Sonoco Products Company (SON) EPS Estimated At $0.86

September 25, 2018 - By Palma Niemeyer

Sonoco Products Company (NYSE:SON) LogoInvestors sentiment increased to 1.24 in Q2 2018. Its up 0.25, from 0.99 in 2018Q1. It improved, as 19 investors sold Sonoco Products Company shares while 95 reduced holdings. 44 funds opened positions while 97 raised stakes. 69.62 million shares or 3.34% more from 67.37 million shares in 2018Q1 were reported.
Dubuque National Bank & Trust And Tru owns 43 shares. Century Inc holds 0.17% or 3.17M shares. Strs Ohio holds 0% of its portfolio in Sonoco Products Company (NYSE:SON) for 10,543 shares. 63 were accumulated by Archford Strategies Limited Liability. Jefferies Gru Limited holds 24,204 shares. Raymond James Financial Advsrs stated it has 10,305 shares or 0% of all its holdings. Alliancebernstein Ltd Partnership owns 0% invested in Sonoco Products Company (NYSE:SON) for 56,258 shares. Legal General Plc holds 146,906 shares or 0.01% of its portfolio. Stifel Corp owns 184,752 shares. Old Republic Corp owns 351,800 shares or 0.57% of their US portfolio. Community Financial Bank Na reported 500 shares or 0% of all its holdings. Franklin Resource Inc invested in 0% or 7,686 shares. 287,063 were reported by Advisory Rech. Td Asset Management Inc stated it has 0% in Sonoco Products Company (NYSE:SON). Cwm Ltd Liability Com holds 22 shares.

Since April 20, 2018, it had 0 insider buys, and 13 sales for $3.09 million activity. On Thursday, April 26 Thompson Marcy J sold $58,353 worth of Sonoco Products Company (NYSE:SON) or 1,101 shares. McLeland Allan H sold 11,521 shares worth $622,134. Another trade for 1,067 shares valued at $56,551 was sold by SCHRUM ROGER P. MAHONEY KEVIN P sold $56,410 worth of stock. $104,946 worth of Sonoco Products Company (NYSE:SON) was sold by Fuller Rodger D on Thursday, July 26. On Tuesday, July 24 the insider Saunders Barry L sold $367,514.

Analysts expect Sonoco Products Company (NYSE:SON) to report $0.86 EPS on October, 18.They anticipate $0.10 EPS change or 13.16 % from last quarter’s $0.76 EPS. SON’s profit would be $85.67 million giving it 16.43 P/E if the $0.86 EPS is correct. After having $0.93 EPS previously, Sonoco Products Company’s analysts see -7.53 % EPS growth. The stock decreased 0.39% or $0.22 during the last trading session, reaching $56.51. About 375,351 shares traded. Sonoco Products Company (NYSE:SON) has risen 18.21% since September 25, 2017 and is uptrending. It has outperformed by 2.59% the S&P500.

Sonoco Products Company (NYSE:SON) Ratings Coverage

Among 5 analysts covering Sonoco Products (NYSE:SON), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Sonoco Products had 5 analyst reports since April 2, 2018 according to SRatingsIntel. The stock of Sonoco Products Company (NYSE:SON) earned “Hold” rating by KeyBanc Capital Markets on Thursday, April 19. The stock of Sonoco Products Company (NYSE:SON) has “Equal-Weight” rating given on Monday, July 23 by Barclays Capital. On Friday, April 20 the stock rating was downgraded by Vertical Research to “Hold”. The company was downgraded on Monday, April 2 by Bank of America.

Sonoco Products Company manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company has market cap of $5.63 billion. The firm operates through four divisions: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions. It has a 23.55 P/E ratio. The Consumer Packaging segment offers composite and thermoformed plastic round and shaped rigid containers and trays; extruded and injection-molded plastic products; printed flexible packaging products; brand artwork management; and metal and peelable membrane ends and closures.

More news for Sonoco Products Company (NYSE:SON) were recently published by: Globenewswire.com, which released: “Sonoco’s Hartsville Paper Operations Temporarily Shut Following Hurricane Florence Flooding” on September 18, 2018. Globenewswire.com‘s article titled: “Sonoco Donates $50000 to Hurricane Florence Relief” and published on September 18, 2018 is yet another important article.

Sonoco Products Company (NYSE:SON) Institutional Positions Chart

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