Sonoco Products Co (NYSE: SON) is -2.09% lower on its value in year-to-date trading and has touched a low of $44.35 and a high of $61.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SON stock was last observed hovering at around $48.39 in the last trading session, with the day’s loss setting it -0.56%.
Currently trading at $47.83, the stock is 2.18% and 1.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -1.16% at the moment leaves the stock -6.61% off its SMA200. SON registered -14.42% loss for a year compared to 6-month loss of -14.10%. The firm has a 50-day simple moving average (SMA 50) of $47.3116 and a 200-day simple moving average (SMA200) of $51.21285.
The stock witnessed a 3.13% gain in the last 1 month and extending the period to 3 months gives it a -7.14%, and is 6.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.22% over the week and 2.49% over the month.
Sonoco Products Co (SON) has around 28000 employees, a market worth around $4.72B and $6.30B in sales. Current P/E ratio is 29.02 and Fwd P/E is 7.47. Profit margin for the company is 2.60%. Distance from 52-week low is 7.83% and -22.52% from its 52-week high. The company has generated returns on investments over the last 12 months (2.18%).
with sales reaching $2.02B over the same period.The EPS is expected to grow by 21.76% this year, but quarterly earnings will post 47.54% year-over-year. Quarterly sales are estimated to grow 23.22% in year-over-year returns.
589.0 institutions hold shares in Sonoco Products Co (SON), with institutional investors hold 82.96% of the company’s shares. The shares outstanding are 98.26M, and float is at 97.53M with Short Float at 3.41%. Institutions hold 82.21% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.92 million shares valued at $553.64 million. The investor’s holdings represent 11.1096 of the SON Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.87 million shares valued at $551.33 million to account for 11.063 of the shares outstanding. The other top investors are STATE STREET CORP which holds 4.47 million shares representing 4.5469 and valued at over $226.59 million, while AMERICAN CENTURY COMPANIES INC holds 2.9611 of the shares totaling 2.92 million with a market value of $148.19 million.
Sonoco Products Co (SON) Insider Activity
The most recent transaction is an insider purchase by Coker R. Howard, the company’s President & CEO. SEC filings show that Coker R. Howard bought 20,000 shares of the company’s common stock on Mar 13 ’25 at a price of $46.10 per share for a total of $0.92 million. Following the purchase, the insider now owns 0.48 million shares.
Sonoco Products Co disclosed in a document filed with the SEC on Feb 27 ’25 that Haley John R (Director) bought a total of 3,000 shares of the company’s common stock. The trade occurred on Feb 27 ’25 and was made at $46.76 per share for $0.14 million. Following the transaction, the insider now directly holds 18558.0 shares of the SON stock.
Still, SEC filings show that on Feb 26 ’25, Haynes Ernest D III (Officer) Proposed Sale 2,453 shares at an average price of $47.09 for $0.12 million. The insider now directly holds shares of Sonoco Products Co (SON).
