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

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$56.00 -0.09 (-0.16 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$56.00
Today's Range$55.74 - $56.49
52-Week Range$46.55 - $58.69
Volume248,397 shs
Average Volume347,578 shs
Market Capitalization$5.60 billion
P/E Ratio20.07
Dividend Yield2.92%
Beta1
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.

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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 Ratio20.07
Forward P/E Ratio16.77
P/E Growth3.6

Sales & Book Value

Annual Sales$5.04 billion
Price / Sales1.11
Cash Flow$5.0179 per share
Price / Cash Flow11.16
Book Value$17.41 per share
Price / Book3.22

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$5.60 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 announced a quarterly dividend on Monday, October 15th. Investors of record on Friday, November 9th will be given a dividend of $0.41 per share on Monday, December 10th. This represents a $1.64 annualized dividend and a yield of 2.93%. 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) issued its quarterly earnings data on Thursday, October, 18th. The industrial products company reported $0.86 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.80 by $0.06. The industrial products company had revenue of $1.36 billion for 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%. The company's revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.76 EPS. 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, February 21st 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 Friday, December, 7th. The company provided earnings per share (EPS) guidance of $3.47-3.57 for the period, compared to the Thomson Reuters consensus 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 analysts have issued 12-month target prices for Sonoco Products' stock. Their forecasts range from $55.00 to $59.00. On average, they anticipate Sonoco Products' share price to reach $56.80 in the next twelve months. This suggests a possible upside of 1.4% 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%. For fiscal 2019, Sonoco estimates earnings per share at $3.47-$3.57. The company will gain from acquisitions, development of new products and optimizing businesses through process improvement, standardization and cost control. Sonoco is also poised to gain from pricing initiatives and its strong balance sheet position. The company has a positive record of earnings surpises over the last few quarters. " (12/12/2018)
  • 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 coverage about SON stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing 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 nearest to five being the most favorable. Sonoco Products earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Sonoco Products' key competitors?

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 many different of institutional and retail investors. Top institutional shareholders 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 bought 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 $56.00.

How big of a company is Sonoco Products?

Sonoco Products has a market capitalization of $5.60 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?

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:  240 (Vote Outperform)
Underperform Votes:  527 (Vote Underperform)
Total Votes:  767
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 12/15/2018 by MarketBeat.com Staff

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