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Sonoco Products (SON)
NYSE:SON
Holding SON?
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SON Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$48.22 - $61.73
Previous Close$55.62
Volume578.21K
Average Volume (3M)842.00K
Market Cap
$5.47B
Enterprise Value$8.63B
Total Cash (Recent Filing)$140.23M
Total Debt (Recent Filing)$3.29B
Price to Earnings (P/E)15.0
Beta0.80
Next Earnings
Oct 17, 2024EPS Estimate
$1.46Last Dividend Ex-Date
Aug 09, 2024Dividend Yield3.74%
Share Statistics
EPS (TTM)3.71
Shares Outstanding98,257,749
10 Day Avg. Volume577,074
30 Day Avg. Volume841,996
Standard Deviation0.06
R-Squared0.36
Alpha-0.00414
Financial Highlights & Ratios
Price to Book (P/B)2.25
Price to Sales (P/S)0.83
Price to Cash Flow (P/CF)12.40
P/FCF Ratio34.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.31
Enterprise Value/Gross Profit6.01
Enterprise Value/Ebitda18.47
Forecast
1Y Price Target
$59.67Price Target Upside7.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Sonoco Products News
PremiumCompany Announcements
Sonoco Products’ Strategic Senior Notes Issuance Completed
PremiumCompany Announcements
Sonoco Products Secures Loan and Preps for Eviosys AcquisitionBulls Say, Bears Say
Bulls Say
Acquisition StrategySonoco Products announced that it has launched a review of strategic alternatives for its Thermoformed & Flexible Packaging (TFP) business, designed to improve its pro-forma leverage, accelerate its portfolio simplification strategy, and increase shareholder value.
Financial PerformanceSonoco Products reported diluted 2Q24 EPS of $1.28—modestly above consensus ($1.24) and versus $1.38 generated during the 2Q23 quarter.
Strategic ReviewThe announced expansion of the company’s strategic review process to include its Thermoformed & Flexibles Packaging business does add clarity on the potential sources of funding.
Bears Say
Financial PerformanceThe divestiture continues to bring uncertainty towards SON's long-term strategy to reduce leverage and return to mid-to-high teens overall margins.
Market ConditionsIncreased consolidation in the confectionary/snack industry creates uncertainty into 2025.
Transaction RisksA high level of execution prowess will be required to capitalize on the announced transactions, with the ultimate divestiture proceeds and the ability to integrate new businesses still up in the air.
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Ownership Overview
4.00% Insiders
26.43% Mutual Funds
45.96% Other Institutional Investors
23.60% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SON FAQ
What was Sonoco Products’s price range in the past 12 months?
Sonoco Products lowest stock price was $48.22 and its highest was $61.73 in the past 12 months.
What is Sonoco Products’s market cap?
Currently, no data Available
When is Sonoco Products’s upcoming earnings report date?
Sonoco Products’s upcoming earnings report date is Oct 17, 2024 which is in 27 days.
How were Sonoco Products’s earnings last quarter?
Sonoco Products released its earnings results on Jul 31, 2024. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.237 by $0.043.
Is Sonoco Products overvalued?
According to Wall Street analysts Sonoco Products’s price is currently Undervalued.
Does Sonoco Products pay dividends?
Sonoco Products pays a Quarterly dividend of $0.52 which represents an annual dividend yield of 3.74%. See more information on Sonoco Products dividends here
What is Sonoco Products’s EPS estimate?
Sonoco Products’s EPS estimate is $1.46.
How many shares outstanding does Sonoco Products have?
Sonoco Products has 98,257,750 shares outstanding.
What happened to Sonoco Products’s price movement after its last earnings report?
Sonoco Products reported an EPS of $1.28 in its last earnings report, beating expectations of $1.237. Following the earnings report the stock price went down -2.306%.
Which hedge fund is a major shareholder of Sonoco Products?
Among the largest hedge funds holding Sonoco Products’s share is Gamco Investors, Inc. ET AL. It holds Sonoco Products’s shares valued at 8M.
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Sonoco Products Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$59.67 (7.17% Upside)
$59.67 (7.17% Upside)
Blogger Sentiment
Bullish
SON Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 90.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
3.93%
12-Months-Change
Fundamentals
Return on Equity
15.57%
Trailing 12-Months
Asset Growth
1.50%
Trailing 12-Months
Company Description
Sonoco Products
Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and provides packaging services. It operates through the following segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. The Consumer Packaging segment offers round composite cans, shaped rigid paperboard containers, fiber and plastic caulk/adhesive tubes, aluminum, steel and peelable membrane easy-open closures for composite and metal cans; thermoformed rigid plastic trays, cups and bowls; injection molded containers, spools and parts; high-barrier flexible and forming plastic packaging films, modified atmosphere packaging, lidding films, printed flexible packaging, rotogravure cylinder engraving, global brand management. The Display and Packaging segment consists of point-of-purchase displays; custom packaging; retail packaging, including printed backer cards, thermoformed blisters and heat sealing equipment; fulfillment; primary package filling; supply chain management; paperboard specialties. The Paper and Industrial Converted Products segment includes recycled paperboard, chipboard, tubeboard, lightweight corestock, boxboard, linerboard, corrugating medium, specialty grades; paperboard tubes and cores, molded plugs, reels; collection, processing and recycling of old corrugated containers, paper, plastics, metal, glass and other recyclable materials. The Protective Solutions segment provides custom-engineered, paperboard-based and expanded foam protective packaging and components; temperature-assured packaging. The company was founded by James Lide Coker on May 10, 1899 and is headquartered at Hartsville, SC.
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SON Company Deck
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SON Earnings Call
Q2 2024
0:00 / 0:00
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SON Stock 12 Month Forecast
Average Price Target
$59.67
▲(7.17% Upside)
Technical Analysis
Best Analysts Covering SON
1 Year
1 Year Success Rate
6/11 ratings generated profit
1 Year Average Return
+1.08%
reiterated a buy rating 2 months ago
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