Sonoco Products Company (SON)
NYSE: SON · Real-Time Price · USD
45.39
+0.38 (0.84%)
Apr 23, 2025, 4:00 PM EDT - Market closed
Sonoco Products Company Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Sonoco Products Company stock have an average target of 56.43, with a low estimate of 48 and a high estimate of 71. The average target predicts an increase of 24.32% from the current stock price of 45.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Sonoco Products Company stock from 7 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $54 → $50 | Buy | Maintains | $54 → $50 | +10.16% | Apr 22, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $60 → $54 | Strong Buy | Maintains | $60 → $54 | +18.97% | Apr 22, 2025 |
| Jefferies | Jefferies | Strong Buy Initiates $62 | Strong Buy | Initiates | $62 | +36.59% | Apr 22, 2025 |
| Wells Fargo | Wells Fargo | Sell Maintains $50 → $48 | Sell | Maintains | $50 → $48 | +5.75% | Feb 24, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $68 → $60 | Strong Buy | Maintains | $68 → $60 | +32.19% | Feb 21, 2025 |
Financial Forecast
Revenue This Year
7.89B
from 5.31B
Increased by 48.74%
Revenue Next Year
7.93B
from 7.89B
Increased by 0.46%
EPS This Year
5.94
from 1.65
Increased by 260.44%
EPS Next Year
6.36
from 5.94
Increased by 7.08%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 8.5B | 8.6B | 8.9B | ||
| Avg | 7.9B | 7.9B | 8.3B | ||
| Low | 7.4B | 7.2B | 7.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 60.8% | 9.4% | 12.3% | ||
| Avg | 48.7% | 0.5% | 4.8% | ||
| Low | 38.8% | -8.9% | -2.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.41 | 7.04 | 7.61 | ||
| Avg | 5.94 | 6.36 | 6.45 | ||
| Low | 5.44 | 5.68 | 5.17 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 288.4% | 18.4% | 19.6% | ||
| Avg | 260.4% | 7.1% | 1.3% | ||
| Low | 229.9% | -4.4% | -18.7% |
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.