Sonoco Products Stock Target Price and Analyst Consensus

SON Stock  USD 51.92  1.00  1.96%   
The current analyst and expert consensus on Sonoco Products is Buy, with 1 strong sell and 3 strong buy opinions. The current projected Sonoco Products target price consensus is 61.60 with 8 analyst opinions. Check out Macroaxis Advice on Sonoco Products to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.
The most common way Sonoco Products analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Sonoco Products executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Sonoco Products. We strongly encourage you to use your own analysis of Sonoco Products to validate this buy or sell advice. Sonoco Products buy-or-sell recommendation module provides average expert sentiment on the projected Sonoco Products target price to derive its highest and lowest estimates based on projected price volatility of 1.0904.
Lowest Forecast
56.06
Highest Forecast
68.38
Target Price
61.6
As of the 25th of November 2024, Gross Profit Margin is likely to grow to 0.24, while Gross Profit is likely to drop about 798.9 M. At this time, Sonoco Products' Non Currrent Assets Other are very stable compared to the past year. As of the 25th of November 2024, Common Stock Shares Outstanding is likely to grow to about 110.4 M, while Other Current Liabilities is likely to drop about 235.4 M.
  
It's important to approach Sonoco Products' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Sonoco Products price targets

Sonoco Products' stock target price is an estimate of its future price, usually made by analysts. Using Sonoco Products' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Sonoco Products' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Sonoco Products' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Sonoco Products Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Sonoco Products is a key component of Sonoco Products valuation and have some predictive power on the future returns of a Sonoco Products.
Hype
Prediction
LowEstimatedHigh
49.8250.8851.94
Details
Intrinsic
Valuation
LowRealHigh
45.8356.6757.73
Details
Naive
Forecast
LowNextHigh
50.0451.1052.16
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.261.221.29
Details

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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 Macroaxis Advice on Sonoco Products to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.