For its first fiscal quarter (ending March 31), Sonoco Products Co (NYSE: SON) has reported a -56% decline in E.P.S. from $1.51 a year ago to $0.66 in the current quarter. E.P.S. were $3.98 for the latest four quarters through March 31 versus $5.09 for the same period a year ago — a decline of -22%.
Recent Price Action
Sonoco Products Co (NYSE: SON) stock declined by -2.1% on 4/30/24. The shares closed at $56.05. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -0.6% during the last week.
Current PriceTarget Research Rating
SON’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Sonoco Products has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Sonoco Products has a neutral Appreciation Score of 54 and a neutral Power Rating of 56, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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