Sonoco Products Company (SON)
Market Cap | 4.91B |
Revenue (ttm) | 6.57B |
Net Income (ttm) | 288.15M |
Shares Out | 98.26M |
EPS (ttm) | 2.91 |
PE Ratio | 17.16 |
Forward PE | 9.03 |
Dividend | $2.08 (4.16%) |
Ex-Dividend Date | Nov 8, 2024 |
Volume | 439,998 |
Open | 49.20 |
Previous Close | 49.19 |
Day's Range | 49.01 - 50.23 |
52-Week Range | 48.22 - 61.73 |
Beta | 0.68 |
Analysts | Buy |
Price Target | 58.00 (+16.07%) |
Earnings Date | Oct 31, 2024 |
About SON
Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products. The Indust... [Read more]
Financial Performance
In 2023, Sonoco Products Company's revenue was $6.78 billion, a decrease of -6.47% compared to the previous year's $7.25 billion. Earnings were $474.96 million, an increase of 1.83%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for SON stock is "Buy." The 12-month stock price forecast is $58.0, which is an increase of 16.07% from the latest price.
News
Top Dividend Aristocrats To Buy Now After The Trump Sweep
A potential 15% corporate tax rate could trigger a significant rally, similar to the 2017 euphoria, boosting S&P 500 earnings by 4%. Focus on undervalued, high-quality dividend aristocrats in consumer...
Sonoco Products Company (SON) Q3 2024 Earnings Call Transcript
Sonoco Products Company (NYSE:SON) Q3 2024 Earnings Call Transcript November 1, 2024 8:30 AM ET Company Participants Lisa Weeks - VP of IR Howard Coker - President and CEO Rob Dillard - CFO Rodger Fu...
Sonoco Reports Third Quarter 2024 Results
HARTSVILLE, S.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial...
Protect Your Retirement With 7% Yielding Dividend Aristocrats
The stock market is trading near record highs after a 22% rally that has many investors worried about an imminent correction. Goldman Sachs just predicted a lost decade for stocks, but the market is a...
Sonoco Declares Regular Quarterly Common Stock Dividend
HARTSVILLE, S.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on December ...
Sonoco Announces Pricing of $1.8 Billion of Senior Unsecured Notes
HARTSVILLE, S.C., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has p...
Sonoco Announces Review of Strategic Alternatives for the Thermoformed & Flexibles Packaging Business as Part of Further Portfolio Simplification
HARTSVILLE, S.C., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has i...
Wall Street's Most Accurate Analysts Spotlight On 3 Materials Stocks With Over 4% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Sonoco Products Company (SON) Q2 2024 Earnings Call Transcript
Sonoco Products Company (NYSE:SON) Q2 2024 Results Conference Call August 1, 2024 9:30 AM ET Company Participants Lisa Weeks - VP of Investor Relations & Corporate Affairs Howard Coker - President, C...
Sonoco Reports Second Quarter 2024 Results
HARTSVILLE, S.C., July 31, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today reported financial...
Paired Power Installs Resilient Off-Grid Solar Electric Vehicle Charger for Sonoco in South Carolina
HARTSVILLE, S.C.--(BUSINESS WIRE)--Today, Paired Power, a leading U.S. solar microgrid electric vehicle charger manufacturer announces its installation of its PairTree EV charger for Sonoco (NYSE: SON...
Sonoco To Report Second Quarter 2024 Results
HARTSVLLE, S.C., July 24, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), one of the largest global sustainable packaging companies, will announce second quart...
Sonoco Products: A Big Deal Creates Some Uncertainty
Sonoco Products Company's shares have come under pressure after a big acquisition, as a poor share price reaction prices-in a lot of bad news. The company has a long heritage, being founded in 1899, a...
Sonoco Products: Selloff Is Overdone, Buy To Lock In 4.2% Yield
The market is focusing solely on the potential negatives of the Eviosys acquisition while ignoring the accretive earnings forecast. Sonoco's investments in automation and operational efficiency underp...
Packaging firm Sonoco Products to buy Eviosys in $3.9 bln deal
Sonoco Products said on Monday it would buy European food cans maker Eviosys from private equity group KPS Capital Partners in a $3.9 billion deal, to expand its metal and aerosol packaging business.
Sonoco paying $3.9B for European food can company Eviosys
Sonoco Products Co. SON, -1.52% said Monday it agreed to pay $3.9 billion to KPS Capital Partners LP to buy Eviosys, a 6,300-employee food can and closure maker based in Europe. Sonoco said the transa...
KPS CAPITAL PARTNERS TO SELL EVIOSYS TO SONOCO FOR €3.615 BILLION
NEW YORK , June 24, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into an agreement for its portfolio company, Eviosys (the "Company"), to be sold to Sonoco...
Sonoco to Acquire Eviosys, Creating The World's Leading Metal Food Can and Aerosol Packaging Platform
Advances Sonoco's Shareholder Value Creation Strategy Through Disciplined and High Return Capital Investment Transaction Value of Approximately $3.9 Billion Represents a Multiple of 7.3x 2024 Expected...
Sonoco Implementing Price Increase for all Paperboard Converted Products in North America and Canada
HARTSVILLE, S.C., June 17, 2024 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it will raise the price for all converted paperboard products by a minimum of 6 percent, effective with shipments...
Sonoco Implementing Increase for Uncoated Recycled Paperboard in the U.S. and Canada
HARTSVILLE, S.C., June 10, 2024 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the Unite...
Sonoco-Alcore to Increase Tube & Core Prices in the EMEA Region
BRUSSELS, June 06, 2024 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. announced today that due to continued inflationary pressure on the business, it will raise prices by 7% on all tube and core grades s...
Sonoco To Implement Further Price Increase for Core Board and Paperboard in Europe
BRUSSELS, Belgium, June 04, 2024 (GLOBE NEWSWIRE) -- Following the announcement of 25th March 2024, Sonoco (NYSE: SON) today announced it is implementing a further price increase as input costs have c...
Sonoco Announces New, State-of-the-Art, Technical and Engineering Center for Metal Packaging Innovation
HARTSVILLE, S.C., May 30, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco”) (NYSE: SON), one of the largest sustainable global packaging companies, today announced the grand opening of a new...
Sonoco Announces Retirement of Diversified Business Leader
HARTSVILLE, S.C., May 14, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), one of the largest sustainable global packaging companies, today announced the upcom...
Sonoco ISCC PLUS Certification Promotes Flexible Packaging Circularity
HARTSVILLE, S.C., May 13, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE:SON), one of the largest global sustainable packaging companies, is pleased to announce tha...