SON Stock Summary and Trading Ideas (Sonoco Prods | NYSE:SON)

Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 40 years.

Sonoco Prods trades on the NYSE stock market under the symbol SON.

As of January 3, 2025, SON stock price declined to $47.95 with 665,389 million shares trading.

SON has a beta of 0.29, meaning it tends to be less sensitive to market movements. SON has a correlation of 0.03 to the broad based SPY ETF.

SON has a market cap of $4.71 billion. This is considered a Mid Cap stock.

Last quarter Sonoco Prods reported $2 billion in Revenue and $1.49 earnings per share. This fell short of revenue expectation by $-44 million and exceeded earnings estimates by $.04.

In the last 3 years, SON traded as high as $67.06 and as low as $47.68.

The top ETF exchange traded funds that SON belongs to (by Net Assets): VTI, IJH, VB, DVY, VBR.

SON has underperformed the market in the last year with a price return of -11.7% while the SPY ETF gained +27.8%. SON has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.1% and -3.0%, respectively, while the SPY returned +4.6% and +0.1%, respectively.

SON support price is $47.38 and resistance is $48.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SON shares will trade within this expected range on the day.