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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

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 down 0.1%. By the end of trading, Sealed Air Corporation fell $0.25 (-1.1%) to $22.85 on light volume. Throughout the day, 1,317,141 shares of Sealed Air Corporation exchanged hands as compared to its average daily volume of 2,844,400 shares. The stock ranged in price between $22.70-$23.12 after having opened the day at $22.99 as compared to the previous trading day's close of $23.10. Other companies within the Consumer Goods sector that declined today were: Central European Distribution ( CEDC), down 9.3%, Ballantyne Strong ( BTN), down 8.1%, Gaming Partners International Corporation ( GPIC), down 6.5% and ACCO Brands ( ACCO), down 5.9%.
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Sealed Air Corporation, through its subsidiaries, provides food safety and security, facility hygiene, and product protection solutions worldwide. The company operates through three segments: Food & Beverage (F&B), Institutional & Laundry (I&L), and Protective Packaging. Sealed Air Corporation has a market cap of $4.5 billion and is part of the consumer non-durables industry. Shares are up 31.9% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Sealed Air Corporation a buy, 2 analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Sealed Air Corporation as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity.

On the positive front, Tesla Motors ( TSLA), down 14.4%, Castle Brands Incorporated ( ROX), down 8.8%, Orient Paper ( ONP), down 8.4% and Summer Infant ( SUMR), down 8.0% , were all gainers within the consumer goods sector with Hillshire Brands ( HSH) 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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