Sonoco Products (SON) Set to Announce Earnings on Thursday

Sonoco Products (NYSE:SON) is scheduled to release its earnings data before the market opens on Thursday, February 14th. Analysts expect Sonoco Products to post earnings of $0.81 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

NYSE SON opened at $59.33 on Tuesday. The stock has a market capitalization of $5.86 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 3.59 and a beta of 1.00. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.66 and a quick ratio of 1.19. Sonoco Products has a 1-year low of $46.55 and a 1-year high of $59.38.

Several research firms have weighed in on SON. Zacks Investment Research raised Sonoco Products from a “sell” rating to a “hold” rating in a research report on Thursday, October 18th. KeyCorp reiterated a “hold” rating on shares of Sonoco Products in a research note on Thursday, October 18th. Finally, Wells Fargo & Co set a $55.00 price objective on Sonoco Products and gave the company a “hold” rating in a research note on Monday, December 10th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Sonoco Products currently has a consensus rating of “Hold” and a consensus price target of $56.67.

In other news, VP James A. Harrell III sold 734 shares of Sonoco Products stock in a transaction dated Friday, November 16th. The stock was sold at an average price of $57.00, for a total value of $41,838.00. Following the completion of the transaction, the vice president now owns 13,881 shares in the company, valued at approximately $791,217. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.70% of the company’s stock.

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Sonoco Products Company Profile

Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through four segments: Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products, and Protective Solutions. 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.

Further Reading: How Does the Quiet Period Work?

Earnings History for Sonoco Products (NYSE:SON)

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