Sonoco Products Company's stock price stands at $49.88, experiencing a decrease of -36.5 cents (-0.726%) from the previous close of $50.25. Notable insider trading activity by CFO Joachimczyk Paul with a purchase of $399,998 worth of shares on Friday, April 24th. The trading volume is $374,990, representing a 31.97% increase relative to the average.
The latest quarterly earnings report for Sonoco Products Company was released on Monday, April 20th. The consensus estimate for EPS was 1.17. The latest quarterly revenue consensus estimate is $1.71 billion.
Sonoco Products Company offers a forward dividend yield of 4.33%. The dividend per share MRQ is 53 cents, showing a year-over-year increase of 1.9324 cents. The trailing twelve months dividend per share is $2.66.
Citigroup upgraded Sonoco Products Company's grade from "Buy" to "Hold" on April 23, with a price of $47.58 when published.
Sonoco Products Company reported a net change in cash of -$153.92 million, ending the period with $224.48 million in cash. Operating cash flow was -$367.93 million, with debt repayment of -$358.66 million.
The company achieved a net income of $67.60 million, resulting in an EPS of 68 cents. Operating income stood at $144 million, with revenue of $1.68 billion and gross profit of $345.63 million.
Key ratios for Sonoco Products Company include a net profit margin of 4.03%, return on equity of 1.88%, and a price-to-earnings ratio of 19.61.
Sonoco Products Company's total assets amount to $11 billion, with total liabilities at $7.48 billion. The company holds $224.48 million in cash and cash equivalents.
This financial report provides a comprehensive overview of Sonoco Products Company's current standing and performance in the market.
Sonoco Products Company, together with its subsidiaries, manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through two segments: Consumer Packaging and Industrial Paper Packaging. The Consumer Packaging segment round and shaped rigid paper containers; metal and peelable membrane ends and closures; thermoformed plastic trays and containers; printed flexible packaging; and global brand artwork management. The Industrial Paper Packaging segment provides fiber-based tubes, cones, and cores; fiber-based construction tubes; fiber-based protective packaging and components; wooden, metal, and composite wire and cable, as well as reels and spools; and recycled paperboard, corrugating medium, recovered paper, and material recycling services. Sonoco Products Company offers thermoformed rigid plastic trays and devices; custom-engineered molded foam protective packaging and components; temperature-assured packaging; injection molded and extruded containers, spools, and parts; retail security packaging, including printed backer cards, thermoformed blisters, and heat-sealing equipment; and paper amenities. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.