Sonoco Products (NYSE:SON) Releases FY 2025 Earnings Guidance

Sonoco Products (NYSE:SON) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 6.000-6.200 for the period, compared to the consensus EPS estimate of 6.400. The company issued revenue guidance of -.

Sonoco Products Stock Performance

Shares of SON traded up $0.46 during trading hours on Tuesday, hitting $48.22. The company’s stock had a trading volume of 834,130 shares, compared to its average volume of 719,081. The company has a market cap of $4.74 billion, a price-to-earnings ratio of 16.57, a PEG ratio of 0.76 and a beta of 0.67. The company has a debt-to-equity ratio of 1.74, a current ratio of 2.36 and a quick ratio of 1.91. The business has a 50 day simple moving average of $48.52 and a two-hundred day simple moving average of $51.13. Sonoco Products has a 52-week low of $45.93 and a 52-week high of $61.73.

Sonoco Products (NYSE:SON) last issued its earnings results on Tuesday, February 18th. The industrial products company reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.01). Sonoco Products had a net margin of 4.38% and a return on equity of 19.92%. On average, equities analysts expect that Sonoco Products will post 5.08 earnings per share for the current fiscal year.

Sonoco Products Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 26th will be paid a $0.52 dividend. The ex-dividend date is Wednesday, February 26th. This represents a $2.08 annualized dividend and a yield of 4.31%. Sonoco Products’s dividend payout ratio is currently 71.48%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Truist Financial increased their price target on shares of Sonoco Products from $63.00 to $68.00 and gave the stock a “buy” rating in a report on Monday, January 6th. Bank of America increased their target price on shares of Sonoco Products from $66.00 to $71.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Citigroup reduced their price target on shares of Sonoco Products from $59.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Robert W. Baird dropped their price objective on Sonoco Products from $58.00 to $55.00 and set a “neutral” rating for the company in a research note on Monday, November 4th. Finally, Wells Fargo & Company decreased their target price on Sonoco Products from $52.00 to $50.00 and set an “underweight” rating on the stock in a research note on Monday, January 6th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $60.17.

Insider Buying and Selling

In other Sonoco Products news, Director Robert R. Hill, Jr. sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $47.95, for a total value of $191,800.00. Following the completion of the sale, the director now owns 16,065 shares of the company’s stock, valued at $770,316.75. This represents a 19.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.51% of the stock is owned by company insiders.

Sonoco Products Company Profile

Sonoco Products Company, together with its subsidiaries, designs, develops, manufactures, and sells various engineered and sustainable packaging products in North and South America, Europe, Australia, and Asia. The company operates Consumer Packaging and Industrial Paper Packaging segments. The Consumer Packaging segment offers round and shaped rigid paper, steel, and plastic containers; metal and peelable membrane ends, closures, and components; thermoformed plastic trays and enclosures; and high-barrier flexible packaging products.