A share price of Sonoco Products Co. [SON] is currently trading at $54.89, up 0.42%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SON shares have gain 3.62% over the last week, with a monthly amount drifted -1.31%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Sonoco Products Co. [NYSE: SON] stock has seen the most recent analyst activity on August 21, 2024, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $52 from $54. Previously, Raymond James started tracking the stock with Outperform rating on July 19, 2024, and set its price target to $62. On August 03, 2023, downgrade downgraded it’s rating to Hold. Seaport Research Partners upgraded its rating to a Buy but stick to its price target of $65 on March 20, 2023. Argus upgraded its rating to a Buy but $67 remained the price target by the analyst firm on February 14, 2023. BMO Capital Markets downgraded its rating to Underperform for this stock on October 31, 2022, and downed its price target to $58. In a note dated October 13, 2022, BofA Securities upgraded an Buy rating on this stock but restated the target price of $76.
Sonoco Products Co. experienced fluctuations in its stock price throughout the past year between $48.22 and $61.73. Currently, Wall Street analysts expect the stock to reach $70.17 within the next 12 months. Sonoco Products Co. [NYSE: SON] shares were valued at $54.89 at the most recent close of the market. An investor can expect a potential return of 27.84% based on the average SON price forecast.
Analyzing the SON fundamentals
Trailing Twelve Months sales for Sonoco Products Co. [NYSE:SON] were 6.60B which represents -4.67% decline. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.15 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.24.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.58 points at the first support level, and at 54.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.20, and for the 2nd resistance point, it is at 55.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sonoco Products Co. [NYSE:SON] is 1.30. In addition, the Quick Ratio stands at 0.85 and the Cash Ratio stands at 0.09. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 2.22 and price to earnings (TTM) ratio is 14.78.
Transactions by insiders
Recent insider trading involved Tomaszewski Jeffrey S, Former Officer, that happened on Sep 13 ’24 when 6200.0 shares were purchased. VP Paper&Ind Converted Prod, Wood Adam completed a deal on Mar 06 ’24 to sell 537.0 shares. Meanwhile, Pres Global Flexible Packaging Grissett Russell K sold 2039.0 shares on Feb 28 ’24.
