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Sonoco Products (SON) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SON Stock Forecast

Sonoco Products (SON) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $55.00, with a high of $55.00 and a low of $55.00. This represents a 14.16% increase from the last price of $48.18.

$45 $49 $53 $57 $61 $65 High: $55 Avg: $55 Low: $55 Last Closed Price: $48.18

SON Stock Rating

Sonoco Products stock's rating consensus is Buy, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 6 Buy (66.67%), 2 Hold (22.22%), 1 Sell (11.11%), and 0 Strong Sell (0.00%).

Buy
Total 9 0 1 2 6 Strong Sell Sell Hold Buy Strong Buy

SON Forecast vs Benchmarks

TypeNameUpside
StockSonoco Products14.16%
SectorConsumer Cyclical Stocks 4.57%
IndustryPackaging & Containers Stocks 16.60%

Price Target Trends

1M3M12M
# Anlaysts-12
Avg Price Target-$55.00$58.50
Last Closing Price$48.18$48.18$48.18
Upside/Downside-14.16%21.42%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 251431-9
Dec, 241431-9
Nov, 242481-15
Oct, 242381-14
Sep, 242381-14
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 04, 2024Ghansham PanjabiRobert W. Baird$55.00$50.568.78%14.16%
Jul 19, 2024Matt RobertsRaymond James$62.00$51.9219.41%28.68%
Mar 30, 2023Mark WeintraubSeaport Global$65.00$59.798.71%34.91%
Mar 15, 2023Gaurav JainBarclays$105.00$57.6482.17%117.93%
Mar 15, 2023David ColemanArgus Research$67.00$57.6416.24%39.06%
Oct 30, 2022Mark WildeBMO Capital$58.00$64.86-10.58%20.38%
Apr 19, 2022Wells Fargo$64.00$64.83-1.28%32.84%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 02, 2024CitigroupBuyBuyhold
Aug 21, 2024Wells FargoEqual-WeightUnderweightdowngrade
Aug 15, 2024CitigroupBuyBuyhold
Jul 18, 2024Raymond JamesOutperforminitialise
May 31, 2024CitigroupBuyBuyhold
Apr 04, 2024CitigroupBuyBuyhold
Jan 18, 2024CitigroupBuyBuyhold
Mar 30, 2023Seaport GlobalNeutralBuyupgrade
Mar 15, 2023CitigroupBuyBuyhold
Feb 14, 2023ScotiabankPerformdowngrade

Financial Forecast

EPS Forecast

$-1 $0 $1 $2 $3 $4 $5 $6 $7 $8 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$2.06$-0.94$4.79$4.80----
Avg Forecast$3.36$3.55$6.33$5.20$5.11$6.13$6.79$7.20
High Forecast$3.18$3.35$6.17$5.19$5.03$5.83$6.42$6.67
Low Forecast$3.70$3.91$6.49$5.21$5.18$6.38$7.20$7.73
Surprise %-38.69%-126.48%-24.33%-7.69%----

Revenue Forecast

$5B $6B $7B $8B $9B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$5.24B$5.59B$7.25B$6.78B----
Avg Forecast$5.18B$5.56B$7.35B$6.75B$6.58B$8.11B$8.63B$9.01B
High Forecast$4.96B$5.33B$7.21B$6.71B$6.48B$7.81B$8.61B$8.91B
Low Forecast$5.59B$6.00B$7.50B$6.80B$6.69B$8.37B$8.64B$9.11B
Surprise %1.14%0.57%-1.36%0.40%----

Net Income Forecast

$-100M $80M $260M $440M $620M $800M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$207.46M$-93.55M$466.44M$474.96M----
Avg Forecast$192.05M$350.69M$294.10M$474.96M$504.69M$603.98M$673.56M$712.01M
High Forecast$149.29M$331.61M$235.28M$379.97M$497.23M$576.86M$635.30M$659.94M
Low Forecast$234.82M$386.51M$352.92M$569.95M$512.15M$631.10M$711.82M$764.08M
Surprise %8.02%-126.68%58.60%-----

SON Forecast FAQ

Is Sonoco Products stock a buy?

Sonoco Products stock has a consensus rating of Buy, based on 9 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 6 Buy, 2 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Sonoco Products is a favorable investment for most analysts.

What is Sonoco Products's price target?

Sonoco Products's price target, set by 9 Wall Street analysts, averages $55 over the next 12 months. The price target range spans from $55 at the low end to $55 at the high end, suggesting a potential 14.16% change from the previous close price of $48.18.

How does Sonoco Products stock forecast compare to the average forecast of its sector, industry, and investment themes?

Sonoco Products stock forecast shows a 14.16% upside, outperforming the average forecast for the consumer cyclical stocks sector (4.57%) and underperforming the packaging & containers stocks industry (16.60%).

What is the breakdown of analyst ratings for Sonoco Products over the past three months?

  • January 2025: 11.11% Strong Buy, 44.44% Buy, 33.33% Hold, 11.11% Sell, 0% Strong Sell.
  • December 2024: 11.11% Strong Buy, 44.44% Buy, 33.33% Hold, 11.11% Sell, 0% Strong Sell.
  • November 2024: 13.33% Strong Buy, 26.67% Buy, 53.33% Hold, 6.67% Sell, 0% Strong Sell.

What is Sonoco Products’s EPS forecast?

Sonoco Products's average annual EPS forecast for its fiscal year ending in December is 5.11 for 2024, a 6.46% increase from the reported $4.8 in 2023. The prediction for 2025 is $6.13, $6.79 for 2026, and $7.2 for 2027.

What is Sonoco Products’s revenue forecast?

Sonoco Products's average annual revenue forecast for its fiscal year ending in December is $6.58B for 2024, a -2.90% decrease from the reported $6.78B in 2023. The forecast for 2025 is $8.11B, $8.63B for 2026, and $9.01B for 2027.

What is Sonoco Products’s net income forecast?

For its fiscal year ending in December, Sonoco Products's average annual net income forecast is $504.69M for 2024, reflecting an 6.26% increase from the reported $474.96M in 2023. The projection for 2025 is $603.98M, $673.56M for 2026, and $712.01M for 2027.