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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Paperboard containers & boxes
Sub-IndustryPaper Packaging
SectorIndustrial Products
Current SymbolNYSE:SON
Previous Symbol
CUSIP83549510
Phone843-383-7000
Debt
Debt-to-Equity Ratio0.72
Current Ratio1.66
Quick Ratio1.19
Price-To-Earnings
Trailing P/E Ratio19.55
Forward P/E Ratio16.33
P/E Growth3.59
Sales & Book Value
Annual Sales$5.04 billion
Price / Sales1.08
Cash Flow$4.8915 per share
Price / Cash Flow11.15
Book Value$17.41 per share
Price / Book3.13
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 Shares99,810,000
Market Cap$5.59 billion
OptionableOptionable
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. Stockholders of record on Friday, November 9th will be paid a dividend of $0.41 per share on Monday, December 10th. This represents a $1.64 annualized dividend and a dividend yield of 3.01%. 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) posted its quarterly earnings results on Thursday, October, 18th. The industrial products company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.06. The industrial products company earned $1.36 billion during 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%. Sonoco Products's quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.76 EPS. View Sonoco Products' Earnings History.
When is Sonoco Products' next earnings date?
What guidance has Sonoco Products issued on next quarter's earnings?
Sonoco Products issued an update on its FY19 earnings guidance on Friday, December, 7th. The company provided EPS guidance of $3.47-3.57 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.51. Sonoco Products also updated its Q4 guidance to $0.75-0.85 EPS.
What price target have analysts set for SON?
6 brokerages have issued twelve-month price targets for Sonoco Products' stock. Their forecasts range from $55.00 to $59.00. On average, they expect Sonoco Products' stock price to reach $56.80 in the next year. This suggests a possible upside of 4.1% 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 5 hold ratings and 1 buy rating 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. 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." (12/17/2018)
- 2. 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)
Has Sonoco Products been receiving favorable news coverage?
News stories about SON stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sonoco Products earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.
Who are some of Sonoco Products' key competitors?
Some companies that are related to Sonoco Products include Komatsu (KMTUY), Parker-Hannifin (PH), ATLAS COPCO AB/S (ATLKY), Kubota (KUBTY), Rockwell Automation (ROK), ASSA ABLOY AB/S (ASAZY), Cintas (CTAS), Stanley Black & Decker (SWK), SANDVIK AB/ADR (SDVKY), Ball (BLL), W W Grainger (GWW), Ferguson (FERGY), Tenaris (TS), Xylem (XYL) and TORAY INDUSTRIE/ADR (TRYIY).
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 investors include BlackRock Inc. (11.02%), Vanguard Group Inc. (9.48%), Vanguard Group Inc (9.48%), American Century Companies Inc. (2.98%), Dimensional Fund Advisors LP (1.69%) and Bank of New York Mellon Corp (1.39%). 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 American Century Companies Inc., Janus Henderson Group PLC, AXA, Bessemer Group Inc., Prudential Financial Inc., WBI Investments Inc., Speece Thorson Capital Group Inc. and Pictet Asset Management Ltd.. 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, 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 purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Morgan Stanley, Dimensional Fund Advisors LP, Schroder Investment Management Group, Nordea Investment Management AB, JPMorgan Chase & Co., JPMorgan Chase & Co. and Vanguard Group Inc. 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 $54.54.
How big of a company is Sonoco Products?
Sonoco Products has a market capitalization of $5.59 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?
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)
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.
