Is Sonoco Products Co. (NYSE: SON) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Sonoco Products Co. is listed on the NYSE in the Consumer Cyclical sector while operating in the Packaging & Containers industry. The current market capitalization of Sonoco Products Co. is $5.46B. A total of 0.88 million shares were traded on the day, compared to an average of 813.22K shares.

In the most recent transaction, Wood Adam sold 537 shares of SON for 57.04 per share on Mar 06 ’24. After the transaction, the VP Paper&Ind Converted Prod now owns 28,273 company shares. In a previous transaction on Feb 28 ’24, Grissett Russell K sold 2,039 shares at 56.06 per share. SON shares that Pres Global Flexible Packaging owns now total 11,988.

Among the insiders who sold shares, Tomaszewski Jeffrey S disposed of 10,500 shares on Feb 23 ’24 at a per-share price of $57.53. This resulted in the Pres., Diversified Business holding 13,456 shares of SON after the transaction. In another insider transaction, Haynes Ernest D III sold 3,750 shares at $57.58 per share on Feb 23 ’24. Company shares held by the Pres. Sonoco Metal Packaging now total 435.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Sonoco Products Co. pays an annual dividend of $2.06, resulting in a dividend yield of 3.71%, and it has a price to earnings (P/E) ratio of 14.97. SON’s most recent ex-dividend date was 8/9/2024 when it declared a $0.52 quarterly dividend that was paid in cash on 9/10/2024. Previously, the company paid the dividend on 6/10/2024 with an ex-dividend date of 5/9/2024. The SON stock dividend was $0.52 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, SON has a high of $61.73 and a low of $48.22.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. SON’s latest balance sheet shows that the firm has $170.98M in Cash & Short Term Investments as of fiscal 2021. There were $1.84B in debt and $1.53B in liabilities at the time. Its Book Value Per Share was $24.78, while its Total Shareholder’s Equity was $1.85B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SON is Buy with a score of 4.00.

Most Popular

Related Posts