Sealed Air (SEE) Shares Rally 10.15% on Strong Q3 Earnings, Strategic Shifts

Sealed Air’s (SEE) shares rose to their highest level so far this month, climbing 1.61% intraday on Nov. 7. The stock has now advanced 10.15% over the past four sessions, signaling a strong reversal from recent weakness.

Recent gains follow improved operational performance and strategic adjustments. The company exceeded third-quarter revenue and earnings expectations, with adjusted EPS of $0.87 surpassing forecasts of $0.70. Revenue hit $1.35 billion, outperforming projections, while cost-cutting initiatives and productivity improvements bolstered margins. Analysts highlighted a turnaround in the Protective division and a strategic shift in the Food segment toward higher-growth markets as key drivers of investor confidence.

Valuation metrics also support the rally. SEE trades at a P/E ratio of 12.61, below its fair value estimate, with a 2.24% dividend yield reinforcing its appeal to income investors. RBC Capital’s upgraded price target to $52—from $48—reflects optimism about Sealed Air’s ability to sustain growth amid a competitive market environment. The stock’s 31.52% six-month return underscores its resilience, as operational efficiency and market realignment position it for long-term gains.