Stock To Watch: Sonoco Products Company (NYSE:SON)


The leading market experts have placed a mean price target of $47.1000 on Sonoco Products Company (NYSE:SON) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.6700 a share for the upcoming quarter and $2.7100 for the current fiscal. Technical View The technical analysis of Sonoco Products Company Common plainly substantiates that the 50-day moving average of Sonoco Products Company Common is $48.9817, and stock is hovering 2.2410 or +4.5752% distant from $48.9817. It is noted that the 200-day MA is $45.6408, and Sonoco Products Company Common stock is $5.5819 or +12.2301% off from this point. Sonoco Products Company (NYSE:SON) 52-week high is $52.0000 and the 52-week low is $36.5600. This explains if the stock moves $-0.7773, it will post a 52-week high. In event of $+40.1058% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Sonoco Products Company Common , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Sonoco Products Company (NYSE:SON) ratio came in at 23.3787. The stock last ended the trading session at $51.2227 and registered a market cap of $5.16B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Sonoco Products Company (NYSE:SON) PEG ratio is at 3.6500.

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