Showing posts with label Sealed Air. Show all posts
Showing posts with label Sealed Air. Show all posts

Wednesday, December 21, 2011

Cobalt (CIE) (LECO) (ORCL) (SEE) (CPL) (FNB) Ratings, Price Targets

Cobalt International Energy (NYSE: CIE), Lincoln Electric Holdings Inc. (NASDAQ: LECO), Oracle (NASDAQ: ORCL), Sealed Air Corp. (NYSE: SEE), CPFL Energia SA (NYSE: CPL) and F.N.B. Corp (NYSE: FNB) ratings and price targets.

Cobalt International Energy (CIE) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “buy” rating.

Lincoln Electric Holdings Inc. (LECO) had its price target raised by Longbow Research from $40.00 to $44.00. They have a “Buy” rating on the firm.

Oracle (ORCL) had its price target lowered by Macquarie from $36.00 to $32.00. They have an “Outperform” rating on the firm.

Sealed Air Corp. (SEE) had its price target lowered by Jefferies (NYSE:JEF) to $22.00.

CPFL Energia SA (CPL) was downgraded by UBS AG (NYSE:UGS) from a “Neutral” rating to a “Sell” rating.

F.N.B. Corp. (FNB) was downgraded by FBR Capital from an “Outperform” rating to a “Market Perform” rating. They have a price target $11.00 on the firm.

Tuesday, August 16, 2011

Tyson (TSN) (GM) (TPCG) (IBM) (PNM) (SEE) (SUN) (SYK) Upgraded

Tyson Foods, Inc. (NYSE: TSN), General Motors (NYSE: GM), TPC Group, Inc. (NASDAQ: TPCG), IBM (NYSE: IBM), PNM Resources, Inc. (NYSE: PNM), Sealed Air Corp. (NYSE: SEE), Sunoco Incorporated (NYSE: SUN) and Stryker (NYSE: SYK) upgraded by analysts.

Tyson Foods, Inc. (TSN) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating.

General Motors (GM) was upgraded by Ticonderoga from a “Neutral” rating to a “Buy” rating. They have a price target of $42.00 on the company.

TPC Group, Inc. (TPCG) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.

IBM (IBM) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating. They have a price target of $195.00 on the company.

PNM Resources, Inc. (PNM) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $16.00 on the company, up from $15.00.

Sealed Air Corp. (SEE) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating. They cited valuation as the catalyst behind the call.

Sunoco Incorporated (SUN) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.

Stryker (SYK) was upgraded by Rodman & Renshaw from a “Market Perform” rating to an “Outperform” rating. They have a price target of $56.00 on the company.

Monday, May 2, 2011

Dividend Yields for (PPG) (VMC) (SEE) (PX (FCX)

Indicated dividend yields for Standard & Poor's 500 Index companies PPG Industries Inc (PPG), Vulcan Materials Co (VMC), Sealed Air Corp (SEE), Praxair Inc (PX) and Freeport-McMoRan Copper & Gold (FCX).

These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.

PPG Industries Inc (PPG) has a dividend yield of 2.41 percent on a declared dividend of $0.57. The payout ratio is 38.7 percent.

Vulcan Materials Co (VMC) has a dividend yield of 3.06 percent on a declared dividend of $0.25. The payout ratio is 303.6 percent.

Sealed Air Corp (SEE) has a dividend yield of 2.02 percent on a declared dividend of $0.13. The payout ratio is 34.6 percent.

Praxair Inc (PX) has a dividend yield of 1.88 percent on a declared dividend of $0.50. The payout ratio is 38.2 percent.

Freeport-McMoRan Copper & Gold (FCX) has a dividend yield of 1.82 percent on a declared dividend of $0.50. The payout ratio is 15.8 percent.

Wednesday, January 26, 2011

Sealed Air (NYSE:SEE) Sales Growth for 2011 Starts Off Strong

Sales growth for Sealed Air (NYSE:SEE) appears to be getting off on the right foot for 2011, which is projected to reach a 5 to 7 percent growth rate.

Jefferies noted, "we are impressed that volume growth has accelerated, with the company continuing to see good momentum in 2011 (5-7% sales growth target), with January off to a good start."

They did lower their EPS estimates for full year 2011 and full year 2012 from $1.82 and $2.18 to $1.78 and $2.12.

Major catalysts fro Sealed Air include emerging markets, new products and strong equipment sales.

Jefferies maintains a "Hold" rating on Sealed Air (SEE), which closed Tuesday at $26.82, dropping $0.01, or 0.04 percent. Jefferies raised their price target on Sealed Air from $25 to $26.

Monday, January 24, 2011

Sealed Air's (NYSE:SEE) Costs Are Challenged in 2011

Sealed Air's (NYSE:SEE) polyethylene costs and polypropylene rose by 18 percent and 12 percent in 2010, and going forward that looks to continue to be the case in 2011, putting more pressure on margins.

Barclays says, "...Given an 18% YoY rise in 2010 4Q polyethylene costs and a 12% YoY rise in polypropylene costs, we believe the risk to EPS estimates is on the downside. However, some of the headwinds will likely be mitigated by the benefits of partial pass-through price hikes, protective packaging volume improvement, and improved food packaging volumes (helped by rising slaughter rates resulting from rising feedstock costs).

"We are reducing our 4Q10 EPS from $0.45 to $0.43 as high resin costs likely more than offset the favourable factors noted above...We are reducing our 2011 EPS estimate from $1.80 to $1.70...We are also reducing our 2012 EPS from $2.20 to $2.05 and introducing our 2013 EPS estimate at $2.20."

Barclays reiterates an "Equalweight" rating on Sealed Air (SEE), which closed Friday at $25.45, losing $0.22, or 0.86 percent. Barclays lowered their price target on Sealed Air from $25 to $23.