EPS for Sonoco Products Company (SON) forecasted at $0.72

Tuesday, 17 Apr, 2018

Endurance Wealth Mngmt invested in 0.07% or 2,383 shares. Bb&T reported 6,864 shares. The SI to Sonoco Products Company's float is 2.27%. On during the last trading session the stock increased $0.88 or 1.78%, reaching $50.2.Sonoco Products Company is downtrending after having declined 10.66% since April 14, 2017. SON has 676,009 volume or 30.32% up from normal. SON underperformed by 22.21% the S&P 500. The institutional investor held 77,335 shares of the health care company at the end of 2017Q4, valued at $16.55M, up from 62,534 at the end of the previous reported quarter. Duncker Streett & Company Inc acquired 29,663 shares as Bank Amer Corp (BAC)'s stock declined 1.20%. The industrial products company reported $0.72 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by ($0.01). The stock increased 0.40% or $0.65 during the last trading session, reaching $164.52. 215.77 million shares or 9.23% more from 197.53 million shares in 2017Q3 were reported. Becton, Dickinson and Company (NYSE:BDX) has risen 15.92% since April 15, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Investors sentiment increased to 1.21 in 2017 Q4. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 1.09.

Several institutional investors and hedge funds have recently bought and sold shares of SON. 147 funds opened positions while 670 raised stakes. (NASDAQ:FB). Gideon Capital Advsr accumulated 0.85% or 5,467 shares. Cetera Advisor Limited Com reported 60,697 shares or 0.45% of all its holdings. Connable Office invested in 0.61% or 14,556 shares. Mendon Cap Advisors holds 1.27% or 450,600 shares in its portfolio. Employees Retirement System Of Texas, a Texas-based fund reported 536,942 shares. Walter & Keenan Financial Consulting Mi Adv reported 19,234 shares. Ameriprise holds 0% or 91,583 shares. Neumann Management Lc accumulated 121,225 shares or 2.19% of the stock. Bp Public Lc holds 1.22% or 1.16M shares in its portfolio. Bankshares invested in 0.09% or 15,992 shares. Community Tru & Co holds 994,182 shares. During the same period in the prior year, the company earned $0.62 EPS. research analysts expect that Sonoco will post 3.2 EPS for the current fiscal year. Therefore 33% are positive. The firm has "Equal-Weight" rating given on Monday, January 4 by Morgan Stanley.

Speece Thorson Capital Incorporated holds 342,876 shs or 3.62% of its capital. The company has a market capitalization of $4,825.12, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 3.24 and a beta of 1.19. On Thursday, April 7 the stock rating was maintained by JP Morgan with "Overweight". The rating was maintained by UBS with "Buy" on Friday, August 5.

Sonoco Products Company had 2 insider sales and 0 buys since October 20, 2017. 727 shares were sold by ARTHUR VICKI B, worth $38,531.

Investors sentiment decreased to 1.14 in Q4 2017. Its down 0.14, from 0.9 in 2017Q3. The ratio turned negative due to Sonoco Products Company positioning: 27 sold and 105 reduced. 51 funds amassed holdings and 100 increased holdings. Orrstown has 0% invested in Sonoco Products Company (NYSE:SON) for 25 shares. Brookstone Cap Mngmt accumulated 7,837 shares or 0.04% of the stock.

Sonoco Products (NYSE:SON) last announced its quarterly earnings data on Thursday, February 15th. Advisory Service Networks Limited Company has 0.08% invested in Sonoco Products Company (NYSE:SON). Wagner Bowman Mgmt holds 0.09% or 4,849 shares in its portfolio. Grandfield & Dodd Limited Liability reported 6,425 shares or 0.04% of all its holdings. Schroder Inv Management Gru holds 0.04% or 464,368 shares in its portfolio. On Sunday, December 3 KeyBanc Capital Markets maintained Sonoco Products Company (NYSE:SON) with "Hold" rating. Vertical Research upgraded Sonoco Products Company from a "sell" rating to a "hold" rating in a report on Monday, October 24th. Comerica Bancorporation holds 84,734 shares. First Midwest Bank Trust Division raised its stake in Sonoco Products Company by 0.3% in the third quarter. Sonoco Products Company had 39 analyst reports since August 7, 2015 according to SRatingsIntel. Livforsakringsbolaget Skandia Omsesidigt holds 56,200 shares.

Sonoco Products Company is engaged in manufacturing of industrial and consumer packaging products, and providing packaging services. Ameritas Investment Partners Inc who had been investing in Sonoco Prods Co for a number of months, seems to be bullish on the $5.00B market cap company. The company operates through four segments: Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products, and Protective Solutions. It has a 28.85 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. The stock has "Hold" rating by Jefferies on Monday, June 26. DA Davidson downgraded the shares of SON in report on Monday, April 11 to "Underperform" rating. The stock of Sonoco Products Company (NYSE:SON) earned "Underweight" rating by Barclays Capital on Friday, October 20. On Friday, November 10 the company was maintained by Robert W. Baird. The company was upgraded on Wednesday, September 6 by Bank of America. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock.

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