Sonoco Products Company (SON)
NYSE: SON · Real-Time Price · USD
46.83
+0.59 (1.28%)
Feb 21, 2025, 4:00 PM EST - Market closed
Sonoco Products Company Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Sonoco Products Company stock have an average target of 60.17, with a low estimate of 50 and a high estimate of 71. The average target predicts an increase of 28.49% from the current stock price of 46.83.
Analyst Consensus: Buy
* Price targets were last updated on Jan 6, 2025.
Analyst Ratings
The average analyst rating for Sonoco Products Company stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $59 → $55 | Strong Buy | Maintains | $59 → $55 | +17.45% | Jan 6, 2025 |
| B of A Securities | B of A Securities | Strong Buy Maintains $66 → $71 | Strong Buy | Maintains | $66 → $71 | +51.61% | Jan 6, 2025 |
| Wells Fargo | Wells Fargo | Sell Maintains $52 → $50 | Sell | Maintains | $52 → $50 | +6.77% | Jan 6, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $63 → $68 | Strong Buy | Maintains | $63 → $68 | +45.21% | Jan 6, 2025 |
| Truist Securities | Truist Securities | Strong Buy Initiates $63 | Strong Buy | Initiates | $63 | +34.53% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
6.67B
from 6.78B
Decreased by -1.69%
Revenue Next Year
8.11B
from 6.67B
Increased by 21.58%
EPS This Year
5.15
from 4.80
Increased by 7.31%
EPS Next Year
6.12
from 5.15
Increased by 18.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2028 |
|---|---|---|---|---|
| High | 7.0B | 10.1B | 9.7B | |
| Avg | 6.7B | 8.1B | 8.4B | |
| Low | 6.4B | 6.4B | 6.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2028 |
|---|---|---|---|---|
| High | 3.9% | 51.3% | 19.6% | |
| Avg | -1.7% | 21.6% | 3.7% | |
| Low | -6.1% | -4.2% | -19.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2028 |
|---|---|---|---|---|
| High | 5.46 | 7.87 | 8.46 | |
| Avg | 5.15 | 6.12 | 6.73 | |
| Low | 4.90 | 5.15 | 5.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2028 |
|---|---|---|---|---|
| High | 13.8% | 52.8% | 38.2% | |
| Avg | 7.3% | 18.8% | 10.0% | |
| Low | 2.1% | -0.1% | -7.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.