The price-to-earnings ratio for Sonoco Products Co (NYSE: SON) is 16.94x, which is above its average ratio. Moreover, the 36-month beta value for SON is 0.66. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for SON is 97.33M and currently, short sellers hold a 1.80% of that float. On December 27, 2024, SON’s average trading volume was 644.20K shares.
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SON) stock’s latest price update
The stock price of Sonoco Products Co (NYSE: SON) has dropped by -0.67 compared to previous close of 49.53. Despite this, the company has seen a gain of 0.29% in its stock price over the last five trading days. zacks.com reported 2024-12-19 that SON inks sell agreement of its TFP Business for $1.8 billion to focus on core businesses and lower debt levels.
SON’s Market Performance
Sonoco Products Co (SON) has seen a 0.29% rise in stock performance for the week, with a -5.24% decline in the past month and a -9.46% plunge in the past quarter. The volatility ratio for the week is 2.22%, and the volatility levels for the past 30 days are at 2.00% for SON. The simple moving average for the last 20 days is -3.53% for SON’s stock, with a simple moving average of -9.14% for the last 200 days.
Analysts’ Opinion of SON
Many brokerage firms have already submitted their reports for SON stocks, with Truist repeating the rating for SON by listing it as a “Buy.” The predicted price for SON in the upcoming period, according to Truist is $63 based on the research report published on November 26, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see SON reach a price target of $52, previously predicting the price at $54. The rating they have provided for SON stocks is “Underweight” according to the report published on August 21st, 2024.
Raymond James gave a rating of “Outperform” to SON, setting the target price at $62 in the report published on July 19th of the current year.
SON Trading at -4.14% from the 50-Day Moving Average
After a stumble in the market that brought SON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.30% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 2.22%, as shares sank -4.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.37% lower at present.
During the last 5 trading sessions, SON rose by +0.29%, which changed the moving average for the period of 200-days by -14.63% in comparison to the 20-day moving average, which settled at $51.00. In addition, Sonoco Products Co saw -11.94% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SON starting from Florence John M, who sale 13,660 shares at the price of $51.20 back on Nov 04 ’24. After this action, Florence John M now owns 7,052 shares of Sonoco Products Co, valued at $699,399 using the latest closing price.
Florence John M, the Officer of Sonoco Products Co, proposed sale 13,660 shares at $51.10 during a trade that took place back on Nov 04 ’24, which means that Florence John M is holding shares at $698,034 based on the most recent closing price.
Stock Fundamentals for SON
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.21 for the gross margin
The net margin for Sonoco Products Co stands at 0.04. The total capital return value is set at 0.08. Equity return is now at value 11.98, with 3.53 for asset returns.
Based on Sonoco Products Co (SON), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.94. The interest coverage ratio of the stock is 3.83.
Currently, EBITDA for the company is 1.09 billion with net debt to EBITDA at 3.3. When we switch over and look at the enterprise to sales, we see a ratio of 1.21. The receivables turnover for the company is 5.7for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.36.
Conclusion
To wrap up, the performance of Sonoco Products Co (SON) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
