Sonoco Products Stock Price on September 30, 2024
| SON Stock | USD 53.96 0.25 0.46% |
Below is the normalized historical share price chart for Sonoco Products extending back to March 17, 1980. 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 53.96, as last reported on the 30th of September, with the highest price reaching 54.80 and the lowest price hitting 53.84 during the day.
If you're considering investing in Sonoco Stock, it is important to understand the factors that can impact its price. As of now, Sonoco Stock is very steady. Sonoco Products owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sonoco Products, which you can use to evaluate the volatility of the company. Please validate Sonoco Products' Risk Adjusted Performance of 0.0632, semi deviation of 1.25, and Coefficient Of Variation of 1357.69 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
At this time, Sonoco Products' Common Stock Shares Outstanding is very stable compared to the past year. As of the 30th of September 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 30th of September 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.
IPO Date 11th of June 1985 | 200 Day MA 55.701 | 50 Day MA 52.869 | Beta 0.674 |
Sonoco |
Sharpe Ratio = 0.1291
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Estimated Market Risk
| 1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sonoco Products is performing at about 10% of its full potential. 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 it to a well-diversified portfolio.
Price Book 2.1878 | Enterprise Value Ebitda 8.8989 | Price Sales 0.8062 | Shares Float 97.3 M | Dividend Share 2.05 |
Sonoco Products Valuation on September 30, 2024
It is possible to determine the worth of Sonoco Products on a given historical date. On September 30, 2024 Sonoco was worth 54.21 at the beginning of the trading date compared to the closed value of 53.96. 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 | |
| 54.66 | 54.80 | 53.84 | 54.21 | 609,585 | |
09/30/2024 | 54.21 | 54.80 | 53.84 | 53.96 | 0.00 |
| Backtest Sonoco Products | | | Sonoco Products History | | | Sonoco Products Valuation | Previous |
Sonoco Products Trading Date Momentum on September 30, 2024
| On September 30 2024 Sonoco Products was traded for 53.96 at the closing time. Highest Sonoco Products's price during the trading hours was 54.80 and the lowest price during the day was 53.84 . There was no trading activity during the period 0.0. Lack of trading volume on the 30th of September did not result in any price rise and fall. The trading price change to current price is 0.46% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 98.9 M | 110.4 M | |
| Net Income Applicable To Common Shares | 536.4 M | 563.2 M |
Sonoco Products Quarterly Net Working Capital |
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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.
Price Boundaries
Sonoco Products Period Price Range
Low | September 30, 2024
| High |
0.00 | 0.00 |
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 September 30, 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.
| Risk Adjusted Performance | 0.0632 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0956 |
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Additional Information and Resources on Investing in Sonoco Stock
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 (0.21) | Dividend Share 2.05 | Earnings Share 3.71 | Revenue Per Share 67.104 | Quarterly Revenue Growth (0.05) |
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.