How to Buy Sonoco Products Co Stock
Sonoco Products Co
Sonoco Products Co is a packaging & container company located in South Carolina, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker SON on the NYSE exchange.
Sonoco Products Co stock last closed at $55.07, up 1.49% from the previous day, and has increased 1.34% in one year. It has underperformed other stocks in the Packaging & Containers industry by 0.14 percentage points. Sonoco Products Co stock is currently +14.21% from its 52-week low of $48.22, and -10.79% from its 52-week high of $61.73.
As of Sep 13, 2024, there are 98.26M shares of SON outstanding. The market value of SON is $5.41B. In the last 24 hours, 486,274 SON shares were traded.
How to Buy Sonoco Products Co Stock
Not sure how to invest in Sonoco Products Co stock? Here's how.
- Decide where to buy Sonoco Products Co stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Sonoco Products Co stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your payment method and add your info.
- Evaluate Sonoco Products Co stock: The Sonoco Products Co ticker symbol is SON. Is Sonoco Products Co stock a good investment? Should you buy shares of SON? How do SON's underlying business fundamentals look? Do top analysts think Sonoco Products Co is a good buy? Why has SON's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if SON is a good stock to buy).
- Execute your SON buy order: Decide if you will purchase SON shares at the current market price or use a limit order to purchase SON shares at a given price.
- Get notifications regarding your SON investment: Create a watchlist to important notifications about your new investment in Sonoco Products Co stock.
Step 1: Decide where to buy Sonoco Products Co stock
You need a brokerage account in order to access the NYSE market and buy SON stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you are able to buy SON today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've filled out your info on one of the most highly reviewed stock trading apps, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details depositing funds into your new investment account.
Step 4: Evaluate Sonoco Products Co stock
Once you have chosen the best place to buy Sonoco Products Co stock, it's absolutely critical to research their stock prior to investing, so you truly comprehend the risk and upside.
Sonoco Products Co shares quick numbers
SON Due Diligence Checks
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on SON's stock page.
Is SON stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SON's intrinsic value.
Using relative valuations measures:
- SON may be undervalued based on its P/E ratio of 14.76x, relative to Packaging & Containers industry P/E ratio of 17.57x
- SON may be undervalued based on its P/B ratio of 2.22x, relative to Packaging & Containers industry P/B ratio of 3.24x
- SON may be undervalued based on its PEG ratio of 0.73x
You can do additional valuation analysis on SON's stock here.
SON Financials at a glance
Pros:
- SON's operating cash flow of $809.82M allows it to safely service it's debt of $3.29B.
- There are more short-term assets than short-term liabilities on the SON balance sheet.
Cons:
- SON has a relatively high debt to equity ratio of 1.94.
- There are more long-term liabilities than short-term assets on the SON balance sheet.
- SON earnings of $603.30M is not sufficient to cover its interest payments.
- Total SON debt is higher than 5 years ago, relative to shareholder equity.
- SON profit margin has gone down from 6.9% to 5.6% in the past year.
Do analysts think it's a good time to buy SON stock
Out of 3 sell side analysts who research SON, the consensus analyst rating on Sonoco Products Co is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Sonoco Products Co stock forecast page.
SON Technical Indicators
Is SON Growing Revenue?
Last year, SON earnings were $367.98M. In the past 5 year, SON's earnings have grown by 4.24% per year. This was slower than the Packaging & Containers industry average of 9.66%.
Last year, SON revenue was $6.61B. Over the last five year, SON's revenue has grown by 4% per year. This was faster than the Packaging & Containers industry average of 3.72%.
You can research SON's earnings and revenue performance here.
Who is buying/selling SON?
Over the past year, insiders at SON have bought more shares than they have sold.
Adam Wood, VP PaperInd Converted Prod of SON, was the latest SON insider to sell. They sold $30,630.48 worth of SON stock on Mar 6, 2024.
Get more info about who owns SON stock here.
Does SON stock generate passive income?
Sonoco Products Co pays a dividend of 3.74%, compared to the Packaging & Containers industry's average dividend yield of 2.08%. If you owned $1,000 worth of SON stock, you would have been paid $37.41 in the past year.
Sonoco Products Co dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Sonoco Products Co dividend yield and history here.
What others are saying about SON
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your SON buy order
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.
Hit the Open button and eToro will place your order.
If you need additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your SON investment
Now that you own some shares in SON, you'll want to keep up with your shares.
Add SON to a watchlist to get notified of important updates regarding your SON stock.
SON Feed
How to Buy Stock in Sonoco Products Co
To summarize, here are the 6 steps you need to take to buy Sonoco Products Co stock right now:
- Decide where to buy Sonoco Products Co stock
- Open a brokerage account
- Fund your investment account
- Evaluate Sonoco Products Co stock
- Execute your SON buy order
- Get notifications regarding your SON investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Sonoco Products Co, hit the button below to create your watchlist.
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