Sealed Air Corporation (SEE): Today's Featured Consumer Goods Laggard

Sealed Air Corporation ( SEE) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.2%. By the end of trading, Sealed Air Corporation fell 31 cents (-2.2%) to $13.68 on average volume. Throughout the day, 2.5 million shares of Sealed Air Corporation exchanged hands as compared to its average daily volume of 2.7 million shares. The stock ranged in price between $13.60-$13.98 after having opened the day at $13.92 as compared to the previous trading day's close of $13.99. Other companies within the Consumer Goods sector that declined today were: ATC Venture Group ( ATC), down 9.9%, Orbital ( OBT), down 6.9%, Nautilus Group ( NLS), down 6.9%, and Castle Brands Incorporated ( ROX), down 6.6%.

Sealed Air Corporation, through its subsidiaries, provides food safety and security, facility hygiene, and product protection solutions worldwide. Sealed Air Corporation has a market cap of $2.7 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 31.6, above the S&P 500 P/E ratio of 17.7. Shares are down 19.2% year to date as of the close of trading on Friday. Currently there are five analysts that rate Sealed Air Corporation a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Sealed Air Corporation as a hold. Among the primary strengths of the company is its robust revenue growth -- not just in the most recent periods but in previous quarters as well. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally poor debt management.

On the positive front, Shiner International ( BEST), up 36.7%, Jones Soda Company ( JSDA), up 36.2%, Global-Tech Advanced Innovations ( GAI), up 32%, and Mannatech ( MTEX), up 13.7%, were all gainers within the consumer goods sector with Coach ( COH) being today's featured consumer goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).
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