Sonoco Products (NYSE:SON) Issues 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 Price Performance

Shares of NYSE:SON traded up $0.46 on Tuesday, hitting $48.22. The company had a trading volume of 834,130 shares, compared to its average volume of 719,081. The company has a current ratio of 2.36, a quick ratio of 1.91 and a debt-to-equity ratio of 1.74. Sonoco Products has a 52-week low of $45.93 and a 52-week high of $61.73. The business has a 50 day moving average of $48.46 and a 200 day moving average of $51.11. The company has a market cap of $4.74 billion, a PE ratio of 16.57, a PEG ratio of 0.76 and a beta of 0.67.

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

Sonoco Products Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 26th will be given a dividend of $0.52 per share. 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 (DPR) is presently 71.48%.

Analyst Ratings Changes

SON has been the topic of several recent analyst reports. Robert W. Baird reduced their target price on Sonoco Products from $58.00 to $55.00 and set a “neutral” rating on the stock in a research report on Monday, November 4th. Truist Financial increased their target price on Sonoco Products from $63.00 to $68.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. Citigroup dropped their price target on Sonoco Products from $59.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Bank of America upped their price target on Sonoco Products from $66.00 to $71.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Finally, Wells Fargo & Company dropped their price target on Sonoco Products from $52.00 to $50.00 and set an “underweight” rating for the company in a research note on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.17.

Insider Activity

In other news, Director Robert R. Hill, Jr. sold 4,000 shares of the stock in a transaction dated 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 in the company, valued at approximately $770,316.75. This trade represents a 19.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.51% of the company’s stock.

About Sonoco Products

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.