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Sonoco Products Co (NYSE: SON) closed the day trading at $51.13 down -0.47% from the previous closing price of $51.37. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 0.53 million shares were traded. SON stock price reached its highest trading level at $51.955 during the session, while it also had its lowest trading level at $51.05.
Ratios:
For a better understanding of SON, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.50. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 2.36. In the meantime, Its Debt-to-Equity ratio is 2.07 whereas as Long-Term Debt/Eq ratio is at 1.85.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on August 21, 2024, Downgraded its rating to Underweight and sets its target price to $52 from $54 previously.
On July 19, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $62.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 04 ’24 when Florence John M sold 13,660 shares for $51.20 per share. The transaction valued at 699,399 led to the insider holds 7,052 shares of the business.
Florence John M bought 13,660 shares of SON for $698,034 on Nov 04 ’24. On Sep 13 ’24, another insider, Tomaszewski Jeffrey S, who serves as the Former Officer of the company, bought 6,200 shares for $54.84 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SON now has a Market Capitalization of 5047594496 and an Enterprise Value of 8224702464. As of this moment, Sonoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.60, and their Forward P/E ratio for the next fiscal year is 8.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 1.251 whereas that against EBITDA is 8.127.
Stock Price History:
Over the past 52 weeks, SON has reached a high of $61.73, while it has fallen to a 52-week low of $48.22. The 50-Day Moving Average of the stock is -4.85%, while the 200-Day Moving Average is calculated to be -7.32%.
Shares Statistics:
Over the past 3-months, SON traded about 695.03K shares per day on average, while over the past 10 days, SON traded about 711280 shares per day. A total of 97.96M shares are outstanding, with a floating share count of 97.31M. Insiders hold about 0.97% of the company’s shares, while institutions hold 81.13% stake in the company. Shares short for SON as of 1728950400 were 1608585 with a Short Ratio of 2.31, compared to 1726185600 on 2393743. Therefore, it implies a Short% of Shares Outstanding of 1608585 and a Short% of Float of 2.12.
Dividends & Splits
SON’s forward annual dividend rate is 2.06, up from 2.06 a year ago. Against a Trailing Annual Dividend Yield of 0.040101226The stock’s 5-year Average Dividend Yield is 3.24.
