Commands a premium stock price in the Packaging & Containers market, supported by current value of outstanding shares stand at $9102.03 ML . With Quick R at 1.3 Sealed Air Corporation liquidity stance is strong , and it is always important to compare Quick R ratio to that of competitors in the same Packaging & Containers industry .
Company has been using higher financial leverage to finance debt and equity capital resulting in a high ROE above its competition . Forward PE for company is perceived at 19.89 times lower PE by 46.92, firms predicted earnings, Earnings to Share indicates that growth is set to increase .
Sealed Air Corporation price /earnings ratio over Next Fiscal calendar is 19.89, and the forecasted growth is set to slow down indicate some sentiment behind the company . Company is forecasted to move lower eps at 35.90% in comparison to this year .
Stocks 200 Day Avg 9.03%, this is a dependable mark to benchmark price’s abiding directional trend . Still trading at its resistance levels , stocks are comfortably -3.79% from its 52 W levels . The firm has seen some validation in its stock price indicative of buying momentum at all lows .
Current firms assets can satisfy firms short term obligations and management might not have any problem with liquidity. SEE profitability ratio has remained constant with 11.30% in Consumer Goods sector .
At high price movement business is attractive for short time view and is not recommended for traders with a long-term view , supported by Sealed Air Corporation stocks at 1.24 Beta exhibit lower association with the wider index.
Total Money flow for the day ended at $-205.98mn with tick up at $3303.27mn and tick down at $3509.25mn led to up /down ratio of 0.94x. Block trades acted as a tailwind, coming in at $-199.61mn and $704.70mn and $904.31mn of tick ups and tick downs respectivelySupported by a string of factors, sector saw a change of 0.14 closing at 6251.82.
With growth centric interest present in Consumer Goods sector with 46.92 price-earnings , due to which currently company seem to be overvalued and expensive , but we think is boosted by future growth prospects as assets commands premium for potential worth of the earnings of the company .
And despite a PE of 46.92, asset might not fairly valued as it is 20.81 times above sector which is a tad high in our opinion . As of now RSI is not responding to the standard resistance levels , instead , it is correlating against 61.99 resistance.
Sealed Air Corporation financials are seem solid however are vulnerable in long term with price to book value at 11.97. Business market price to street firms projected growth in price to growth is more than avg at 4.89 and as of present market conditions , company future growth rates are below current sector value .