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.
Many analysts weighed in on price targets for SON. The most optimistic price target was 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 advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. Meanwhile, fiscal year estimates have been revised downwards by -0.36 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, which can be compared to the 7 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, 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. 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, though it could be better to see where the ratio stands relative to peers in the industry. SON has a PEG ratio of 4.28.
SON has traded between a high of 55.58 and a low of 48.55 over the past year. Currently the stock is 0.45 percent higher than its low, and 12.25 percent below the 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 will post this quarters earnings in days, on 0000-00-00.