Analyst Ratings for Sonoco Products Co. (SON)

Updated: 2017-07-28

Shares of Sonoco Products Co. (NYSE:SON) have received a consensus rating of Hold from Wall Street analysts. About 30 days ago, SON was issued an average rating of Hold.

14 analysts issued ratings on the stock, where 0 gave SON a buy rating, 1 gave an overweight rating, 9 gave a hold rating, 2 gave an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for SON. The most optimistic analyst gave a price target of 60, implying a possible profit of 23.03 percent. The most pessimistic price target was 41, implying a possible loss of -15.93 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -4.51 percent. The average change in earnings estimates over the last 90 days is -5.13 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.36 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.36 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 7 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 6 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of SON to grow at a rate of 4.33 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. SON has a PEG ratio of 4.28.

SON has a 52-week high of 55.58 and a 52-week low of 48.55. Currently the stock is 0.45 percent higher than its low, and 12.25 percent lower than its 52-week high. SON has a price/earnings ratio of 18.55. Investors typically compare the P/E ratio to a company's peers in the industry. The SON value stock report compares SON to some of its peers using value stock charts. The stock has a market capitalization of $4.87 billion. SON will post this quarters earnings in days, on 0000-00-00.