NYSE:SEEPackaging
Sealed Air (SEE) Marginal Profit Margin Gain Puts Valuation Narrative to the Test
Sealed Air (SEE) reported a slight uptick in profitability, posting a net profit margin of 7.4% compared to 7.3% last year. Over the past year, earnings grew by 0.4%, a modest improvement when set against a five-year average annual decline of 10.2%. Forecasts show revenue is expected to grow at 1.7% per year, which is well below the US market’s pace of 10.5%. Annual earnings growth of 10.7% is projected but still trails the US market average of 16%. With its price-to-earnings ratio of 13.3x...