NYSE:SON - Sonoco Products Stock Price, News, & Analysis

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$59.62 +0.03 (+0.05 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$59.62
Today's Range$59.25 - $59.8737
52-Week Range$46.55 - $61.79
Volume410,596 shs
Average Volume571,982 shs
Market Capitalization$5.95 billion
P/E Ratio17.69
Dividend Yield2.75%
Beta1
Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through four segments: Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products, and Protective Solutions. The Consumer Packaging segment offers composite and thermoformed plastic round and shaped rigid containers and trays; extruded and injection-molded plastic products; printed flexible packaging products; brand artwork management; and metal and peelable membrane ends and closures. The Display and Packaging segment offers point-of-purchase displays; supply chain management services comprising contract packing, fulfillment, and scalable service centers; retail packaging, including printed backer cards, thermoformed blisters, and heat sealing equipment; and paper amenities, such as coasters and glass covers. The Paper and Industrial Converted Products segment provides paperboard tubes and cores; fiber-based construction tubes and forms; wooden, metal, and composite wire and cable reels and spools; and recycled paperboard, linerboard, corrugating medium, recovered paper, and material recycling services. The Protective Solutions segment provides custom-engineered, paperboard-based, and expanded foam protective packaging and components; and temperature-assured packaging products. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.

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Industry, Sector and Symbol

Industry Paperboard containers & boxes
Sub-IndustryPaper Packaging
SectorIndustrial Products
CUSIP83549510
Phone843-383-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.39 billion
Cash Flow$5.7827 per share
Book Value$17.76 per share

Profitability

Net Income$313.56 million

Miscellaneous

Employees21,000
Market Cap$5.95 billion
Next Earnings Date4/18/2019 (Estimated)
OptionableOptionable

Sonoco Products (NYSE:SON) Frequently Asked Questions

What is Sonoco Products' stock symbol?

Sonoco Products trades on the New York Stock Exchange (NYSE) under the ticker symbol "SON."

How often does Sonoco Products pay dividends? What is the dividend yield for Sonoco Products?

Sonoco Products announced a quarterly dividend on Wednesday, February 13th. Investors of record on Wednesday, February 27th will be paid a dividend of $0.41 per share on Friday, March 8th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date is Tuesday, February 26th. View Sonoco Products' Dividend History.

How were Sonoco Products' earnings last quarter?

Sonoco Products Co (NYSE:SON) announced its quarterly earnings data on Thursday, February, 14th. The industrial products company reported $0.84 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.81 by $0.03. The industrial products company had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $1.37 billion. Sonoco Products had a net margin of 5.82% and a return on equity of 18.94%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.72 EPS. View Sonoco Products' Earnings History.

When is Sonoco Products' next earnings date?

Sonoco Products is scheduled to release their next quarterly earnings announcement on Thursday, April 18th 2019. View Earnings Estimates for Sonoco Products.

What guidance has Sonoco Products issued on next quarter's earnings?

Sonoco Products issued an update on its FY19 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $3.47-$3.57 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.51. Sonoco Products also updated its FY 2019 guidance to $3.47-3.57 EPS.

What price target have analysts set for SON?

6 equities research analysts have issued 1 year target prices for Sonoco Products' shares. Their predictions range from $55.00 to $59.00. On average, they anticipate Sonoco Products' stock price to reach $56.80 in the next twelve months. This suggests that the stock has a possible downside of 4.7%. View Analyst Price Targets for Sonoco Products.

What is the consensus analysts' recommendation for Sonoco Products?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonoco Products in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sonoco Products.

What are Wall Street analysts saying about Sonoco Products stock?

Here are some recent quotes from research analysts about Sonoco Products stock:
  • 1. KeyCorp analysts commented, "We are reducing our 2019 adj. EPS estimate from $3.52 to $3.47 (at the low end of maintained guidance of $3.47-$3.57) on lower Consumer Packaging segment profitability, and introducing a 2020 estimate of the same (consensus is much higher, at $3.72)." (2/14/2019)
  • 2. According to Zacks Investment Research, "Sonoco revised fourth-quarter and fiscal 2018 guidance due to the receipt of business interruption insurance proceeds in the fourth quarter associated with the impact of flooding on operations owing to Hurricane Florence in September. The company anticipates delivering a record performance on all counts — sales, operating profit, earnings, operating cash flow and free cash flow, in 2018. The 2018 earnings per share guidance is at $3.32-$3.38, reflecting a year-over-year increase of 20%. The company will gain from acquisitions, development of new products and cost control. The company has a positive record of earnings surpises over the last few quarters. It has outperformed the industry over the past year. However, impact of tariffs on steel, aluminum and other products and inflationary cost pressure from higher freight, wages, energy and elevated cost for materials will continue to hurt Sonoco's results." (12/31/2018)

Has Sonoco Products been receiving favorable news coverage?

Media coverage about SON stock has been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sonoco Products earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are some of Sonoco Products' key competitors?

What other stocks do shareholders of Sonoco Products own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sonoco Products investors own include RPM International (RPM), United Parcel Service (UPS), Procter & Gamble (PG), Baxter International (BAX), CVS Health (CVS), Stanley Black & Decker (SWK), UnitedHealth Group (UNH), Walt Disney (DIS), Uniti Group (UNIT) and EOG Resources (EOG).

Who are Sonoco Products' key executives?

Sonoco Products' management team includes the folowing people:
  • Mr. Harris E. DeLoach Jr., Exec. Chairman (Age 74)
  • Mr. Robert C. Tiede, CEO, Pres & Director (Age 60)
  • Mr. Barry L. Saunders, Sr. VP & CFO (Age 60)
  • Mr. Rodger D. Fuller, Sr. VP of Global Consumer Packaging, Display & Packaging and Protective Solutions (Age 57)
  • Mr. Robert Howard Coker, Sr. VP of Global Paper/Industrial Converted Products (Age 56)

Who are Sonoco Products' major shareholders?

Sonoco Products' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.35%), Bank of America Corp DE (2.28%), Oregon Public Employees Retirement Fund (2.07%), Dimensional Fund Advisors LP (1.79%), Victory Capital Management Inc. (1.51%) and Bank of New York Mellon Corp (1.32%). Company insiders that own Sonoco Products stock include Allan H Mcleland, Barry L Saunders, James A Harrell III, Kevin P Mahoney, Marcy J Thompson, R Howard Coker, Rodger D Fuller, Roger P Schrum and Vicki B Arthur. View Institutional Ownership Trends for Sonoco Products.

Which institutional investors are selling Sonoco Products stock?

SON stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Nordea Investment Management AB, Thrivent Financial for Lutherans, Bank of New York Mellon Corp, Royce & Associates LP, Kayne Anderson Rudnick Investment Management LLC, James Investment Research Inc. and Bank of America Corp DE. Company insiders that have sold Sonoco Products company stock in the last year include Allan H Mcleland, Barry L Saunders, James A Harrell III, Kevin P Mahoney, Marcy J Thompson, R Howard Coker, Rodger D Fuller, Roger P Schrum and Vicki B Arthur. View Insider Buying and Selling for Sonoco Products.

Which institutional investors are buying Sonoco Products stock?

SON stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., APG Asset Management N.V., LSV Asset Management, Hancock Whitney Corp, Victory Capital Management Inc., Dimensional Fund Advisors LP and Rhumbline Advisers. View Insider Buying and Selling for Sonoco Products.

How do I buy shares of Sonoco Products?

Shares of SON can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Sonoco Products' stock price today?

One share of SON stock can currently be purchased for approximately $59.62.

How big of a company is Sonoco Products?

Sonoco Products has a market capitalization of $5.95 billion and generates $5.39 billion in revenue each year. The industrial products company earns $313.56 million in net income (profit) each year or $3.37 on an earnings per share basis. Sonoco Products employs 21,000 workers across the globe.

What is Sonoco Products' official website?

The official website for Sonoco Products is http://www.sonoco.com.

How can I contact Sonoco Products?

Sonoco Products' mailing address is 1 NORTH SECOND STREET, HARTSVILLE SC, 29550. The industrial products company can be reached via phone at 843-383-7000 or via email at [email protected]


MarketBeat Community Rating for Sonoco Products (NYSE SON)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  247 (Vote Outperform)
Underperform Votes:  542 (Vote Underperform)
Total Votes:  789
MarketBeat's community ratings are surveys of what our community members think about Sonoco Products and other stocks. Vote "Outperform" if you believe SON will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SON will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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