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

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$53.95 -0.87 (-1.59 %)
(As of 10/23/2018 09:38 AM ET)
Previous Close$54.82
Today's Range$53.92 - $54.40
52-Week Range$46.55 - $58.69
Volume8,072 shs
Average Volume567,067 shs
Market Capitalization$5.53 billion
P/E Ratio19.34
Dividend Yield2.95%
Beta1.07
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

Stock Exchange NYSE
Industry Paperboard containers & boxes
Sub-IndustryPaper Packaging
SectorIndustrial Products
SymbolNYSE:SON
CUSIP83549510
Phone843-383-7000

Debt

Debt-to-Equity Ratio0.72
Current Ratio1.66
Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio19.34
Forward P/E Ratio16.25
P/E Growth3.59

Sales & Book Value

Annual Sales$5.04 billion
Price / Sales1.07
Cash Flow$4.8779 per share
Price / Cash11.06
Book Value$17.41 per share
Price / Book3.10

Profitability

EPS (Most Recent Fiscal Year)$2.79
Net Income$175.34 million
Net Margins4.53%
Return on Equity18.42%
Return on Assets7.12%

Miscellaneous

Employees21,000
Outstanding Shares99,600,000
Market Cap$5.53 billion

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 declared a quarterly dividend on Monday, October 15th. Investors of record on Friday, November 9th will be given a dividend of $0.41 per share on Monday, December 10th. This represents a $1.64 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend is Thursday, November 8th. View Sonoco Products' Dividend History.

How were Sonoco Products' earnings last quarter?

Sonoco Products Co (NYSE:SON) issued its quarterly earnings results on Thursday, October, 18th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.06. The industrial products company had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $1.38 billion. Sonoco Products had a return on equity of 18.42% and a net margin of 4.53%. The company's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.76 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, February 21st 2019. View Earnings Estimates for Sonoco Products.

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

Sonoco Products updated its FY18 earnings guidance on Thursday, October, 18th. The company provided earnings per share (EPS) guidance of $3.28-3.34 for the period, compared to the Thomson Reuters consensus estimate of $3.28. Sonoco Products also updated its FY 2018 guidance to $3.28-3.34 EPS.

What price target have analysts set for SON?

6 equities research analysts have issued 12 month price targets for Sonoco Products' shares. Their forecasts range from $55.00 to $60.00. On average, they anticipate Sonoco Products' share price to reach $57.80 in the next twelve months. This suggests a possible upside of 5.4% from the stock's current price. 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 4 hold ratings and 2 buy ratings 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 slightly reducing our 2018 adj. EPS estimate to $3.34 from $3.37 (at the high end of guidance of $3.28-$3.34), though slightly increasing our 2019 estimate to $3.46 from $3.43 (below consensus of $3.52). Our 2018 estimate is coming down to reflect the consumer segment weakness, while our 2019 estimate is going up to reflect a benefit from the recent Conitex acquisition. Our revised estimates imply flat adj. EBIT in 2019, which we consider appropriate given how historically high its industrial segment margins already are and given the recent struggles of its consumer segment." (10/18/2018)
  • 2. According to Zacks Investment Research, "Sonoco’s production will be hampered as some of its operations will remain closed temporarily due to the flood resulting from Hurricane Florence. Its results will also bear the brunt of elevated costs to recover from damages caused by the disaster. Further, a strong U.S. dollar, higher material costs, tariffs and normal seasonality in the European business will hurt the company's performance. However, Sonoco expects adjusted earnings per share will be $3.27-$3.37 for full-year 2018, reflecting 19% year-over-year growth at the mid-point. Sonoco is poised to gain from pricing initiatives to combat inflation. Further, the company’s agreement to buy remaining interest in the Conitex-Sonoco joint venture will help expand the Paper and Industrial Converted Products segment. Its focus on the Grow and Optimize strategy and strong balance-sheet position remain other growth drivers. The stock has outperformed its industry over the past year." (10/18/2018)

Who are some of Sonoco Products' key competitors?

Who are Sonoco Products' key executives?

Sonoco Products' management team includes the folowing people:
  • Mr. Harris E. DeLoach Jr., Exec. Chairman (Age 73)
  • Mr. Robert C. Tiede, CEO, Pres & Director (Age 59)
  • Mr. Barry L. Saunders, Sr. VP & CFO (Age 59)
  • Mr. Rodger D. Fuller, Sr. VP of Paper/Industrial Converting Americas, Reels & Display and Packaging (Age 56)
  • Mr. Robert Howard Coker, Sr. VP of Global Rigid Paper & Paper/Industrial Converting - International (Age 55)

Who are Sonoco Products' major shareholders?

Sonoco Products' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Columbus Macro LLC (0.09%), Texas Permanent School Fund (0.06%), Manning & Napier Group LLC (0.05%), Nisa Investment Advisors LLC (0.04%), State of Alaska Department of Revenue (0.02%) and Coastline Trust Co (0.01%). Company insiders that own Sonoco Products stock include Allan H Mcleland, Barry L Saunders, James A Harrell III, John E Linville, 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 Texas Permanent School Fund, Columbus Macro LLC, Coastline Trust Co and State of Alaska Department of Revenue. Company insiders that have sold Sonoco Products company stock in the last year include Allan H Mcleland, Barry L Saunders, 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 acquired by a variety of institutional investors in the last quarter, including Clinton Group Inc., Manning & Napier Group LLC, Nisa Investment Advisors LLC, First Hawaiian Bank, Fox Run Management L.L.C., Douglas Lane & Associates LLC, Pratt Collard Advisory Partners LLC and Livingston Group Asset Management CO operating as Southport Capital Management. 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 $54.82.

How big of a company is Sonoco Products?

Sonoco Products has a market capitalization of $5.53 billion and generates $5.04 billion in revenue each year. The industrial products company earns $175.34 million in net income (profit) each year or $2.79 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:  230 (Vote Outperform)
Underperform Votes:  503 (Vote Underperform)
Total Votes:  733
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 10/23/2018 by MarketBeat.com Staff

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