Sonoco Products Stock Price on November 12, 2024

SON Stock  USD 49.42  0.36  0.73%   
Below is the normalized historical share price chart for Sonoco Products extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sonoco Products stands at 49.42, as last reported on the 20th of December, with the highest price reaching 50.55 and the lowest price hitting 49.21 during the day.
IPO Date
11th of June 1985
200 Day MA
54.3108
50 Day MA
51.7198
Beta
0.677
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sonoco Stock, it is important to understand the factors that can impact its price. Sonoco Products owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Sonoco Products exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sonoco Products' Variance of 1.09, risk adjusted performance of (0.13), and Coefficient Of Variation of (611.19) to confirm the risk estimate we provide.
  
At this time, Sonoco Products' Common Stock Shares Outstanding is very stable compared to the past year. As of the 20th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 7.6 B, while Total Stockholder Equity is likely to drop about 1.3 B. . At this time, Sonoco Products' Price Earnings To Growth Ratio is very stable compared to the past year. As of the 20th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 7.91, while Price To Sales Ratio is likely to drop 0.71. Sonoco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1194

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Estimated Market Risk

 1.05
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sonoco Products is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sonoco Products by adding Sonoco Products to a well-diversified portfolio.
Price Book
1.9446
Enterprise Value Ebitda
8.9483
Price Sales
0.7497
Shares Float
97.3 M
Dividend Share
2.06

Related Headline

AptarGroup Headline on 12th of November 2024

Filed transaction by AptarGroup Officer: Segment President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Sonoco Products Valuation on November 12, 2024

It is possible to determine the worth of Sonoco Products on a given historical date. On November 12, 2024 Sonoco was worth 50.76 at the beginning of the trading date compared to the closed value of 50.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonoco Products stock. Still, in general, we apply an absolute valuation method to find Sonoco Products' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sonoco Products where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonoco Products' related companies.
 Open High Low Close Volume
  50.99    51.40    50.65    50.67    417,891  
11/12/2024
  50.76    50.95    50.53    50.77    841,312  
  50.51    50.78    50.26    50.71    634,751  
Backtest Sonoco Products  |  Sonoco Products History  |  Sonoco Products Valuation   PreviousNext  
Open Value
50.76
50.77
Closing Value
53.92
Upside

Sonoco Products Trading Date Momentum on November 12, 2024

On November 13 2024 Sonoco Products was traded for  50.71  at the closing time. Highest Sonoco Products's price during the trading hours was 50.78  and the lowest price during the day was  50.26 . The net volume was 634.8 K. The overall trading history on the 13th of November 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.12% . The trading price change to current price is 1.18% .

Sonoco Products Fundamentals Correlations and Trends

By evaluating Sonoco Products' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sonoco Products' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sonoco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sonoco Products Stock history

Sonoco Products investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sonoco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sonoco Products will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sonoco Products stock prices may prove useful in developing a viable investing in Sonoco Products
Last ReportedProjected for Next Year
Common Stock Shares Outstanding98.9 M110.4 M
Net Income Applicable To Common Shares536.4 M563.2 M

Sonoco Products Quarterly Net Working Capital

2.29 Billion

Sonoco Products Stock Technical Analysis

Sonoco Products technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Sonoco Products technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sonoco Products trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sonoco Products Period Price Range

Low
December 20, 2024
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High

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Sonoco Products cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sonoco Products December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Sonoco Products stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonoco Products shares will generate the highest return on investment. By undertsting and applying Sonoco Products stock market strength indicators, traders can identify Sonoco Products entry and exit signals to maximize returns

Sonoco Products Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sonoco Products' price direction in advance. Along with the technical and fundamental analysis of Sonoco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sonoco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Sonoco Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonoco Products' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonoco Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonoco Products Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonoco Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Paper & Plastic Packaging Products & Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonoco Products. If investors know Sonoco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonoco Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Dividend Share
2.06
Earnings Share
2.91
Revenue Per Share
66.695
Quarterly Revenue Growth
(0.02)
The market value of Sonoco Products is measured differently than its book value, which is the value of Sonoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sonoco Products' value that differs from its market value or its book value, called intrinsic value, which is Sonoco Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonoco Products' market value can be influenced by many factors that don't directly affect Sonoco Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonoco Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonoco Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonoco Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.