SON - Sonoco Products Company
Chart Events
Engulfing Line (Bearish)
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 52.25 |
| Open | 51.98 |
| Bid | 49.46 x 800 |
| Ask | 54.67 x 900 |
| Day's Range | 50.93 - 52.08 |
| 52 Week Range | 37.30 - 66.57 |
| Volume | 247,590 |
| Avg. Volume | 641,482 |
| Market Cap | 5.198B |
| Beta (5Y Monthly) | 0.82 |
| PE Ratio (TTM) | 17.56 |
| EPS (TTM) | 2.95 |
| Earnings Date | Jul 16, 2020 |
| Forward Dividend & Yield | 1.72 (3.29%) |
| Ex-Dividend Date | May 07, 2020 |
| 1y Target Est | 51.43 |
Fair Value
Related Research
- Zacks
Why Is Sonoco (SON) Down 4.9% Since Last Earnings Report?
Sonoco (SON) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
Here's Why You Should Hold Sonoco in Your Portfolio Now
With focus on productivity improvement, cost control and strong growth in consumer packaging business, Sonoco (SON) is worth retaining in the portfolio
- GlobeNewswire
Sonoco Implementing Price Increases for All Rigid Paper Containers and Closures
Sonoco (SON), one of the largest global diversified packaging companies, today announced it is increasing prices for all rigid paper containers and closures sold in North America by a minimum of 5.5 percent, effective with shipments on, and after, June 8, 2020. According to Ernest Haynes, Division Vice President and General Manager, Rigid Paper and Closures, North America, this price increase is necessary to recover rapidly rising costs for recycled paperboard, which is a primary raw material used to produce rigid paper containers. As an essential supplier during these unprecedented times, our primary focus, as is always the case, entails doing everything we can to make sure our customers have what they need to support their customers.
- GlobeNewswire
Sonoco-Alcore to Increase Prices for Tubes & Cores in Europe
BRUSSELS, April 30, 2020 -- Sonoco-Alcore S.a.r.l. today announced it will raise prices for paper-based tubes and cores by 8.0 percent, depending on product category, effective.
- GlobeNewswire
Sonoco-Alcore to Increase Paperboard Prices in Europe
BRUSSELS, April 30, 2020 -- Sonoco-Alcore S.a.r.l. today announced that it will introduce a price surcharge of €50 per tonne on all recycled paperboard grades sold in the.
- GlobeNewswire
Sonoco Completes Sale of Senior Notes
Sonoco (SON), one of the largest global diversified packaging companies, today announced that on April 22, 2020, it sold $600 million aggregate principal amount of new 3.125% senior unsecured notes maturing May 1, 2030. “We are very pleased with the solid execution and favorable interest rate for this bond offering, reflecting strong support received from fixed income investors,” said Julie Albrecht, Vice President and Chief Financial Officer. “This proactive bond financing, our first in nearly 10 years, increases our liquidity to a level that we believe enables us to more than meet our commitments, even in a prolonged coronavirus-induced downturn, as we continue to ensure the long-term financial health of Sonoco.”
- Moody's
Sonoco Products Company -- Moody's assigns Baa2 rating to Sonoco's new unsecured senior notes
Moody's Investors Service, ("Moody's") assigned a Baa2 rating to Sonoco Products Company's ("Sonoco") proposed $600 million senior unsecured notes. The company's credit profile is constrained by lower margins compared to other vertically-integrated investment-grade paper peers partially due to lower margins in the display and packaging business.
- Thomson Reuters StreetEvents
Edited Transcript of SON earnings conference call or presentation 16-Apr-20 3:00pm GMT
Q1 2020 Sonoco Products Co Earnings Call
- Zacks
Sonoco (SON) Beats on Q1 Earnings, Withdraws '20 Guidance
Sonoco's (SON) first-quarter earnings reflect productivity improvements and cost management amid the coronavirus-induced uncertainty.
- Zacks
Sonoco (SON) Announces Price Hikes to Counter Rising Costs
Sonoco (SON) announces price hikes for paperboard tubes and cores, and uncoated recycled paperboard to recover from rising input costs to sustain margins.
- Zacks
Sonoco (SON) Tops Q1 Earnings Estimates
Sonoco (SON) delivered earnings and revenue surprises of 11.90% and -4.40%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- Benzinga
Recap: Sonoco Products Q1 Earnings
Shares of Sonoco Products (NYSE:SON) rose 0.2% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were up 10.59% over the past year to $0.94, which beat the estimate of $0.83.Revenue of $1,303,000,000 less by 3.62% year over year, which missed the estimate of $1,360,000,000.Looking Ahead Q2 EPS expected between $0.73 and $0.83.Sonoco Products hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Feb 13, 2020View more earnings on SONTime: 07:04 AM ETWebcast URL: https://edge.media-server.com/mmc/p/dj6bi7hqPrice Action Company's 52-week high was at $66.57Company's 52-week low was at $37.30Price action over last quarter: down 14.30%Company Description Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 30 years.See more from Benzinga * Bed Bath & Beyond: Q4 Earnings Insights * Lakeland Industries: Q4 Earnings Insights * Price Over Earnings Overview: American Airlines Group(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- GlobeNewswire
Sonoco Reports First Quarter 2020 Results
HARTSVILLE, S.C., April 16, 2020 -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter ending.
- GlobeNewswire
Sonoco Implementing Price Increases for All Paperboard Tubes and Cores
Sonoco (SON) today announced it is increasing prices for all paperboard tubes and cores sold in the United States and Canada by a minimum of 8 percent, effective with shipments on and after Wednesday, May 13, 2020. According to Doug Schwartz, Division Vice President and General Manager, Tubes and Cores, U.S. and Canada, this price increase, which is the first announced change in nearly two years, is necessary to recover rising costs for recycled paperboard, which is the primary raw material used to produce tubes and cores. “Along with rising paper prices, we have experienced continued price escalation in other input costs, which are putting cost pressures on Sonoco that we are simply unable to absorb,” Schwartz said.
- GlobeNewswire
Sonoco Declares Regular Quarterly Common Stock Dividend
The Board of Directors of Sonoco (SON) today declared a $.43 per share quarterly common stock dividend. The dividend will be paid on June 10, 2020, to shareholders of record as of May 8, 2020. According to Howard Coker, president and chief executive officer, this is the 380th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders.
- GlobeNewswire
Sonoco Implementing Price Increase for Uncoated Recycled Paperboard
Sonoco (SON) today announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning May 13, 2020. According to Tim Davis, division vice president and general manager, Paper and Adhesives, U.S./Canada, it has been nearly two years since Sonoco’s last URB market price increase, and since that time the Company has experienced inflation on input costs such as starch and other papermaking chemicals, labor and fringes, repair costs and repair materials, and most recently significant increases in recycled fiber costs. “The cost to operate and maintain our paper machines continues to increase,” Davis said.
- GlobeNewswire
Sonoco to Invest $83 Million to Strengthen Uncoated Recycled Paperboard Mill System in U.S. and Canada
Sonoco (SON), one of the largest diversified global packaging companies, today announced that its Board of Directors has approved an $83 million investment to strengthen its uncoated recycled paperboard (URB) mill system in the United States and Canada. The majority of the investment includes transforming its Hartsville, S.C., corrugated medium machine (No. 10 machine) into a state-of-the-art URB machine with annual production capacity of approximately 180,000 tons. The new Hartsville machine will be designed with the goal of being the largest and lowest cost URB machine in the world, with the capability of producing a wide range of high-value paper grades to service Sonoco’s industrial and consumer converted products businesses and external trade customers.
- Zacks
Earnings Preview: Sonoco (SON) Q1 Earnings Expected to Decline
Sonoco (SON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Simply Wall St.
What You Must Know About Sonoco Products Company's (NYSE:SON) Beta Value
Anyone researching Sonoco Products Company (NYSE:SON) might want to consider the historical volatility of the share...
- GlobeNewswire
Sonoco Changes Annual Meeting Location
The Board of Directors of Sonoco (SON) today announced it is changing the location for the Company’s Annual Meeting of Shareholders scheduled for Wednesday, April 15, 2020, at 11 a.m. ET, from Center Theater, 212 North Fifth Street, Hartsville, S.C., to Sonoco’s Corporate Headquarters at 1 North Second Street, Hartsville. The meeting webcast will also be archived on the Investor Relations section of Sonoco’s website, and a telephonic replay will be available at 855-859-2056, Conference 9372537, from April 15 at 2 p.m. ET through April 22 at 2 p.m. ET.
- Zacks
Sonoco Rides on Cost Control, Buyouts Amid Coronavirus Fears
Sonoco (SON) is well poised to benefit from focus on optimizing businesses and cost control, and acquisitions despite the coronavirus related impact.
- Insider Monkey
Hedge Funds Have Never Been More Bullish On Sonoco Products Company (SON)
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- GlobeNewswire
New, 100% U.S. Sourced Sugarcane Fiber Bowl from Sonoco Answers Demand from Shoppers and Brands for More Sustainable Packaging Options
Sonoco (SON), recently named to Barron’s 100 Most Sustainable Companies, in partnership with Tellus®, a packaging company based in Belle Glade, Fla. and jointly owned by Florida Crystals Corporation and Sugar Cane Growers Cooperative of Florida, today announced the introduction of its first, 100% U.S. sourced, sugarcane-based fiber bowl for refrigerated, frozen and prepared foods. Branded as Natrellis™, the fiber bowl is dual-ovenable, PFAS-free, and provides an alternative to more traditional rigid plastic packages used by the majority of refrigerated and frozen food products on the market. “This new sugarcane-based package is further evidence of our commitment to developing more sustainable options for brands and consumers alike,” said Ernest Haynes, Sonoco division vice president and general manager, Rigid Paper and Closures, North America.
- Zacks
Sonoco (SON) Down 18.3% Since Last Earnings Report: Can It Rebound?
Sonoco (SON) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Simply Wall St.
Should You Or Shouldn't You: A Dividend Analysis on Sonoco Products Company (NYSE:SON)
Is Sonoco Products Company (NYSE:SON) a good dividend stock? How can we tell? Dividend paying companies with growing...
