NYSE:SON - Sonoco Products Stock Price, News, & Analysis

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$59.82 -0.69 (-1.14 %)
(As of 04/22/2019 02:49 PM ET)
Previous Close$60.51
Today's Range$59.65 - $60.80
52-Week Range$50.21 - $62.96
Volume15,894 shs
Average Volume460,336 shs
Market Capitalization$5.98 billion
P/E Ratio17.77
Dividend Yield2.71%
Beta1.01
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-assurance 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.

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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$5.7135 per share
Book Value$18.00 per share

Profitability

Net Income$313.56 million

Miscellaneous

Employees23,000
Market Cap$5.98 billion
Next Earnings Date7/18/2019 (Estimated)
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 Thursday, April 18th. Shareholders of record on Friday, May 10th will be given a dividend of $0.43 per share on Monday, June 10th. This represents a $1.72 annualized dividend and a yield of 2.87%. The ex-dividend date is Thursday, May 9th. This is a boost from Sonoco Products's previous quarterly dividend of $0.41. View Sonoco Products' Dividend History.

How were Sonoco Products' earnings last quarter?

Sonoco Products Co (NYSE:SON) announced its quarterly earnings data on Thursday, April, 18th. The industrial products company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.05. The industrial products company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.37 billion. Sonoco Products had a net margin of 5.76% and a return on equity of 19.57%. The business's quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the company earned $0.74 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, July 18th 2019. View Earnings Estimates for Sonoco Products.

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

Sonoco Products updated its FY19 earnings guidance on Thursday, April, 18th. The company provided earnings per share guidance of $3.52-3.62 for the period, compared to the Thomson Reuters consensus estimate of $3.52. Sonoco Products also updated its Q2 guidance to $0.93-0.99 EPS.

What price target have analysts set for SON?

4 analysts have issued 1-year price targets for Sonoco Products' shares. Their predictions range from $55.00 to $58.00. On average, they expect Sonoco Products' stock price to reach $56.6667 in the next year. This suggests that the stock has a possible downside of 5.4%. View Analyst Price Targets for Sonoco Products.

What is the consensus analysts' recommendation for Sonoco Products?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sonoco Products in the last year. There are currently 1 sell rating and 3 hold 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 don’t expect too many other covered companies to be in a position to raise guidance this year as SON just did, other than the possible exception of Berry Global (BERY) because of resin cost benefits. We are raising our 2019 adj. EPS estimate from $3.50 to $3.57 (at the midpoint of just- raised guidance of $3.52-$3.62) and our 2020 estimate from $3.50 to $3.57 (consensus is $3.69), both on higher margins. We reiterate our SW rating on valuation; SON is trading well above its historical averages on P/E and EV/EBITDA." (4/21/2019)
  • 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?

Headlines about SON stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sonoco Products earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned press coverage 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 effect on the stock's share price in the near term.

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 many different of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.34%), Rowland & Co. Investment Counsel ADV (0.06%), WESPAC Advisors LLC (0.05%), Carroll Financial Associates Inc. (0.05%), Fruth Investment Management (0.04%) and Manning & Napier Group LLC (0.03%). 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 Eqis Capital Management Inc., Manning & Napier Group LLC, Fruth Investment Management, Huntington National Bank, WESPAC Advisors LLC, Strs Ohio, First Hawaiian Bank and 6 Meridian. 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 acquired by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Rowland & Co. Investment Counsel ADV, W.E. Donoghue & Co. LLC, Brookstone Capital Management, Arbor Investment Advisors LLC, State of Alaska Department of Revenue, Mercer Global Advisors Inc. ADV and Pratt Collard Advisory Partners LLC. 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 $59.87.

How big of a company is Sonoco Products?

Sonoco Products has a market capitalization of $5.99 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.

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:  258 (Vote Outperform)
Underperform Votes:  551 (Vote Underperform)
Total Votes:  809
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 4/22/2019 by MarketBeat.com Staff

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