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.

A number of analysts gave price targets for SON. The maximum price target given was 60, which equates to a potential upside of 23.03 percent. The minimum price target given was 41, implying potential capital losses of -15.93 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -4.51 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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.

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, compared to 6 analysts that revised their FY estimates downwards.

SON has an estimated earnings growth rate of 4.33 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 market cap of SON is $4.87 billion. SON is estimated to release their earnings results for the quarter on 0000-00-00, days from today.