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


The leading market experts have placed a mean price target of $49.30 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 $0.66 a share for the upcoming quarter and $2.72 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 $51.31, and stock is trading $1.30 points away or +2.54% from its 50-day moving average of $51.31. Further it is trading $4.38 or +9.09% away its 200-day moving average of $48.23. Sonoco Products Company (NYSE:SON) 52-week high is $52.65 and the 52-week low is $36.56.

This explains if the stock moves $-0.04, it will post a 52-week high. In event of +43.90% 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 24.93.

The stock last ended the trading session at $52.61 and registered a market cap of $5.27B. 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 3.20.

1 Chart Pattern Every Investor Should Know

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