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 - NEC
- Sub-Industry: Paper Packaging
- Symbol: NYSE:SON
- CUSIP: 83549510
- Web: www.sonoco.com
- Market Cap: $5.27594 billion
- Outstanding Shares: 99,384,000
- 50 Day Moving Avg: $51.29
- 200 Day Moving Avg: $52.53
- 52 Week Range: $49.50 - $55.58
Sales & Book Value:
- Trailing P/E Ratio: 18.81
- Foreward P/E Ratio: 17.25
- P/E Growth: 3.81
- Annual Revenue: $4.73 billion
- Price / Sales: 1.09
- Book Value: $15.95 per share
- Price / Book: 3.25
- Annual Dividend: $1.56
- Dividend Yield: 2.9%
- EBIDTA: $623.7 million
- Net Margins: 5.93%
- Return on Equity: 17.10%
- Return on Assets: 6.71%
- Debt-to-Equity Ratio: 0.73%
- Current Ratio: 1.58%
- Quick Ratio: 1.09%
- Average Volume: 481,602 shs.
- Beta: 1.14
- Short Ratio: 10.16
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. Stockholders of record on Friday, August 11th will be paid a dividend of $0.39 per share on Friday, September 8th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date 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) announced its quarterly earnings data on Thursday, July, 20th. The company reported $0.71 earnings per share for the quarter, meeting analysts' consensus estimates of $0.71. The business earned $1.24 billion during the quarter, compared to analyst estimates of $1.22 billion. Sonoco Products Company had a return on equity of 17.10% and a net margin of 5.93%. The business's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the company posted $0.73 EPS. View Sonoco Products Company's Earnings History.
What guidance has Sonoco Products Company issued on next quarter's earnings?
Sonoco Products Company issued an update on 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 EPS 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?
11 brokers have issued twelve-month price targets for Sonoco Products Company's shares. Their forecasts range from $42.00 to $60.00. On average, they expect Sonoco Products Company's stock price to reach $49.00 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, "Sonoco's 2017 earnings per share guidance range of $2.73–$2.83 includes a targeted gain of $0.07 per share from acquisitions, including Peninsula Packaging. The Peninsula Packaging acquisition will nearly double Sonoco’s thermoforming business. Sonoco has implemented price increases that will help offset the increased raw material costs. Sonoco remains focused on accelerating organic growth, improving manufacturing productivity and gaining market share. Sonoco has a positve record of earnings surprises in the past few quarters. Sonoco remains committed to executing on its ‘Grow and Optimize’ strategy, which is focused on targeted growth of its Consumer Packaging and Protective Solutions businesses and optimizing its industrial-focused businesses." (6/22/2017)
- 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 Fortune Brands Home & Security (FBHS), Xylem (XYL), Smith (A.O.) Corporation (AOS), AB SKF (SKFRY), W.W. Grainger (GWW), Sealed Air Corporation (SEE), IDEX Corporation (IEX), Avery Dennison Corporation (AVY), Crown Holdings (CCK), Allegion PLC (ALLE), BPC Acquisition Corp (BERY), The Middleby Corporation (MIDD), Nordson Corporation (NDSN), Alcoa Corp. (AA), Hubbell (HUBB), HD Supply Holdings (HDS), Lincoln Electric Holdings (LECO) and Donaldson Company (DCI).
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 many different of retail and institutional investors. Top institutional shareholders include Sabal Trust CO (0.46%), James Investment Research Inc. (0.29%), First Quadrant L P CA (0.27%), Gateway Investment Advisers LLC (0.18%), Aperio Group LLC (0.07%) and Livforsakringsbolaget Skandia Omsesidigt (0.06%). 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 James Investment Research Inc., Aperio Group LLC, Nisa Investment Advisors LLC, Manning & Napier Advisors LLC, CHURCHILL MANAGEMENT Corp, Clean Yield Group, NN Investment Partners Holdings N.V. and Meeder Asset Management Inc.. Company insiders that have sold Sonoco Products Company stock in the last year 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, Robert L Puechl, Roger P Schrum and Vicki B Arthur. 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 acquired by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Sabal Trust CO, Visionary Asset Management Inc., Oregon Public Employees Retirement Fund, LS Investment Advisors LLC, Louisiana State Employees Retirement System, State Treasurer State of Michigan and Curbstone Financial Management Corp. 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 $51.76.
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: ||3 Sell Ratings, 6 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 1.91)|
|Consensus Price Target: ||$49.00 (5.33% downside)|
Analysts' Ratings History for Sonoco Products Company (NYSE:SON)
(Data available from 7/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/21/2017||Vertical Research||Reiterated Rating||Hold -> Sell||Medium|
|7/19/2017||Robert W. Baird||Upgrade||Neutral -> Outperform||$55.00 -> $60.00||High|
|6/28/2017||Jefferies Group LLC||Reiterated Rating||Hold -> Neutral||Low|
|4/21/2017||DA Davidson||Upgrade||Underperform -> Neutral||$48.00 -> $54.00||Low|
|4/14/2017||Barclays PLC||Reiterated Rating||Overweight||N/A|
|12/9/2016||Argus||Downgrade||Buy -> Hold||N/A|
|10/3/2016||Bank of America Corporation||Downgrade||Neutral -> Underperform||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)
|Dividend Growth:||5.90% (3 Year Average)|
|Payout Ratio:||56.52% (Trailing 12 Months of Earnings) |
56.12% (Based on This Year's Estimates)
52.00% (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: 74.12%
(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 Friday, July, 21, 2017