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NYSE: SON
Sonoco Products Co Stock Forecast, Predictions & Price Target

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EarningsDividendOwnership

Analyst price target for SON

Based on 5 analysts offering 12 month price targets for Sonoco Products Co.
Min Forecast
$60.00+1.83%
Avg Forecast
$63.80+8.28%
Max Forecast
$66.00+12.02%

Should I buy or sell SON stock?

Based on 6 analysts offering ratings for Sonoco Products Co.
Hold
Strong Buy
1 analysts 16.67%
Buy
1 analysts 16.67%
Hold
3 analysts 50%
Sell
1 analysts 16.67%
Strong Sell
0 analysts 0%

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SON stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 4%
97
Strong BuyInitiates Coverage On$66.00+12.02%2022-07-01
Seaport Global
Top 14%
87
HoldDowngradesN/AN/A2022-04-22
Wells Fargo
Bottom 12%
12
HoldMaintains$64.00+8.62%2022-04-19
UBS
Top 12%
89
HoldMaintains$60.00+1.83%2022-01-04
Seaport Global
Top 36%
65
BuyUpgrades$66.00+12.02%2021-12-21
Bank of America
Top 32%
69
SellDowngrades$63.00+6.92%2021-10-14

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Forecast return on equity

Is SON forecast to generate an efficient return?
Company
N/A
Industry
46.14%
Market
122.06%

Forecast return on assets

Is SON forecast to generate an efficient return on assets?
Company
N/A
Industry
4.67%

SON earnings per share forecast

What is SON's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$6.33+47.55%
Avg 2 year Forecast
$6.08+41.72%
Avg 3 year Forecast
$6.48+51.05%
SON's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SON revenue forecast

What is SON's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$7.5B+14.12%
Avg 2 year Forecast
$7.6B+16.06%
Avg 3 year Forecast
$7.5B+15.4%
SON's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SON earnings growth forecast

How is SON forecast to perform vs Packaging & Containers companies and vs the US market?
Company
13.01%
Industry
15.89%
Market
16.88%
SON's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SON's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SON's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SON revenue growth forecast

How is SON forecast to perform vs Packaging & Containers companies and vs the US market?
Company
5.18%
Industry
3.54%
Market
8.53%
SON's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SON's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SON vs Packaging & Container Stocks

TickerPricePrice TargetUp/downsideConsensus
SON$58.92$63.80+8.28%Hold
REYN$26.85$30.00+11.73%Hold
BERY$48.96$71.20+45.42%Buy
ATR$98.18$129.60+32.00%Buy
GPK$20.88$25.33+21.33%Strong Buy
View Top Packaging & Container Stocks

Sonoco Products Co Stock Forecast FAQ

Is Sonoco Products Co Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: SON) stock is to Hold SON stock.

Out of 6 analysts, 1 (16.67%) are recommending SON as a Strong Buy, 1 (16.67%) are recommending SON as a Buy, 3 (50%) are recommending SON as a Hold, 1 (16.67%) are recommending SON as a Sell, and 0 (0%) are recommending SON as a Strong Sell.

If you're new to stock investing, here's how to buy Sonoco Products Co stock.

What is SON's earnings growth forecast for 2022-2024?

(NYSE: SON) Sonoco Products Co's forecast annual earnings growth rate of 13.01% is not forecast to beat the US Packaging & Containers industry's average forecast earnings growth rate of 15.89%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Sonoco Products Co's earnings in 2022 is $423,302,000.On average, 4 Wall Street analysts forecast SON's earnings for 2022 to be $617,213,334, with the lowest SON earnings forecast at $611,362,971, and the highest SON earnings forecast at $624,038,758. On average, 4 Wall Street analysts forecast SON's earnings for 2023 to be $592,836,820, with the lowest SON earnings forecast at $536,283,308, and the highest SON earnings forecast at $624,038,758.

In 2024, SON is forecast to generate $631,839,243 in earnings, with the lowest earnings forecast at $631,839,243 and the highest earnings forecast at $631,839,243.

What is SON's revenue growth forecast for 2022-2024?

(NYSE: SON) Sonoco Products Co's forecast annual revenue growth rate of 5.18% is forecast to beat the US Packaging & Containers industry's average forecast revenue growth rate of 3.54%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Sonoco Products Co's revenue in 2022 is $6,538,694,000.On average, 3 Wall Street analysts forecast SON's revenue for 2022 to be $727,562,888,176, with the lowest SON revenue forecast at $723,998,066,769, and the highest SON revenue forecast at $731,295,420,000. On average, 3 Wall Street analysts forecast SON's revenue for 2023 to be $739,947,132,349, with the lowest SON revenue forecast at $722,422,368,904, and the highest SON revenue forecast at $764,057,454,816.

In 2024, SON is forecast to generate $735,724,145,064 in revenue, with the lowest revenue forecast at $735,724,145,064 and the highest revenue forecast at $735,724,145,064.

What is SON's forecast return on assets (ROA) for 2022-2025?

(NYSE: SON) forecast ROA is N/A, which is lower than the forecast US Packaging & Containers industry average of 4.67%.

What is SON's Price Target?

According to 5 Wall Street analysts that have issued a 1 year SON price target, the average SON price target is $63.80, with the highest SON stock price forecast at $66.00 and the lowest SON stock price forecast at $60.00.

On average, Wall Street analysts predict that Sonoco Products Co's share price could reach $63.80 by Jul 1, 2023. The average Sonoco Products Co stock price prediction forecasts a potential upside of 8.28% from the current SON share price of $58.92.

What is SON's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: SON) Sonoco Products Co's current Earnings Per Share (EPS) is $4.29. On average, analysts forecast that SON's EPS will be $6.33 for 2022, with the lowest EPS forecast at $6.27, and the highest EPS forecast at $6.40. On average, analysts forecast that SON's EPS will be $6.08 for 2023, with the lowest EPS forecast at $5.50, and the highest EPS forecast at $6.40. In 2024, SON's EPS is forecast to hit $6.48 (min: $6.48, max: $6.48).

What is SON's forecast return on equity (ROE) for 2022-2025?

(NYSE: SON) forecast ROE is N/A, which is considered weak.
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