Sealed Air's Recent Stock Sell-Off Was Overdone, Says Bullish Analyst
Sealed Air's Recent Stock Sell-Off Was Overdone, Says Bullish Analyst
Sealed Air Corp (NYSE:SEE) shares were climbing in early trading on Monday.
周一，Sealed Air Corp（纽约证券交易所代码：SEE）的股价在早盘交易中攀升。
The stock lost around 12% since March 28, versus a decline of about 1% in S&P 500, due to investor concerns around volume headwinds and competitive pressures, according to Truist Securities.
根据Truist Securities的数据，由于投资者对交易量不利因素和竞争压力的担忧，该股自3月28日以来下跌了约12％，而标准普尔500指数的跌幅约为1％。
The Sealed Air Analyst: Michael Roxland upgraded the rating for Sealed Air from Hold to Buy, while raising the price target from $39 to $44.
Sealed Air分析师：迈克尔·罗克斯兰将Sealed Air的评级从持有上调至买入，同时将目标股价从39美元上调至44美元。
The Sealed Air Thesis: The market seemed to have "overreacted" to some of the company's "transitory headwinds," Roxland said in the upgrade note.
Sealed Air论文：罗克斯兰在升级说明中表示，市场似乎对该公司的一些 “过渡性不利因素” “反应过度”。
Check out other analyst stock ratings.
查看其他分析师股票评级。
"From our vantage point, nothing has changed post 4Q earnings in late February that would warrant such a sell-off," the analyst wrote. He added, however, that the resolution of the co-CEO structure could become a tailwind in the near term.
该分析师写道：“从我们的角度来看，在2月下旬的第四季度收益之后，没有任何变化可以证明这种抛售。”但是，他补充说，联席首席执行官结构的解除可能会在短期内成为不利因素。
While Food volumes have weakened due to "a softer U.S. cattle cycle," the segment still managed to generate an EBITDA margin of about 22.0% in 2023, Roxland stated. "Meanwhile, volumes should begin to improve in 2024," driven by "share gains in retail markets and continued growth in Liquibox (fluids & liquids), which comprises ~8% of Food sales and ~5% of total company sales," he added.
罗克斯兰表示，尽管由于 “美国牛周期疲软”，食品销量有所减弱，但该细分市场在2023年仍设法创造了约22.0％的息税折旧摊销前利润率。他补充说：“同时，受零售市场份额增长和Liquibox（液体和液体）持续增长的推动，销量将在2024年开始改善，Liquibox（液体和液体）约占食品销售额的8％，约占公司总销售额的5％。”
SEE Price Action: Shares of Sealed Air had risen by 2.16% to $33.35 at the time of publication on Monday.
查看价格走势：周一发布时，Sealed Air的股价上涨了2.16％，至33.35美元。
Photo: Shutterstock
照片：Shutterstock