82M for 21.57 P/E if the $0.57 EPS becomes a reality. (NYSE:AIR) to report earnings on December, 20.

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