Sonoco Products Company is engaged in manufacturing of industrial and consumer packaging products, and providing packaging services. The Company operates in four segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. Its Consumer Packaging segment's products and services include round composite cans, aluminum, steel and peelable membrane easy-open closures for composite and metal cans; plastic bottles, cups and trays, and printed flexible packaging and global brand management. The Display and Packaging segment's products and services include point-of-purchase displays; fulfilment; supply chain management, and paperboard specialties. Its Paper and Industrial Converted Products segment provides the raw material for its fiber-based packaging. The Protective Solutions segment's products and services include custom-engineered and expanded foam protective packaging and components, and temperature-assured packaging.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Non-Paper Containers & Packaging
- Sub-Industry: Paper Packaging
- Symbol: NYSE:SON
- CUSIP: 83549510
- Web: www.sonoco.com
- Market Cap: $4.83 billion
- Outstanding Shares: 99,396,000
- 50 Day Moving Avg: $48.45
- 200 Day Moving Avg: $50.87
- 52 Week Range: $47.10 - $55.58
Sales & Book Value:
- Trailing P/E Ratio: 18.46
- Foreward P/E Ratio: 16.10
- P/E Growth: 3.57
- Annual Revenue: $4.76 billion
- Price / Sales: 1.02
- Book Value: $16.68 per share
- Price / Book: 2.91
- Annual Dividend: $1.56
- Dividend Yield: 3.2%
- EBIDTA: $589.72 million
- Net Margins: 5.61%
- Return on Equity: 16.64%
- Return on Assets: 6.51%
- Debt-to-Equity Ratio: 0.71%
- Current Ratio: 1.62%
- Quick Ratio: 1.13%
- Average Volume: 565,778 shs.
- Beta: 1.12
- Short Ratio: 10.69
Frequently Asked Questions for Sonoco Products Company (NYSE:SON)
What is Sonoco Products Company's stock symbol?
Sonoco Products Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "SON."
How often does Sonoco Products Company pay dividends? What is the dividend yield for Sonoco Products Company?
Sonoco Products Company announced a quarterly dividend on Wednesday, July 19th. Shareholders of record on Friday, August 11th will be given a dividend of $0.39 per share on Friday, September 8th. This represents a $1.56 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Wednesday, August 9th. View Sonoco Products Company's Dividend History.
How were Sonoco Products Company's earnings last quarter?
Sonoco Products Company (NYSE:SON) issued its quarterly earnings results on Thursday, July, 20th. The company reported $0.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.71. The firm had revenue of $1.24 billion for the quarter, compared to analysts' expectations of $1.22 billion. Sonoco Products Company had a net margin of 5.61% and a return on equity of 16.64%. The company's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 earnings per share. View Sonoco Products Company's Earnings History.
When will Sonoco Products Company make its next earnings announcement?
What guidance has Sonoco Products Company issued on next quarter's earnings?
Sonoco Products Company updated its FY17 earnings guidance on Thursday, July, 20th. The company provided earnings per share (EPS) guidance of $2.73-2.80 for the period, compared to the Thomson Reuters consensus estimate of $2.76. Sonoco Products Company also updated its Q3 guidance to $0.71-0.77 EPS.
Where is Sonoco Products Company's stock going? Where will Sonoco Products Company's stock price be in 2017?
8 brokers have issued 1 year price objectives for Sonoco Products Company's stock. Their forecasts range from $45.00 to $60.00. On average, they expect Sonoco Products Company's stock price to reach $51.83 in the next twelve months. View Analyst Ratings for Sonoco Products Company.
What are analysts saying about Sonoco Products Company stock?
Here are some recent quotes from research analysts about Sonoco Products Company stock:
- 1. According to Zacks Investment Research, "For 2017, Sonoco projects earnings per share in the range of $2.73–$2.80. The mid-point of the guidance reflects a year-over-year growth of 1.7%. The company maintains a cautious outlook regarding the second half of 2017 as consumer preferences for packaged is being impacted by changing taste for more fresh and natural products. Also Old Corrugated Cardboard (OCC) prices and resin prices are escalating. If Sonoco’s price increases are not effective, it will hurt the margins. Some of its consumer-product customers seem to be struggling to grow packaged food volumes in certain served markets. The slowdown in manufacturing in the United States and emerging markets, along with headwinds from a strong dollar, is expected to continue impacting its industrial businesses. In the last one year, Sonoco has underperformed the industry it belongs to. Its estimates have gone down lately." (9/19/2017)
- 2. KeyCorp analysts commented, "We are at 2017 adj. EPS of $2.75, compared to guidance of $2.73-$2.83, inclusive of that benefit; we were at $2.83 previously." (2/9/2017)
Who are some of Sonoco Products Company's key competitors?
Some companies that are related to Sonoco Products Company include IDEX Corporation (IEX), Alcoa Corp (AA), Crown Holdings (CCK), Sealed Air Corporation (SEE), Allegion PLC (ALLE), BPC Acquisition Corp (BERY), The Middleby Corporation (MIDD), Graco (GGG), Nordson Corporation (NDSN), HD Supply Holdings (HDS), Hubbell (HUBB), Lincoln Electric Holdings (LECO), Donaldson Company (DCI), Zebra Technologies Corporation (ZBRA), AGCO Corporation (AGCO), Flowserve Corporation (FLS), Reliance Steel & Aluminum Co. (RS) and AptarGroup (ATR).
Who are Sonoco Products Company's key executives?
Sonoco Products Company's management team includes the folowing people:
- Harris E. DeLoach Jr., Executive Chairman of the Board
- M. Jack Sanders, President, Chief Executive Officer, Director
- Barry L. Saunders, Chief Financial Officer, Senior Vice President
- Robert C. Tiede, Chief Operating Officer, Executive Vice President
- Vicki B. Arthur, Senior Vice President - Plastic Packaging and Protective Solutions
- Robert Howard Coker, Senior Vice President - Rigid Paper Containers and Paper/Engineered Carriers International
- Kevin P. Mahoney, Senior Vice President, Corporate Planning
- John Michael Florence Jr., Corporate Vice President, General Counsel, Secretary
- Marcy J. Thompson, Vice President of Marketing and Innovation
- Allan H. McLeland, Corporate Vice President - Human Resources
Who owns Sonoco Products Company stock?
Sonoco Products Company's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.04%), Vanguard Group Inc. (9.48%), State Street Corp (6.58%), Wells Fargo & Company MN (3.64%), American Century Companies Inc. (2.21%) and Ameriprise Financial Inc. (1.84%). Company insiders that own Sonoco Products Company stock include Barry L Saunders, Edgar H Lawton III, James A Harrell III, John E Linville, Kevin P Mahoney, Mancil J Sanders, Marcy J Thompson, R Howard Coker, Ritchie L Bond, Robert L Puechl, Roger P Schrum and Vicki B Arthur. View Institutional Ownership Trends for Sonoco Products Company.
Who sold Sonoco Products Company stock? Who is selling Sonoco Products Company stock?
Sonoco Products Company's stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Ameriprise Financial Inc., Goldman Sachs Group Inc., Northern Trust Corp, LSV Asset Management, NGAM Advisors L.P., Thrivent Financial For Lutherans and James Investment Research Inc.. Company insiders that have sold Sonoco Products Company stock in the last year include James A Harrell III, John E Linville, Kevin P Mahoney, Marcy J Thompson, R Howard Coker and Roger P Schrum. View Insider Buying and Selling for Sonoco Products Company.
Who bought Sonoco Products Company stock? Who is buying Sonoco Products Company stock?
Sonoco Products Company's stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Renaissance Technologies LLC, Janus Henderson Group PLC, American Century Companies Inc., Wells Fargo & Company MN, Prudential Financial Inc., First Trust Advisors LP and Salem Investment Counselors Inc.. View Insider Buying and Selling for Sonoco Products Company.
How do I buy Sonoco Products Company stock?
Shares of Sonoco Products Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Sonoco Products Company's stock price today?
MarketBeat Community Rating for Sonoco Products Company (NYSE SON)MarketBeat's community ratings are surveys of what our community members think about Sonoco Products Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Sonoco Products Company stock can currently be purchased for approximately $48.62.
Consensus Ratings for Sonoco Products Company (NYSE:SON) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 5 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.13)|
|Consensus Price Target: ||$51.83 (6.61% upside)|
Analysts' Ratings History for Sonoco Products Company (NYSE:SON)
(Data available from 9/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/7/2017||Jefferies Group LLC||Reiterated Rating||Hold||$48.00||Low|
|9/6/2017||Bank of America Corporation||Upgrade||Underperform -> Buy||$56.00||Medium|
|9/1/2017||Robert W. Baird||Reiterated Rating||Buy||$60.00||Low|
|8/2/2017||Vertical Research||Upgrade||Sell -> Hold||$45.00||Low|
|7/24/2017||Barclays PLC||Reiterated Rating||Underweight||$45.00 -> $48.00||Medium|
|4/21/2017||DA Davidson||Upgrade||Underperform -> Neutral||$48.00 -> $54.00||Low|
|12/9/2016||Argus||Downgrade||Buy -> Hold||N/A|
|7/24/2016||Deutsche Bank AG||Set Price Target||Hold||$42.00||N/A|
|7/25/2016||Vertical Group||Downgrade||Hold -> Sell||N/A|
|7/22/2016||BMO Capital Markets||Reiterated Rating||Hold||$46.00||N/A|
|6/1/2016||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral||$50.00||N/A|
|11/23/2015||Macquarie||Upgrade||Neutral -> Outperform||$42.00 -> $50.00||N/A|
Earnings History for Sonoco Products Company (NYSE:SON)Earnings History by Quarter for Sonoco Products Company (NYSE SON)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/20/2017||Q2 2017||$0.71||$0.71||$1.22 billion||$1.24 billion||View||N/A|
|4/20/2017||Q1 2017||$0.57||$0.59||$1.17 billion||$1.17 billion||View||N/A|
|2/9/2017||Q416||$0.63||$0.62||$1.20 billion||$1.14 billion||View||Listen|
|10/20/2016||Q316||$0.68||$0.72||$1.23 billion||$1.21 billion||View||Listen|
|7/21/2016||Q216||$0.68||$0.73||$1.26 billion||$1.21 billion||View||Listen|
|4/21/2016||Q116||$0.60||$0.65||$1.21 billion||$1.23 billion||View||Listen|
|2/11/2016||Q415||$0.62||$0.64||$1.28 billion||$1.27 billion||View||Listen|
|10/21/2015||Q315||$0.67||$0.65||$1.29 billion||$1.24 billion||View||Listen|
|7/16/2015||Q215||$0.67||$0.66||$1.29 billion||$1.25 billion||View||Listen|
|4/16/2015||Q115||$0.58||$0.56||$1.25 billion||$1.20 billion||View||Listen|
|2/12/2015||Q414||$0.64||$0.66||$1.29 billion||$1.32 billion||View||Listen|
|10/16/2014||Q314||$0.68||$0.72||$1.26 billion||$1.26 billion||View||Listen|
|7/17/2014||Q214||$0.66||$0.63||$1.26 billion||$1.25 billion||View||Listen|
|4/17/2014||Q1||$0.51||$0.52||$1.20 billion||$1.19 billion||View||Listen|
|2/13/2014||Q413||$0.58||$0.58||$1.21 billion||$1.22 billion||View||Listen|
|10/17/2013||Q313||$0.61||$0.63||$1.24 billion||$1.23 billion||View||Listen|
|7/18/2013||Q2 2013||$0.58||$0.59||$1.22 billion||$1.23 billion||View||Listen|
|4/18/2013||Q1 2013||$0.53||$0.50||$1.20 billion||$1.18 billion||View||Listen|
|2/13/2013||Q4 2012||$0.54||$0.56||$1.18 billion||$1.18 billion||View||Listen|
Earnings Estimates for Sonoco Products Company (NYSE:SON)
2017 EPS Consensus Estimate: $2.70
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Sonoco Products Company (NYSE:SON)
|Most Recent Dividend:||9/8/2017|
|Dividend Growth:||5.90% (3 Year Average)|
|Payout Ratio:||59.09% (Trailing 12 Months of Earnings) |
56.73% (Based on This Year's Estimates)
51.66% (Based on Next Year's Estimates)
|Track Record:||36 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Sonoco Products Company (NYSE SON)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Sonoco Products Company (NYSE:SON)
Insider Ownership Percentage: 1.90%Insider Trades by Quarter for Sonoco Products Company (NYSE:SON)
Institutional Ownership Percentage: 72.45%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/21/2017||Marcy J Thompson||VP||Sell||940||$53.28||$50,083.20|| |
|3/20/2017||James A Harrell III||VP||Sell||556||$54.50||$30,302.00|| |
|2/28/2017||R. Howard Coker||SVP||Sell||9,691||$53.35||$517,014.85|| |
|1/25/2017||Roger P Schrum||VP||Sell||884||$55.00||$48,620.00|| |
|1/4/2017||Roger P Schrum||VP||Sell||808||$54.00||$43,632.00|| |
|11/7/2016||John E Linville||Director||Sell||54,000||$50.46||$2,724,840.00|| |
|11/7/2016||Kevin P Mahoney||SVP||Sell||212||$50.57||$10,720.84|| |
|10/26/2016||R. Howard Coker||VP||Sell||1,390||$49.65||$69,013.50|| |
|8/26/2016||Mancil J Sanders||CEO||Sell||16,254||$52.00||$845,208.00|| |
|8/4/2016||Edgar H Lawton III||Director||Sell||20,000||$51.08||$1,021,600.00|| |
|7/29/2016||Barry L Saunders||CFO||Sell||3,809||$51.09||$194,601.81|| |
|7/25/2016||Robert L Puechl||VP||Sell||1,389||$51.23||$71,158.47|| |
|7/22/2016||John E Linville||Director||Sell||33,746||$51.54||$1,739,268.84|| |
|7/22/2016||Vicki B Arthur||VP||Sell||1,721||$51.00||$87,771.00|| |
|7/1/2016||James A Harrell III||VP||Sell||1,000||$50.00||$50,000.00|| |
|6/30/2016||James A Harrell III||VP||Sell||1,000||$49.00||$49,000.00|| |
|6/6/2016||Marcy J Thompson||VP||Sell||533||$48.00||$25,584.00|| |
|5/31/2016||Barry L Saunders||CFO||Sell||9,009||$47.63||$429,098.67|| |
|5/31/2016||James A Harrell III||VP||Sell||2,048||$47.87||$98,037.76|| |
|4/27/2016||Vicki B Arthur||VP||Sell||4,000||$48.00||$192,000.00|| |
|4/22/2016||R. Howard Coker||VP||Sell||9,320||$47.49||$442,606.80|| |
|3/11/2016||Roger P Schrum||VP||Sell||1,283||$45.53||$58,414.99|| |
|3/3/2016||Roger P Schrum||VP||Sell||2,023||$45.00||$91,035.00|| |
|2/24/2016||Ritchie L Bond||VP||Sell||2,924||$42.22||$123,451.28|| |
|2/18/2016||Robert L. Puechl||VP||Sell||1,394||$42.23||$58,868.62|| |
|12/1/2015||James A Harrell III||VP||Sell||1,000||$44.50||$44,500.00|| |
|11/23/2015||James A Harrell III||VP||Sell||1,000||$43.50||$43,500.00|| |
|11/4/2015||James A. Harrell III||VP||Sell||2,531||$42.19||$106,782.89|| |
|5/19/2015||Marty F Pignone||VP||Sell||1,633||$46.45||$75,852.85|| |
|2/26/2015||Harris E Deloach Jr||Chairman||Sell||11,155||$47.50||$529,862.50|| |
|2/26/2015||R. Howard Coker||VP||Sell||3,932||$47.50||$186,770.00|| |
|2/24/2015||Barry L Saunders||CFO||Sell||13,666||$47.05||$642,985.30|| |
|2/24/2015||Mancil J Sanders||CEO||Sell||3,387||$46.85||$158,680.95|| |
|2/24/2015||Ritchie L Bond||VP||Sell||1,648||$46.84||$77,192.32|| |
|2/19/2015||Marc D Oken||Director||Buy||2,000||$47.00||$94,000.00|| |
|2/13/2015||R. Howard Coker||VP||Sell||6,954||$46.39||$322,596.06|| |
|2/12/2015||Vicki B Arthur||VP||Sell||1,971||$46.95||$92,538.45|| |
|2/10/2015||John M Colyer||VP||Sell||1,915||$46.34||$88,741.10|| |
|12/29/2014||Allan H Mcleland||VP||Sell||2,329||$44.60||$103,873.40|| |
|12/23/2014||Marty F Pignone||VP||Sell||2,570||$44.47||$114,287.90|| |
|12/19/2014||Rodger D Fuller||VP||Sell||4,719||$43.85||$206,928.15|| |
|11/25/2014||Robert L Puechl||VP||Sell||1,264||$41.95||$53,024.80|| |
|11/11/2014||Harris E Deloach Jr||Chairman||Sell||16,766||$41.62||$697,800.92|| |
|11/10/2014||Rodger D Fuller||VP||Sell||2,852||$41.95||$119,641.40|| |
|11/7/2014||Harris E Deloach Jr||Chairman||Sell||80,000||$41.14||$3,291,200.00|| |
|11/6/2014||Marty F Pignone||VP||Sell||2,766||$40.95||$113,267.70|| |
|8/26/2014||Mancil J Sanders||CEO||Sell||19,770||$40.50||$800,685.00|| |
|8/26/2014||Vicki B Arthur||VP||Sell||1,811||$40.66||$73,635.26|| |
|4/21/2014||John Colyer||VP||Sell||8,172||$42.03||$343,469.16|| |
|12/26/2013||Harris Deloach, Jr.||Chairman||Sell||40,690||$41.25||$1,678,462.50|| |
|12/26/2013||John Linville||Director||Sell||5,000||$41.21||$206,050.00|| |
|12/24/2013||Harris Deloach, Jr.||Chairman||Sell||149,310||$41.25||$6,159,037.50|| |
|10/28/2013||Pamela Lewis Davies||Director||Sell||5,000||$40.68||$203,400.00|| |
|10/25/2013||Harris E Deloach Jr||Chairman||Sell||2,810||$40.75||$114,507.50|| |
|10/23/2013||R. Howard Coker||VP||Sell||3,500||$40.69||$142,415.00|| |
|10/22/2013||Rodger D Fuller||VP||Sell||10,978||$40.25||$441,864.50|| |
|10/18/2013||Thomas E Whiddon||Director||Sell||2,410||$39.67||$95,604.70|| |
|10/18/2013||Vicki B Arthur||VP||Sell||2,020||$40.01||$80,820.20|| |
|10/17/2013||John M Colyer||VP||Sell||6,485||$40.00||$259,400.00|| |
|8/29/2013||Pamela Lewis Davies||Director||Sell||2,000||$38.10||$76,200.00|| |
|8/23/2013||Ritchie Bond||VP||Sell||2,709||$38.15||$103,348.35|| |
|8/6/2013||Marty Pignone||VP||Sell||10,985||$39.03||$428,744.55|| |
|8/5/2013||James Micali||Director||Sell||5,000||$39.21||$196,050.00|| |
|8/1/2013||Rodger Fuller||VP||Sell||1,305||$39.00||$50,895.00|| |
|7/31/2013||Robert C Tiede||VP||Sell||7,580||$38.52||$291,981.60|| |
|7/23/2013||R. Howard Coker||VP||Sell||1,817||$38.17||$69,354.89|| |
|7/22/2013||Robert L Puechl||VP||Sell||1,515||$38.50||$58,327.50|| |
|7/19/2013||James M Micali||Director||Sell||4,000||$36.59||$146,360.00|| |
|7/19/2013||Robert L Puechl||VP||Sell||3,977||$37.00||$147,149.00|| |
|7/11/2013||John M Colyer||VP||Sell||3,200||$36.13||$115,616.00|| |
|5/16/2013||Rodger D Fuller||VP||Sell||10,000||$35.50||$355,000.00|| |
|5/9/2013||Barry L Saunders||CFO||Sell||1,198||$35.41||$42,421.18|| |
|2/15/2013||James M Micali||Director||Sell||2,000||$32.39||$64,780.00|| |
|12/26/2012||Harris E Deloach Jr||CEO||Sell||9,100||$30.00||$273,000.00|| |
Headline Trends for Sonoco Products Company (NYSE:SON)
Latest Headlines for Sonoco Products Company (NYSE:SON)
Sonoco Products Company (SON) Chart for Monday, September, 25, 2017