Sonoco Products Co [SON] stock is trading at $47.24, up 1.16%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SON shares have gain 1.05% over the last week, with a monthly amount drifted -1.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sonoco Products Co [NYSE: SON] stock has seen the most recent analyst activity on November 26, 2024, when Truist initiated its Buy rating and assigned the stock a price target of $63. Previously, Wells Fargo downgraded its rating to Underweight on August 21, 2024, and dropped its price target to $52. On July 19, 2024, Raymond James initiated with a Outperform rating and assigned a price target of $62 on the stock. Argus downgraded its rating to a Hold. Seaport Research Partners upgraded its rating to a Buy but $65 remained the price target by the analyst firm on March 20, 2023. Argus upgraded its rating to Buy for this stock on February 14, 2023, but kept the price target unchanged to $67. In a note dated October 31, 2022, BMO Capital Markets downgraded an Underperform rating on this stock and revised its target price from $65 to $58.
Sonoco Products Co [SON] stock has fluctuated between $44.35 and $61.73 over the past year. Currently, Wall Street analysts expect the stock to reach $55 within the next 12 months. Sonoco Products Co [NYSE: SON] shares were valued at $47.24 at the most recent close of the market. An investor can expect a potential return of 16.43% based on the average SON price forecast.
Analyzing the SON fundamentals
Sonoco Products Co [NYSE:SON] reported sales of 6.30B for the trailing twelve months, which represents a drop of -16.37%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.01.
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 46.57 points at the first support level, and at 45.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.74, and for the 2nd resistance point, it is at 48.24.
Ratios To Look Out For
For context, Sonoco Products Co’s Current Ratio is 0.79. Further, the Quick Ratio stands at 0.54, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 0.74, the price to book ratio is 2.04 and price to earnings (TTM) ratio is 28.66.
Transactions by insiders
Recent insider trading involved Coker R. Howard, President & CEO, that happened on Mar 13 ’25 when 20000.0 shares were purchased. Director, Haley John R completed a deal on Feb 27 ’25 to buy 3000.0 shares. Meanwhile, Officer Haynes Ernest D III bought 2453.0 shares on Feb 26 ’25.
