Sonoco Products Company (SON) Analysts See $0.86 EPS

September 25, 2018 - By Vernon Prom

Sonoco Products Company (NYSE:SON) LogoInvestors sentiment increased to 1.24 in Q2 2018. Its up 0.25, from 0.99 in 2018Q1. It improved, as 19 investors sold Sonoco Products Company shares while 95 reduced holdings. 44 funds opened positions while 97 raised stakes. 69.62 million shares or 3.34% more from 67.37 million shares in 2018Q1 were reported.
The Pennsylvania-based Guyasuta Investment has invested 0.28% in Sonoco Products Company (NYSE:SON). Glenmede Na owns 20,381 shares for 0% of their portfolio. Janney Montgomery Scott Limited invested 0.01% in Sonoco Products Company (NYSE:SON). Advsrs Asset Mgmt holds 0.05% of its portfolio in Sonoco Products Company (NYSE:SON) for 32,834 shares. 4,243 were reported by Sigma Planning. Thrivent For Lutherans has invested 0.03% of its portfolio in Sonoco Products Company (NYSE:SON). Utah Retirement owns 18,183 shares. Aqr Cap Management Limited Com invested in 165,160 shares. The New York-based Shufro Rose has invested 1.89% in Sonoco Products Company (NYSE:SON). Coastline Trust Co owns 0.11% invested in Sonoco Products Company (NYSE:SON) for 13,800 shares. Amer Gru reported 0.04% stake. Parkside State Bank And Tru has 18 shares. 173,200 were reported by Swiss Savings Bank. Brandywine Glob Invest Mgmt Ltd has invested 0.03% in Sonoco Products Company (NYSE:SON). Virginia Retirement Systems Et Al reported 14,500 shares.

Since April 20, 2018, it had 0 insider purchases, and 13 insider sales for $3.09 million activity. ARTHUR VICKI B sold 3,780 shares worth $199,395. Coker R. Howard sold 4,777 shares worth $248,404. Saunders Barry L sold $367,514 worth of Sonoco Products Company (NYSE:SON) on Tuesday, July 24. McLeland Allan H had sold 11,521 shares worth $622,134. Shares for $713,355 were sold by Fuller Rodger D. Shares for $56,410 were sold by MAHONEY KEVIN P.

Analysts expect Sonoco Products Company (NYSE:SON) to report $0.86 EPS on October, 18.They anticipate $0.10 EPS change or 13.16 % from last quarter’s $0.76 EPS. SON’s profit would be $85.67 million giving it 16.43 P/E if the $0.86 EPS is correct. After having $0.93 EPS previously, Sonoco Products Company’s analysts see -7.53 % EPS growth. The stock decreased 0.39% or $0.22 during the last trading session, reaching $56.51. About 375,351 shares traded. Sonoco Products Company (NYSE:SON) has risen 18.21% since September 25, 2017 and is uptrending. It has outperformed by 2.59% the S&P500.

Sonoco Products Company (NYSE:SON) Ratings Coverage

Among 5 analysts covering Sonoco Products (NYSE:SON), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Sonoco Products had 5 analyst reports since April 2, 2018 according to SRatingsIntel. As per Friday, April 20, the company rating was downgraded by Vertical Research. On Thursday, April 19 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. As per Monday, April 2, the company rating was downgraded by Bank of America. The rating was maintained by Barclays Capital with “Equal-Weight” on Monday, July 23.

Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company has market cap of $5.63 billion. The firm operates through four divisions: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. It has a 23.55 P/E ratio. The Consumer Packaging segment offers composite and thermoformed plastic round and shaped rigid containers and trays; extruded and injection-molded plastic products; printed flexible packaging products; brand artwork management; and metal and peelable membrane ends and closures.

More news for Sonoco Products Company (NYSE:SON) were recently published by: Globenewswire.com, which released: “Sonoco’s Hartsville Paper Operations Temporarily Shut Following Hurricane Florence Flooding” on September 18, 2018. Globenewswire.com‘s article titled: “Sonoco Donates $50000 to Hurricane Florence Relief” and published on September 18, 2018 is yet another important article.

Sonoco Products Company (NYSE:SON) Institutional Positions Chart

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