Sonoco Products Stock Buy Hold or Sell Recommendation
| SON Stock | USD 56.61 0.48 0.86% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Sonoco Products is 'Strong Hold'. Macroaxis provides Sonoco Products buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SON positions. The advice algorithm takes into account all of Sonoco Products' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Sonoco Products' buy or sell advice are summarized below:
Real Value 56.43 | Target Price 61.6 | Hype Value 56.13 | Market Value 56.61 | Naive Value 55.51 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sonoco Products given historical horizon and risk tolerance towards Sonoco Products. When Macroaxis issues a 'buy' or 'sell' recommendation for Sonoco Products, the advice is generated through an automated system that utilizes algorithms and statistical models.
Sonoco |
Execute Sonoco Products Buy or Sell Advice
The Sonoco recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sonoco Products. Macroaxis does not own or have any residual interests in Sonoco Products or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sonoco Products' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Sonoco Products Trading Alerts and Improvement Suggestions
| Sonoco Products generated a negative expected return over the last 90 days | |
| Over 79.0% of the company shares are owned by institutional investors | |
| On 8th of March 2024 Sonoco Products paid $ 0.51 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Sonoco Releases 2023 Corporate Sustainability Report Detailing Progress on Sustainability Initiatives |
Sonoco Products Returns Distribution Density
The distribution of Sonoco Products' historical returns is an attempt to chart the uncertainty of Sonoco Products' future price movements. The chart of the probability distribution of Sonoco Products daily returns describes the distribution of returns around its average expected value. We use Sonoco Products price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sonoco Products returns is essential to provide solid investment advice for Sonoco Products.
| Mean Return | -0.01 | Value At Risk | -1.93 | Potential Upside | 1.77 | Standard Deviation | 1.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sonoco Products historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Sonoco Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sonoco Products is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sonoco Products backward and forwards among themselves. Sonoco Products' institutional investor refers to the entity that pools money to purchase Sonoco Products' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 1.6 M | Sei Investments Co | 2023-12-31 | 1.3 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.3 M | Norges Bank | 2023-12-31 | 1.1 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 990.3 K | Nordea Investment Mgmt Bank Demark A/s | 2023-12-31 | 981.8 K | Amvescap Plc. | 2023-12-31 | 858 K | Impax Asset Management Group Plc | 2023-12-31 | 844.4 K | Fmr Inc | 2023-12-31 | 765.2 K | Vanguard Group Inc | 2023-12-31 | 11 M | Blackrock Inc | 2023-12-31 | 10.9 M |
Sonoco Products Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 2.6M | 12.1M | (130.1M) | (353.5M) | 342.7M | 359.8M | |
| Change In Cash | 24.9M | 419.6M | (393.9M) | 56.5M | (75.5M) | (71.7M) | |
| Free Cash Flow | 244.5M | 522.0M | 55.8M | 189.9M | 600.2M | 630.2M | |
| Depreciation | 54.6M | 359.2M | 803.2M | 308.8M | 341.0M | 207.0M | |
| Other Non Cash Items | (335K) | 88.5M | 22.9M | 20.8M | (108.4M) | (103.0M) | |
| Dividends Paid | 170.3M | 172.6M | 178.6M | 187.1M | 197.4M | 113.4M | |
| Capital Expenditures | 181.3M | 183.7M | 242.9M | 319.1M | 282.7M | 187.6M | |
| Net Income | 292.7M | 207.2M | (82.7M) | 467.0M | 475.0M | 498.7M | |
| End Period Cash Flow | 145.3M | 564.8M | 171.0M | 227.4M | 151.9M | 140.0M | |
| Change Receivables | 38.2M | 59.6M | 17.9M | (149.8M) | (172.2M) | (163.6M) | |
| Net Borrowings | 132.8M | 256.8M | (107.1M) | 1.5B | 1.7B | 1.8B | |
| Change To Netincome | (130.7M) | 142.8M | 453.5M | 5.4M | 6.2M | 5.9M | |
| Investments | (479.1M) | (127.0M) | (173.5M) | (1.7B) | (630.8M) | (599.2M) |
Sonoco Products Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sonoco Products or Containers & Packaging sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sonoco Products' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sonoco stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | 0.84 | |
σ | Overall volatility | 1.08 | |
Ir | Information ratio | -0.1 |
Sonoco Products Volatility Alert
Sonoco Products exhibits very low volatility with skewness of -0.36 and kurtosis of 0.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sonoco Products' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sonoco Products' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Sonoco Products Fundamentals Vs Peers
Comparing Sonoco Products' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sonoco Products' direct or indirect competition across all of the common fundamentals between Sonoco Products and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sonoco Products or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sonoco Products' fundamental indicators could also be used in its relative valuation, which is a method of valuing Sonoco Products by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sonoco Products to competition |
| Fundamentals | Sonoco Products | Peer Average |
| Return On Equity | 0.21 | -0.31 |
| Return On Asset | 0.0613 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.08 % | (5.51) % |
| Current Valuation | 8.77 B | 16.62 B |
| Shares Outstanding | 97.96 M | 571.82 M |
| Shares Owned By Insiders | 0.63 % | 10.09 % |
| Shares Owned By Institutions | 78.95 % | 39.21 % |
| Number Of Shares Shorted | 1.13 M | 4.71 M |
| Price To Earning | 31.13 X | 28.72 X |
| Price To Book | 2.28 X | 9.51 X |
| Price To Sales | 0.81 X | 11.42 X |
| Revenue | 6.78 B | 9.43 B |
| Gross Profit | 1.47 B | 27.38 B |
| EBITDA | 1.03 B | 3.9 B |
| Net Income | 474.96 M | 570.98 M |
| Cash And Equivalents | 227.44 M | 2.7 B |
| Cash Per Share | 1.79 X | 5.01 X |
| Total Debt | 3.35 B | 5.32 B |
| Debt To Equity | 1.77 % | 48.70 % |
| Current Ratio | 1.36 X | 2.16 X |
| Book Value Per Share | 24.75 X | 1.93 K |
| Cash Flow From Operations | 882.92 M | 971.22 M |
| Short Ratio | 2.41 X | 4.00 X |
| Earnings Per Share | 4.80 X | 3.12 X |
| Price To Earnings To Growth | 4.29 X | 4.89 X |
| Target Price | 61.8 | |
| Number Of Employees | 23 K | 18.84 K |
| Beta | 0.68 | -0.15 |
| Market Capitalization | 5.5 B | 19.03 B |
| Total Asset | 7.19 B | 29.47 B |
| Retained Earnings | 2.62 B | 9.33 B |
| Working Capital | 885.09 M | 1.48 B |
Note: Acquisition by Adam Wood of 122 shares of Sonoco Products subject to Rule 16b-3 [view details]
Sonoco Products Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sonoco . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Sonoco Products Buy or Sell Advice
When is the right time to buy or sell Sonoco Products? Buying financial instruments such as Sonoco Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.6B | 3.5B | 3.3B | 3.5B | Total Assets | 5.1B | 7.1B | 7.2B | 7.6B |
Use Investing Ideas to Build Portfolios
In addition to having Sonoco Products in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Investing Thematic Idea Now
Investing
Companies involved in money management and investment banking services. The Investing theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investing Theme or any other thematic opportunities.
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Check out Sonoco Products Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running Sonoco Products' price analysis, check to measure Sonoco Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonoco Products is operating at the current time. Most of Sonoco Products' value examination focuses on studying past and present price action to predict the probability of Sonoco Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonoco Products' price. Additionally, you may evaluate how the addition of Sonoco Products to your portfolios can decrease your overall portfolio volatility.
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Is Sonoco Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonoco Products. If investors know Sonoco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonoco Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.16) | Dividend Share 2.02 | Earnings Share 4.8 | Revenue Per Share 68.99 | Quarterly Revenue Growth (0.02) |
The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.