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.
週一，Sealed Air Corp（紐約證券交易所代碼：SEE）的股價在早盤交易中攀升。
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.
根據Truist Securities的數據，由於投資者對交易量不利因素和競爭壓力的擔憂，該股自3月28日以來下跌了約12％，而標準普爾500指數的跌幅約爲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分析師：邁克爾·羅克斯蘭將Sealed Air的評級從持有上調至買入，同時將目標股價從39美元上調至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論文：羅克斯蘭在升級說明中表示，市場似乎對該公司的一些 “過渡性不利因素” “反應過度”。
Check out other analyst stock ratings.
查看其他分析師股票評級。
"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.
該分析師寫道：“從我們的角度來看，在2月下旬的第四季度收益之後，沒有任何變化可以證明這種拋售。”但是，他補充說，聯席首席執行官結構的解除可能會在短期內成爲不利因素。
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.
羅克斯蘭表示，儘管由於 “美國牛週期疲軟”，食品銷量有所減弱，但該細分市場在2023年仍設法創造了約22.0％的息稅折舊攤銷前利潤率。他補充說：“同時，受零售市場份額增長和Liquibox（液體和液體）持續增長的推動，銷量將在2024年開始改善，Liquibox（液體和液體）約佔食品銷售額的8％，約佔公司總銷售額的5％。”
SEE Price Action: Shares of Sealed Air had risen by 2.16% to $33.35 at the time of publication on Monday.
查看價格走勢：週一發佈時，Sealed Air的股價上漲了2.16％，至33.35美元。
Photo: Shutterstock
照片：Shutterstock