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Sonoco Products Stock Price, Forecast & Analysis (NYSE:SON)

$58.89
-0.17 (-0.29 %)
(As of 11/18/2019 06:59 AM ET)
Today's Range
$58.83
Now: $58.89
$59.23
50-Day Range
$55.71
MA: $57.93
$59.03
52-Week Range
$50.30
Now: $58.89
$66.57
Volume243,046 shs
Average Volume383,499 shs
Market Capitalization$5.89 billion
P/E Ratio17.47
Dividend Yield2.91%
Beta0.88
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. Read More…

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$5.76 per share
Book Value$18.52 per share

Profitability

Net Income$313.56 million

Miscellaneous

Employees23,000
Market Cap$5.89 billion
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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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 Monday, October 14th. Investors of record on Friday, November 8th will be given a dividend of $0.43 per share on Tuesday, December 10th. This represents a $1.72 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Thursday, November 7th. View Sonoco Products' Dividend History.

How were Sonoco Products' earnings last quarter?

Sonoco Products Co (NYSE:SON) released its quarterly earnings data on Thursday, October, 17th. The industrial products company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.06. The industrial products company earned $1.35 billion during the quarter, compared to analyst estimates of $1.39 billion. Sonoco Products had a net margin of 5.99% and a return on equity of 20.08%. The firm's revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 earnings per share. 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 13th 2020. 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, October, 17th. The company provided earnings per share (EPS) guidance of $3.50-5.54 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.55.

What price target have analysts set for SON?

9 Wall Street analysts have issued 1-year price targets for Sonoco Products' stock. Their forecasts range from $56.00 to $68.00. On average, they anticipate Sonoco Products' stock price to reach $61.20 in the next year. This suggests a possible upside of 3.9% from the stock's current price. View Analyst Price Targets for Sonoco Products.

What is the consensus analysts' recommendation for Sonoco Products?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonoco Products in the last year. There are currently 2 sell ratings, 5 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 think SON remains a solid defensive holding; only valuation keeps us on the sidelines." (7/18/2019)
  • 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?

News headlines about SON stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sonoco Products earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View News Stories for Sonoco Products.

Are investors shorting Sonoco Products?

Sonoco Products saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,970,000 shares, a decrease of 11.3% from the September 30th total of 3,350,000 shares. Based on an average daily volume of 415,600 shares, the short-interest ratio is currently 7.1 days. Currently, 3.0% of the shares of the stock are short sold. View Sonoco Products' Current Options Chain.

Who are some of Sonoco Products' key competitors?

Some companies that are related to Sonoco Products include Packaging Corp Of America (PKG), Sealed Air (SEE), Graphic Packaging (GPK), UFP Technologies (UFPT) and Rock-Tenn (RKT).

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), CVS Health (CVS), Stanley Black & Decker (SWK), EOG Resources (EOG), Honeywell International (HON), Autodesk (ADSK), Celgene (CELG), Masimo (MASI) and Baxter International (BAX).

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, Pres, CEO & Director (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)
  • Ms. Julie C. Albrecht, VP & CFO (Age 51)

Who are Sonoco Products' major shareholders?

Sonoco Products' stock is owned by a number of of institutional and retail investors. Top institutional investors include First Trust Advisors LP (0.75%), Shufro Rose & Co. LLC (0.37%), Retirement Systems of Alabama (0.31%), Rhumbline Advisers (0.29%), Anchor Capital Advisors LLC (0.28%) and California Public Employees Retirement System (0.25%). 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 Robeco Institutional Asset Management B.V., Gateway Investment Advisers LLC, Retirement Systems of Alabama, Essex Savings Bank, Comerica Bank, Chicago Equity Partners LLC, State of Alaska Department of Revenue and Hancock Whitney Corp. 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 and Roger P Schrum. View Insider Buying and Selling for Sonoco Products.

Which institutional investors are buying Sonoco Products stock?

SON stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State of New Jersey Common Pension Fund D, BB&T Corp, Assenagon Asset Management S.A., Speece Thorson Capital Group Inc., SG Americas Securities LLC, Russell Investments Group Ltd. and Wedge Capital Management L L P NC. 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, Robinhood, Fidelity and Charles Schwab.

What is Sonoco Products' stock price today?

One share of SON stock can currently be purchased for approximately $58.89.

How big of a company is Sonoco Products?

Sonoco Products has a market capitalization of $5.89 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 23,000 workers across the globe.View Additional Information About Sonoco Products.

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:  1.7 out of 5 (star)
Outperform Votes:  298 (Vote Outperform)
Underperform Votes:  594 (Vote Underperform)
Total Votes:  892
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 11/18/2019 by MarketBeat.com Staff

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