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

$57.97
-0.12 (-0.21 %)
(As of 09/23/2019 02:58 AM ET)
Today's Range
$57.96
Now: $57.97
$58.74
50-Day Range
$55.85
MA: $57.63
$59.46
52-Week Range
$50.30
Now: $57.97
$66.57
Volume709,167 shs
Average Volume344,850 shs
Market Capitalization$5.80 billion
P/E Ratio17.20
Dividend Yield2.96%
Beta0.9
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$5.7682 per share
Book Value$17.76 per share

Profitability

Net Income$313.56 million

Miscellaneous

Employees23,000
Market Cap$5.80 billion
Next Earnings Date10/17/2019 (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 declared a quarterly dividend on Monday, July 15th. Stockholders of record on Friday, August 9th will be given a dividend of $0.43 per share on Tuesday, September 10th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date is Thursday, August 8th. View Sonoco Products' Dividend History.

How were Sonoco Products' earnings last quarter?

Sonoco Products Co (NYSE:SON) released its earnings results on Thursday, July, 18th. The industrial products company reported $0.95 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.97 by $0.02. The industrial products company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.42 billion. Sonoco Products had a return on equity of 19.55% and a net margin of 5.61%. The company's quarterly revenue was down .5% compared to the same quarter last year. During the same period last year, the firm earned $0.93 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, October 17th 2019. View Earnings Estimates for Sonoco Products.

How can I listen to Sonoco Products' earnings call?

Sonoco Products will be holding an earnings conference call on Thursday, October 17th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Sonoco Products updated its FY19 earnings guidance on Thursday, July, 18th. The company provided earnings per share (EPS) guidance of $3.52-3.62 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.58.

What price target have analysts set for SON?

8 brokerages have issued 12 month price objectives for Sonoco Products' shares. Their forecasts range from $56.00 to $70.00. On average, they anticipate Sonoco Products' stock price to reach $62.20 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Sonoco Products.

What is the consensus analysts' recommendation for Sonoco Products?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonoco Products in the last year. There are currently 4 sell ratings, 2 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 somewhat negative on Monday, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Sonoco Products.

Are investors shorting Sonoco Products?

Sonoco Products saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 3,311,100 shares, a decrease of 7.9% from the July 31st total of 3,595,000 shares. Based on an average daily volume of 452,000 shares, the days-to-cover ratio is presently 7.3 days. Currently, 3.4% of the company's stock are short sold. View Sonoco Products' Current Options Chain.

Who are some of Sonoco Products' key competitors?

What other stocks do shareholders of Sonoco Products own?

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 BlackRock Inc. (11.50%), BlackRock Inc. (11.50%), Vanguard Group Inc. (10.67%), Invesco Ltd. (4.27%), Bank of America Corp DE (2.16%) and APG Asset Management N.V. (1.96%). 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 major investors are selling Sonoco Products stock?

SON stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Schroder Investment Management Group, Royal Bank of Canada, Pictet Asset Management Ltd., Pictet Asset Management Ltd., Victory Capital Management Inc., Kayne Anderson Rudnick Investment Management LLC and Janus Henderson Group PLC. 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 and Roger P Schrum. View Insider Buying and Selling for Sonoco Products.

Which major investors are buying Sonoco Products stock?

SON stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Invesco Ltd., Nuveen Asset Management LLC, BlackRock Inc., BlackRock Inc., Wells Fargo & Company MN, Rothschild & Co. Asset Management US Inc. and Allianz Asset Management GmbH. 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 $57.97.

How big of a company is Sonoco Products?

Sonoco Products has a market capitalization of $5.80 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:  1.6 out of 5 (star)
Outperform Votes:  283 (Vote Outperform)
Underperform Votes:  579 (Vote Underperform)
Total Votes:  862
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 9/23/2019 by MarketBeat.com Staff

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