Yahoo Finance Sonoco (SON) is a Top-Ranked Value Stock: Should You Buy?
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Sonoco (SON)
Incorporated in 1899, Hartsville, SC-based Sonoco Products is a leading provider of consumer packaging, industrial products, protective packaging and packaging supply chain services. The company manufactures paperboard, primarily from recycled materials, for both internal use and open market sale.
SON is a Zacks Rank #3 (Hold) stock, with a Value Style Score of B and VGM Score of A. Shares are currently trading at a forward P/E of 9.3X for the current fiscal year compared to the Containers - Paper and Packaging industry's P/E of 11.1X. Additionally, SON has a PEG Ratio of 1.9 and a Price/Cash Flow ratio of 9.9X. Value investors should also note SON's Price/Sales ratio of 0.8X.
A company's earnings performance is important for value investors as well. For fiscal 2022, four analysts revised their earnings estimate higher in the last 60 days for SON, while the Zacks Consensus Estimate has increased $0.14 to $6.47 per share. SON also holds an average earnings surprise of 6.2%.
Investors should take the time to consider SON for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Sonoco Products Company (SON) : Free Stock Analysis Report
