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.
Several price targets were given for SON by the analysts covering the stock. The maximum price target given was 60, implying a possible profit of 23.03 percent. The minimum price target given was 41, implying potential capital losses 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.36 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.36 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 7 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 6 analysts made negative revisions to their fiscal year's estimates.
The growth rate of SON's earnings is estimated by analysts to be 4.33 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SON is 4.28.
SON has a 52-week high of 55.58 and a 52-week low of 48.55. Today's price is 0.45 percent above the 52-week low, and 12.25 percent below the high. SON has a P/E 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 market cap of SON is $4.87 billion. SON's next earnings release will be on 0000-00-00, which is days away.