Last $42.20 USD
Change Today -0.08 / -0.19%
Volume 3.4M
SEE On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

sealed air corp (SEE) Snapshot

Open
$42.53
Previous Close
$42.28
Day High
$42.90
Day Low
$42.17
52 Week High
12/19/14 - $42.90
52 Week Low
02/6/14 - $28.18
Market Cap
8.9B
Average Volume 10 Days
2.8M
EPS TTM
$1.17
Shares Outstanding
211.2M
EX-Date
12/3/14
P/E TM
36.0x
Dividend
$0.52
Dividend Yield
1.23%
Current Stock Chart for SEALED AIR CORP (SEE)

sealed air corp (SEE) Details

Sealed Air Corporation, through its subsidiaries, provides food safety and security, facility hygiene, and product protection solutions worldwide. The company operates through three segments: Food Care, Diversey Care, and Product Care. The Food Care segment provides integrated system solutions that incorporate equipment systems integrated into customers’ operations; consumables; and packaging equipment systems that incorporate options for loading, filling, dispensing, and retort and aseptic processing conditions. It also offers graphic design, printing, training, field quality assurance, and remote diagnostics services; and facility hygiene solutions, such as clean-in-place and open plant systems that integrate cleaning chemicals, lubricants, floor care equipment, and cleaning tools. This segment markets its solutions under the Cryovac, Diversey, Cryovac Grip & Tear, Cryovac Mirabella, Simple Steps, and Secure Check brand names to perishable food and beverage processors. The Diversey Care segment offers Diversey-branded solutions comprises integrated lines of products and dispensing systems for hard surface cleaning, disinfecting and sanitizing, hand washing, deodorizing, ware washing, hard surface and carpeted floor cleaning systems, cleaning tools and utensils, and fabric care for professional laundry applications. The Product Care segment provides various product care solutions to meet cushioning, void fill, positioning/block-and-bracing, surface protection, retail display, containment, and dunnage needs under the Bubble Wrap and Air Cap, Cryovac, Shanklin, Instapak, Jiffy, and Korrvu brands names directly, as well as through business supply distribution to fabricators, OEMs/contract manufacturers, e-commerce/fulfillment operations, and retail centers. It serves food and beverage processing, food service, retail, health care and industrial, commercial, and consumer markets. The company was founded in 1960 and is headquartered in Elmwood Park, New Jersey.

25,000 Employees
Last Reported Date: 02/28/14
Founded in 1960

sealed air corp (SEE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.0M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $540.3K
President of Asia, Middle East, Africa and Tu...
Total Annual Compensation: $508.6K
President of Diversey Care
Total Annual Compensation: $466.6K
President of Food Care
Total Annual Compensation: $410.0K
Compensation as of Fiscal Year 2013.

sealed air corp (SEE) Key Developments

Sealed Air Corporation Provides Earnings Guidance for the Full Year of 2014

Sealed Air Corporation provided earnings guidance for the full year of 2014. For the year, the company is expecting adjusted EBITDA to be $1.11 billion, earnings per share to be between $1.70 and $1.75 and free cash flow to be $540 million.

Sealed Air Announces Completion of Tender Offer for 8.125% Senior Notes Due 2019

Sealed Air Corporation announced that the final tender period for the previously announced offer to purchase its outstanding 8.125% Senior Notes due 2019, expired at 11:59 p.m., New York City time, on December 8, 2014. At the Expiration Time, $602,855,000 principal amount of 2019 Notes, or 80.4% of the aggregate principal amount outstanding, had been validly tendered and not withdrawn. As part of the previously announced early tender, the company purchased for cash, on November 24, 2014, $602,559,000 of the tendered 2019 Notes. The complete terms and conditions of the tender offer were set out in an Offer to Purchase and Consent Solicitation Statement that was sent to holders of the 2019 Notes.

Sealed Air Corporation Announces Results and Settlement of Early Cash Tender for 8.125% Senior Notes Due 2019

Sealed Air Corporation announced that, in connection with the previously announced cash tender offer and consent solicitation by the company to purchase for cash any and all of its 8.125% senior notes due 2019, the early tender period in respect of the tender offer expired on November 21, 2014. As of the Consent Payment Deadline, $602,559,000 principal amount of the 2019 notes, or 80.3% of the principal amount outstanding, had been validly tendered and not withdrawn. Those holders who validly tendered their 2019 Notes prior to the Consent Payment Deadline received on November 24, 2014 the total consideration of $1,100.92 per $1,000 principal amount of the 2019 notes, which included a consent payment of $10.00 per $1,000 principal amount of the 2019 notes, plus any accrued and unpaid interest on the 2019 notes up to, but not including, the payment date. The withdrawal rights for the early tender of 2019 notes and corresponding consents in the tender offer expired as on November 21, 2014. The final offer period will expire on December 8, 2014, unless extended or earlier terminated. Holders who tender their 2019 notes after the Consent Payment Deadline and on or prior to the Expiration Time will be eligible to receive only the tender offer consideration of $1,090.92 per $1,000 principal amount of 2019 notes tendered plus accrued and unpaid interest to the payment date, but not the consent payment. As the company received consents from holders of greater than a majority in aggregate principal amount of the outstanding 2019 notes, the company, the guarantors thereto and HSBC Bank USA, National Association, as trustee, have executed a supplemental indenture to the indenture governing the 2019 notes, which will be filed with the Securities and Exchange Commission at a later date. The amendments and modifications contained in the Supplemental Indenture eliminate certain restrictive covenants contained in the indenture. These changes became operative concurrently with the acceptance for payment on November 24, 2014 of all 2019 notes that were validly tendered at or prior to the Consent Payment Deadline. The complete terms and conditions of the tender offer are set fourth in the statement that has been sent to holders of the 2019 notes. Holders are urged to read the tender offer documents carefully before making any decision with respect to the tender offer and consent solicitation. Holders of 2019 notes must make their own decisions as to whether to tender their 2019 notes and provide the related consents, and if they decide to do so, the principal amount of the 2019 notes to tender.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SEE:US $42.20 USD -0.08

SEE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ball Corp $68.61 USD +0.78
Crown Holdings Inc $51.08 USD +0.80
MeadWestvaco Corp $44.96 USD +0.14
Owens-Illinois Inc $27.01 USD +0.73
Rexam PLC 454.30 GBp +7.50
View Industry Companies
 

Industry Analysis

SEE

Industry Average

Valuation SEE Industry Range
Price/Earnings 46.7x
Price/Sales 1.1x
Price/Book 6.7x
Price/Cash Flow 26.1x
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SEALED AIR CORP, please visit www.sealedair.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.