NEW YORK, August 12, 2016 /PRNewswire/ --
In today's pre-market research, Stock-Callers.com reviews the following four Packaging and Containers equities: Sealed Air Corp. (NYSE: SEE), Berry Plastics Group Inc. (NYSE: BERY), Bemis Co. Inc. (NYSE: BMS), and Tupperware Brands Corp. (NYSE: TUP). According to the latest report of research company Technavio, the global recyclable packaging materials market is expected to grow at a CAGR of more than 7% from 2016 to 2020. Driving industry growth are the following: higher demand from the Food and Beverage segment and APAC, standardized industry norms, and growth in the retail sector. Download the free research reports on these stocks today: http://stock-callers.com/registration
Charlotte, North Carolina headquartered Sealed Air Corp.'s stock finished Thursday's session 0.51% higher at $47.15 with a total volume of 1.81 million shares traded. The Company's shares have advanced 6.38% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.24% and 3.02%, respectively. Furthermore, shares of Sealed Air, which provides food safety and security, facility hygiene, and product protection solutions worldwide, have a Relative Strength Index (RSI) of 48.61.
On July 15th, 2016, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On July 28th, 2016, Sealed Air reported that net sales of $1.7 billion decreased 3.2% on an as reported basis in Q2 2016. The company noted that currency had a negative impact on total net sales of 3.3%, or $59 million, and the Food Care divestitures had a negative impact on total sales of 0.8%, or $15 million, in Q2. Sealed Air's net income on a reported basis was $50 million, or $0.25 per diluted share, as compared to $28 million, or $0.13 per diluted share in Q2 2015. See our free and comprehensive research report on SEE at:
Berry Plastics Group
On Thursday, shares in Evansville, Indiana headquartered Berry Plastics Group Inc. ended the session at $42.57, slightly down 0.30%. The stock recorded a trading volume of 1.92 million shares, which was higher than its three months average volume of 1.45 million shares. The Company's shares have gained 5.76% in the last one month, 11.27% in the previous three months, and 17.66% since the start of this year. The stock is trading 8.06% above its 50-day moving average and 19.85% above its 200-day moving average. Moreover, shares of Berry Plastics Group, which manufactures and distributes plastic consumer packaging and engineered materials in the United States, Canada, Mexico, Belgium, France, Australia, Germany, Brazil, Malaysia, India, China, and the Netherlands, have an RSI of 66.40.
On August 9th, 2016, Berry Plastics reported record net sales of $1,645 million for the June 2016 quarter compared to $1,241 million in the June 2015 quarter. The company recorded net income of $96 million, or $0.76 per diluted share, for the June 2016 quarter and increased its adjusted net income per diluted share by 61% in the quarter to $0.82.
Yesterday, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $44 a share to $47 a share. BERY free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=BERY
Neenah, Wisconsin-based Bemis Co. Inc.'s stock ended yesterday's session 0.81% lower at $50.19. A total volume of 1.07 million shares was traded, which was above their three months average volume of 670,140 shares. The Company's shares have advanced 0.54% in the previous three months and 13.65% on an YTD basis. The stock is trading 3.46% above its 200-day moving average. Additionally, shares of Bemis, which manufactures and sells packaging products in North America, Latin America, Europe, and the Asia-Pacific, have an RSI of 41.17.
On July 13th, 2016, research firm SunTrust initiated a 'Buy' rating on the Company's stock, issuing a target price of $60 per share.
On August 4th, 2016, The Board of Directors of Bemis declared a regular quarterly cash dividend of $0.29 per share. The dividend is payable September 1st, 2016, to shareholders of record at the close of business on August 17th, 2016. Sign up for your complimentary report on BMS at: http://stock-callers.com/registration/?symbol=BMS
At the close on Thursday, shares in Orlando, Florida headquartered Tupperware Brands Corp. recorded a trading volume of 449,300 shares. The stock finished 0.96% higher at $64.36. The Company's shares have gained 8.88% in the last one month, 15.88% over the previous three months, and 18.52% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.76% and 17.39%, respectively. Furthermore, shares of Tupperware Brands, which operates as a direct-to-consumer marketer of various products across a range of brands and categories worldwide, have an RSI of 65.70. Register for free on Stock-Callers.com and download the latest research report on TUP at: http://stock-callers.com/registration/?symbol=TUP
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA