Sonoco (SON)
(Real Time Quote from BATS)
$54.92 USD
+0.63 (1.16%)
Updated Sep 24, 2024 10:14 AM ET
2-Buy of 5 2
A Value B Growth B Momentum A VGM
Company Summary
Incorporated in 1899, Hartsville, SC-based Sonoco Products is a leading provider of consumer packaging, industrial products, protective packaging and packaging supply chain services. The company manufactures paperboard, primarily from recycled materials, for both internal use and open market sale.
The company reports its results in two segments: Consumer Packaging and Industrial Paper Packaging. Remaining businesses are presented in an All Other group.
Consumer Packaging primarily serves processed and fresh food markets along with other packaging for direct-to-consumer products. It makes round and shaped rigid paper containers; two- and three-piece steel tinplate cans and ...
Company Summary
Incorporated in 1899, Hartsville, SC-based Sonoco Products is a leading provider of consumer packaging, industrial products, protective packaging and packaging supply chain services. The company manufactures paperboard, primarily from recycled materials, for both internal use and open market sale.
The company reports its results in two segments: Consumer Packaging and Industrial Paper Packaging. Remaining businesses are presented in an All Other group.
Consumer Packaging primarily serves processed and fresh food markets along with other packaging for direct-to-consumer products. It makes round and shaped rigid paper containers; two- and three-piece steel tinplate cans and aerosol containers; metal and peelable membrane ends and closures; thermoformed plastic trays and containers.
Industrial Paper Packaging makes paperboard tubes, cones, and cores; fiber-based construction tubes; wooden, metal and composite wire and cable reels and spools; and recycled paperboard, linerboard, corrugating medium, recovered paper and material recycling services.
Due to its geographic footprint and the cost-competitive nature of its businesses, the company is constantly seeking the most cost-effective means and structure to serve its customers and to respond to fundamental changes in its markets. As such, restructuring costs have been and are expected to be a recurring component of the company’s operating costs.
In January 2022, Sonoco completed the acquisition of Ball Metalpack for a cash payment $1.35 billion. Ball Metalpack is a foremost producer of sustainable metal packaging for food and household products and the largest manufacturer of aerosol products in North America. The deal supports Sonoco’s focus on investing in the core business that strengthens its global Paper Cans and Closures business while bolstering its sustainable packaging portfolio with metal packaging.
General Information
Sonoco Products Company
ONE NORTH SECOND STREET
HARTSVILLE, SC 29550
Phone: 843-383-7000
Fax: 512-416-9669
Email: lisa.weeks@sonoco.com
Industry | Containers - Paper and Packaging |
Sector | Industrial Products |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/29/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.48 |
Current Year EPS Consensus Estimate | 5.09 |
Estimated Long-Term EPS Growth Rate | 5.10 |
Exp Earnings Date | 10/29/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 54.54 |
52 Week High | 61.73 |
52 Week Low | 48.32 |
Beta | 0.68 |
20 Day Moving Average | 839,737.38 |
Target Price Consensus | 60.00 |
4 Week | 1.57 |
12 Week | 7.91 |
YTD | -2.83 |
4 Week | -0.24 |
12 Week | 3.32 |
YTD | -18.95 |
Shares Outstanding (millions) | 98.26 |
Market Capitalization (millions) | 5,334.41 |
Short Ratio | NA |
Last Split Date | 5/13/1998 |
Dividend Yield | 3.83% |
Annual Dividend | $2.08 |
Payout Ratio | 0.43 |
Change in Payout Ratio | -0.01 |
Last Dividend Payout / Amount | 8/9/2024 / $0.52 |
Fundamental Ratios
P/E (F1) | 10.66 |
Trailing 12 Months | 11.13 |
PEG Ratio | 2.11 |
vs. Previous Year | -7.25% |
vs. Previous Quarter | 14.29% |
vs. Previous Year | -4.80% |
vs. Previous Quarter | -0.86% |
Price/Book | 2.18 |
Price/Cash Flow | 6.18 |
Price / Sales | 0.81 |
6/30/24 | 20.10 |
3/31/24 | 20.79 |
12/31/23 | 22.42 |
6/30/24 | 6.73 |
3/31/24 | 6.88 |
12/31/23 | 7.28 |
6/30/24 | 1.30 |
3/31/24 | 1.31 |
12/31/23 | 1.76 |
6/30/24 | 0.85 |
3/31/24 | 0.83 |
12/31/23 | 1.10 |
6/30/24 | 7.33 |
3/31/24 | 7.38 |
12/31/23 | 7.67 |
6/30/24 | 5.57 |
3/31/24 | 5.86 |
12/31/23 | 7.00 |
6/30/24 | 7.07 |
3/31/24 | 7.52 |
12/31/23 | 9.07 |
6/30/24 | 24.85 |
3/31/24 | 24.71 |
12/31/23 | 24.83 |
6/30/24 | 6.76 |
3/31/24 | 6.43 |
12/31/23 | 5.90 |
6/30/24 | 1.04 |
3/31/24 | 1.08 |
12/31/23 | 1.25 |
6/30/24 | 51.00 |
3/31/24 | 52.01 |
12/31/23 | 55.52 |