Over the last 7 days, the Packaging industry has remained flat. As for the the longer term, the industry is up 9.7% over the past 12 months.
Industry Valuation and Performance
Has the U.S. Packaging Industry valuation changed over the past few years?
Sun, 28 Nov 2021
Tue, 26 Oct 2021
Thu, 23 Sep 2021
Sat, 21 Aug 2021
Sat, 05 Jun 2021
Tue, 09 Mar 2021
Mon, 30 Nov 2020
Thu, 03 Sep 2020
Sun, 07 Jun 2020
Sat, 29 Feb 2020
Tue, 03 Dec 2019
Fri, 06 Sep 2019
Mon, 10 Jun 2019
Sun, 03 Mar 2019
Wed, 05 Dec 2018
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 19.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Packaging industry have declined 3.9% per year over the last three years, while revenues for these companies have grown 6.2% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the U.S. Packaging industry?
Metal and Glass Containers
Industry PE: Investors are most optimistic about the Metal and Glass Containers industry which is trading above its 3-year average PE ratio of 18.7x. However analysts are expecting annual earnings growth of 14%, which is lower than the prior year's growth of 24% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Paper Packaging industry, which is trading close to its 3-year average of 18.7x.
Forecasted Growth: Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 20% over the next 5 years. However this is lower than its past earnings growth rate of 63% per year. Meanwhile, the Metal and Glass Containers industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?