Sonoco Products Company (SON) Stock Forecast, Price Target & Predictions
SON Stock Forecast
Sonoco Products Company stock forecast is as follows: an average price target of $68.00 (represents a 38.24% upside from SON’s last price of $49.19) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
SON Price Target
The average price target for Sonoco Products Company (SON) is $68.00 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $105.00 to $55.00. This represents a potential 38.24% upside from SON's last price of $49.19.
SON Analyst Ratings
According to 9 Wall Street analysts, Sonoco Products Company's rating consensus is 'Buy'. The analyst rating breakdown for SON stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 2 'Hold' (22.22%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
Sonoco Products Company Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 04, 2024 | Ghansham Panjabi | Robert W. Baird | $55.00 | $50.56 | 8.78% | 11.81% |
| Jul 19, 2024 | Matt Roberts | Raymond James | $62.00 | $51.92 | 19.41% | 26.04% |
| Mar 30, 2023 | Mark Weintraub | Seaport Global | $65.00 | $59.79 | 8.71% | 32.14% |
| Mar 15, 2023 | Gaurav Jain | Barclays | $105.00 | $57.64 | 82.17% | 113.46% |
| Mar 15, 2023 | David Coleman | Argus Research | $67.00 | $57.64 | 16.24% | 36.21% |
| Oct 30, 2022 | Mark Wilde | BMO Capital | $58.00 | $64.86 | -10.58% | 17.91% |
| Apr 19, 2022 | - | Wells Fargo | $64.00 | $64.83 | -1.28% | 30.11% |
The latest Sonoco Products Company stock forecast, released on Nov 04, 2024 by Ghansham Panjabi from Robert W. Baird, set a price target of $55.00, which represents a 8.78% increase from the stock price at the time of the forecast ($50.56), and a 11.81% increase from SON last price ($49.19).
Sonoco Products Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $55.00 | $55.00 | $58.50 |
| Last Closing Price | $49.19 | $49.19 | $49.19 |
| Upside/Downside | 11.81% | 11.81% | 18.93% |
In the current month, the average price target of Sonoco Products Company stock is $55.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 11.81% increase as opposed to Sonoco Products Company's last price of $49.19. This month's average price target is down 0.00% compared to last quarter, and down -5.98% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 02, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 21, 2024 | Wells Fargo | Equal-Weight | Underweight | Downgrade |
| Aug 15, 2024 | Citigroup | Buy | Buy | Hold |
| Aug 15, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 18, 2024 | Raymond James | - | Outperform | Initialise |
| May 31, 2024 | Citigroup | Buy | Buy | Hold |
| May 31, 2024 | BMO Capital | Underperform | Outperform | Upgrade |
| Apr 04, 2024 | Citigroup | Buy | Buy | Hold |
| Jan 18, 2024 | Citigroup | Buy | Buy | Hold |
| Mar 30, 2023 | Seaport Global | Neutral | Buy | Upgrade |
Sonoco Products Company's last stock rating was published by Citigroup on Oct 02, 2024. The company gave SON a "Buy" rating, the same as its previous rate.
Sonoco Products Company Financial Forecast
Sonoco Products Company Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $1.64B | $1.71B | $1.71B | $1.73B | $1.68B | $1.89B | $1.91B | $1.77B | $1.44B | $1.42B | $1.38B | $1.35B | $1.38B | $1.31B | $1.25B | $1.30B | $1.31B | $1.35B | $1.36B | $1.35B | $1.36B | $1.30B |
| Avg Forecast | $1.80B | $1.90B | $1.86B | $1.82B | $1.58B | $1.71B | $1.69B | $1.67B | $1.61B | $1.74B | $1.87B | $1.84B | $1.78B | $1.88B | $1.90B | $1.77B | $1.41B | $1.37B | $1.30B | $1.33B | $1.32B | $1.32B | $1.32B | $1.36B | $1.33B | $1.38B | $1.42B | $1.37B | $1.29B | $1.32B |
| High Forecast | $1.83B | $1.94B | $1.89B | $1.86B | $1.60B | $1.72B | $1.69B | $1.67B | $1.65B | $1.79B | $1.91B | $1.88B | $1.81B | $1.88B | $1.90B | $1.77B | $1.41B | $1.37B | $1.30B | $1.33B | $1.32B | $1.32B | $1.32B | $1.36B | $1.33B | $1.38B | $1.42B | $1.37B | $1.54B | $1.58B |
| Low Forecast | $1.78B | $1.88B | $1.84B | $1.80B | $1.57B | $1.71B | $1.69B | $1.67B | $1.56B | $1.72B | $1.85B | $1.82B | $1.76B | $1.88B | $1.90B | $1.77B | $1.41B | $1.37B | $1.30B | $1.33B | $1.32B | $1.32B | $1.32B | $1.36B | $1.33B | $1.38B | $1.42B | $1.37B | $1.03B | $1.05B |
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | 1.02% | 0.98% | 0.91% | 0.94% | 0.94% | 1.01% | 1.01% | 1.00% | 1.02% | 1.03% | 1.06% | 1.02% | 1.04% | 1.00% | 0.94% | 0.96% | 0.99% | 0.98% | 0.96% | 0.99% | 1.06% | 0.99% |
Sonoco Products Company's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.67B, with a low forecast of $1.67B, and a high forecast of $1.67B. SON's average Quarter revenue forecast represents a 2.39% increase compared to the company's last Quarter revenue of $1.64B (Dec 23).
Sonoco Products Company EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | $230.81M | $300.67M | $187.86M | $264.93M | $215.38M | $286.49M | $281.71M | $250.48M | $160.17M | $188.07M | $-374.51M | $176.44M | $80.39M | $165.33M | $160.63M | $184.55M | $143.74M | $191.56M | $184.81M | $170.93M | $163.22M | $148.08M |
| Avg Forecast | $209.60M | $221.29M | $216.20M | $212.26M | $184.16M | $199.07M | $196.45M | $213.09M | $187.13M | $202.54M | $217.99M | $193.71M | $370.72M | $227.55M | $230.48M | $176.10M | $337.02M | $166.22M | $157.90M | $160.88M | $159.73M | $159.64M | $159.78M | $160.10M | $160.92M | $167.02M | $172.14M | $105.30M | $100.14M | $90.81M |
| High Forecast | $213.34M | $225.24M | $220.06M | $216.05M | $186.51M | $199.63M | $196.45M | $255.70M | $191.84M | $208.33M | $221.88M | $232.46M | $444.86M | $227.55M | $230.48M | $211.33M | $404.42M | $166.22M | $157.90M | $160.88M | $159.73M | $159.64M | $159.78M | $192.11M | $160.92M | $167.02M | $172.14M | $126.36M | $120.17M | $108.97M |
| Low Forecast | $207.35M | $218.91M | $213.88M | $209.98M | $182.99M | $198.52M | $196.45M | $170.47M | $181.25M | $199.85M | $215.64M | $154.97M | $296.57M | $227.55M | $230.48M | $140.88M | $269.61M | $166.22M | $157.90M | $160.88M | $159.73M | $159.64M | $159.78M | $128.08M | $160.92M | $167.02M | $172.14M | $84.24M | $80.11M | $72.65M |
| Surprise % | - | - | - | - | - | - | - | - | 1.23% | 1.48% | 0.86% | 1.37% | 0.58% | 1.26% | 1.22% | 1.42% | 0.48% | 1.13% | -2.37% | 1.10% | 0.50% | 1.04% | 1.01% | 1.15% | 0.89% | 1.15% | 1.07% | 1.62% | 1.63% | 1.63% |
1 analysts predict SON's average Quarter EBITDA for Mar 24 to be $213.09M, with a high of $255.70M and a low of $170.47M. This is -7.68% lower than Sonoco Products Company's previous annual EBITDA (Dec 23) of $230.81M.
Sonoco Products Company Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| Net Income | - | - | - | - | - | - | - | - | $81.24M | $130.75M | $114.65M | $148.32M | $97.20M | $122.23M | $131.67M | $115.33M | $62.54M | $111.14M | $-334.07M | $72.30M | $-11.64M | $83.45M | $55.21M | $80.44M | $44.90M | $92.06M | $81.16M | $73.66M | $72.42M | $5.67M |
| Avg Forecast | $143.83M | $164.43M | $149.92M | $133.09M | $117.83M | $146.17M | $122.83M | $92.88M | $103.36M | $122.37M | $142.18M | $84.44M | $70.87M | $136.89M | $163.74M | $76.76M | $64.42M | $88.05M | $85.10M | $84.54M | $76.04M | $81.35M | $76.38M | $69.78M | $74.73M | $89.77M | $95.99M | $69.06M | $67.94M | $5.75M |
| High Forecast | $147.16M | $168.25M | $153.40M | $136.18M | $121.73M | $149.96M | $127.86M | $111.46M | $104.32M | $131.32M | $145.47M | $101.33M | $85.04M | $142.23M | $163.74M | $92.11M | $77.31M | $88.05M | $85.10M | $84.54M | $76.04M | $81.35M | $76.38M | $83.74M | $74.73M | $89.77M | $95.99M | $82.87M | $81.53M | $6.90M |
| Low Forecast | $141.82M | $162.13M | $147.83M | $131.23M | $112.96M | $142.38M | $117.80M | $74.31M | $102.39M | $104.46M | $140.19M | $67.55M | $56.69M | $131.54M | $163.74M | $61.41M | $51.54M | $88.05M | $85.10M | $84.54M | $76.04M | $81.35M | $76.38M | $55.83M | $74.73M | $89.77M | $95.99M | $55.25M | $54.36M | $4.60M |
| Surprise % | - | - | - | - | - | - | - | - | 0.79% | 1.07% | 0.81% | 1.76% | 1.37% | 0.89% | 0.80% | 1.50% | 0.97% | 1.26% | -3.93% | 0.86% | -0.15% | 1.03% | 0.72% | 1.15% | 0.60% | 1.03% | 0.85% | 1.07% | 1.07% | 0.99% |
Sonoco Products Company's average Quarter net income forecast for Mar 24 is $92.88M, with a range of $74.31M to $111.46M. SON's average Quarter net income forecast represents a 14.33% increase compared to the company's last Quarter net income of $81.24M (Dec 23).
Sonoco Products Company SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| SG&A | - | - | - | - | - | - | - | - | $200.44M | $182.67M | $170.77M | $187.98M | $173.47M | $164.55M | $178.96M | $190.36M | $153.56M | $130.58M | $128.81M | $145.23M | $157.06M | $126.12M | $121.37M | $123.89M | $135.77M | $120.32M | $132.21M | $142.56M | $136.00M | $130.05M |
| Avg Forecast | $182.50M | $192.68M | $188.25M | $184.82M | $160.36M | $173.34M | $171.05M | $143.04M | $162.94M | $176.35M | $189.80M | $130.04M | $167.02M | $190.13M | $192.58M | $118.22M | $151.84M | $138.89M | $131.94M | $134.43M | $133.47M | $133.39M | $133.51M | $107.47M | $134.46M | $139.55M | $143.84M | $133.65M | $127.61M | $131.83M |
| High Forecast | $185.76M | $196.12M | $191.61M | $188.12M | $162.40M | $173.82M | $171.05M | $171.65M | $167.04M | $181.40M | $193.19M | $156.05M | $200.43M | $190.13M | $192.58M | $141.86M | $182.21M | $138.89M | $131.94M | $134.43M | $133.47M | $133.39M | $133.51M | $128.96M | $134.46M | $139.55M | $143.84M | $160.38M | $153.13M | $158.19M |
| Low Forecast | $180.54M | $190.61M | $186.23M | $182.83M | $159.33M | $172.86M | $171.05M | $114.43M | $157.82M | $174.02M | $187.76M | $104.03M | $133.62M | $190.13M | $192.58M | $94.57M | $121.47M | $138.89M | $131.94M | $134.43M | $133.47M | $133.39M | $133.51M | $85.98M | $134.46M | $139.55M | $143.84M | $106.92M | $102.09M | $105.46M |
| Surprise % | - | - | - | - | - | - | - | - | 1.23% | 1.04% | 0.90% | 1.45% | 1.04% | 0.87% | 0.93% | 1.61% | 1.01% | 0.94% | 0.98% | 1.08% | 1.18% | 0.95% | 0.91% | 1.15% | 1.01% | 0.86% | 0.92% | 1.07% | 1.07% | 0.99% |
Sonoco Products Company's average Quarter SG&A projection for Mar 24 is $143.04M, based on 1 Wall Street analysts, with a range of $114.43M to $171.65M. The forecast indicates a -28.64% fall compared to SON last annual SG&A of $200.44M (Dec 23).
Sonoco Products Company EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Dec 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 13 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| EPS | - | - | - | - | - | - | - | - | $0.82 | $1.33 | $1.17 | $1.51 | $1.00 | $1.25 | $1.34 | $1.18 | $0.64 | $1.13 | $-3.32 | $0.72 | $-0.12 | $0.83 | $0.55 | $0.80 | $0.45 | $0.92 | $0.81 | $0.74 | $0.73 | $0.06 |
| Avg Forecast | $1.45 | $1.66 | $1.51 | $1.34 | $1.19 | $1.47 | $1.24 | $1.05 | $1.04 | $1.23 | $1.43 | $1.32 | $1.25 | $1.38 | $1.65 | $1.72 | $0.89 | $0.89 | $0.86 | $0.85 | $0.77 | $0.82 | $0.77 | $0.83 | $0.75 | $0.90 | $0.97 | $0.80 | $0.76 | $0.74 |
| High Forecast | $1.48 | $1.69 | $1.55 | $1.37 | $1.23 | $1.51 | $1.29 | $1.05 | $1.05 | $1.32 | $1.47 | $1.37 | $1.28 | $1.43 | $1.65 | $1.72 | $0.89 | $0.89 | $0.86 | $0.85 | $0.77 | $0.82 | $0.77 | $0.83 | $0.75 | $0.90 | $0.97 | $0.80 | $0.91 | $0.89 |
| Low Forecast | $1.43 | $1.63 | $1.49 | $1.32 | $1.14 | $1.43 | $1.19 | $1.05 | $1.03 | $1.05 | $1.41 | $1.27 | $1.23 | $1.33 | $1.65 | $1.72 | $0.89 | $0.89 | $0.86 | $0.85 | $0.77 | $0.82 | $0.77 | $0.83 | $0.75 | $0.90 | $0.97 | $0.80 | $0.61 | $0.59 |
| Surprise % | - | - | - | - | - | - | - | - | 0.79% | 1.08% | 0.82% | 1.14% | 0.80% | 0.91% | 0.81% | 0.69% | 0.72% | 1.27% | -3.87% | 0.84% | -0.15% | 1.01% | 0.72% | 0.96% | 0.60% | 1.02% | 0.84% | 0.92% | 0.96% | 0.08% |
According to 1 Wall Street analysts, Sonoco Products Company's projected average Quarter EPS for Mar 24 is $1.05, with a low estimate of $1.05 and a high estimate of $1.05. This represents a 27.86% increase compared to SON previous annual EPS of $0.82 (Dec 23).