Home Sectors Consumer Cyclical Latest Movement: Sonoco Products Company (NYSE: SON)

Latest Movement: Sonoco Products Company (NYSE: SON)

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Sonoco Products Company is in the packaging and containers industry and is in the consumer cyclical sector. The company CEO is Robert C. Tiede. Sonoco Products Co is a manufacturer of industrial and consumer packaging products and provides packaging services. It operates in Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions segments.

Previous Intraday Trading Performance:

The SON stock showed a previous change of 1.96% with an open at 62.65 and a close of 63.55. It reached an intraday high of 63.67 and a low of 62.55.

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Liquidity:

The stock has a market cap of $6.4b with 100.0m shares outstanding, of which the float is 97.4m shares. Trading volume reached 354,618 shares compared to its average volume of 399,646 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Sonoco Products Company shares returned 2.91% and in the past 30 trading days it returned 4.40%. Over three months, it changed 8.73%. In one year it has changed 24.77% and within that year its 52-week high was 64.47 and its 52-week low was 50.30. SON stock is 26.34% above its 52 Week Low.

Our calculations show a 200 day moving average of 56.92 and a 50 day moving average of 61.98. Currently SON stock is trading 11.64% above its 200 day moving average.

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Earnings:

The last annual fiscal EPS for the company was reported at 3.09 that ended on 31st of December 2018, which according to the previous close, that is a PE of 20.57. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.80. The TTM EPS is 3.37, which comes to a TTM PE of 18.86. Historically, the PE high was 33.70 and the PE low was 14.90. If the stock reached its PE low, that would represent a price of 50.21, which is a decrease of -21.00%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/18/2019): 0.73
4thQtr of 2018 (Reported on 02/14/2019): 0.77
3rdQtr of 2018 (Reported on 10/18/2018): 0.72
2ndQtr of 2018 (Reported on 07/19/2018): 0.88
1stQtr of 2018 (Reported on 04/19/2018): 0.73

The dividend per share is currently 1.72, which is a dividend yield of 2.71%. Also, the payout ratio is 51.04%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 55.34, which means it may be overvalued by -14.84%.

Indicators to Watch:

Short-interest was 3,588,191, which was 3.59% of shares outstanding. The short-interest ratio or days-to-cover ratio was 7.02. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.95.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 18.41%, return on assets is 6.82%, profit margin is 5.81%, price-to-sales is 1.15 and price-to-book is 3.49.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 4  :Past Performance Score
 3  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.