Sonoco Products Stock Price Prediction
| SON Stock | USD 56.80 1.19 2.14% |
Oversold Vs Overbought
46
Oversold | Overbought |
Sonoco Products stock price prediction is an act of determining the future value of Sonoco Products shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Sonoco Products' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Sonoco Products and does not consider all of the tangible or intangible factors available from Sonoco Products' fundamental data. We analyze noise-free headlines and recent hype associated with Sonoco Products, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Sonoco Products' stock price prediction:Quarterly Earnings Growth (0.56) | EPS Estimate Next Quarter 1.3 | EPS Estimate Current Year 5.05 | EPS Estimate Next Year 5.44 | Wall Street Target Price 61.4 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Sonoco Products based on different types of headlines from major news networks to social media. The Sonoco stock price prediction module provides an analysis of price elasticity to changes in media outlook on Sonoco Products over a specific investment horizon. Using Sonoco Products hype-based prediction, you can estimate the value of Sonoco Products from the perspective of Sonoco Products response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Sonoco Products using Sonoco Products' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Sonoco using crowd psychology based on the activity and movement of Sonoco Products' stock price.
Sonoco Products Short Interest
A significant increase or decrease in Sonoco Products' short interest from the previous month could be a good indicator of investor sentiment towards Sonoco. Short interest can provide insight into the potential direction of Sonoco Products stock and how bullish or bearish investors feel about the market overall. An investor who is long Sonoco Products may also wish to track short interest. As short interest increases, investors should be becoming more worried about Sonoco Products and may potentially protect profits, hedge Sonoco Products with its derivative instruments, or be ready for some potential downside.
200 Day MA 55.9691 | Short Percent 0.0167 | Short Ratio 2.73 | Shares Short Prior Month 984 K | 50 Day MA 56.917 |
Sonoco Products Hype to Price Pattern
Investor biases related to Sonoco Products' public news can be used to forecast risks associated with an investment in Sonoco. The trend in average sentiment can be used to explain how an investor holding Sonoco can time the market purely based on public headlines and social activities around Sonoco Products. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Sonoco Products' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Sonoco Products.
Sonoco Products Implied Volatility | 31.76 |
Sonoco Products' implied volatility exposes the market's sentiment of Sonoco Products stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Sonoco Products' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Sonoco Products stock will not fluctuate a lot when Sonoco Products' options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Sonoco Products. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Sonoco Products to buy its stock at a price that has no basis in reality. In that case, they are not buying Sonoco because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Sonoco Products after-hype prediction price | USD 56.8 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Sonoco contract
Based on the Rule 16, the options market is currently suggesting that Sonoco Products will have an average daily up or down price movement of about 1.98% per day over the life of the 2024-05-17 option contract. With Sonoco Products trading at USD 56.8, that is roughly USD 1.13 . If you think that the market is fully incorporating Sonoco Products' daily price movement you should consider acquiring Sonoco Products options at the current volatility level of 31.76%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sonoco |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sonoco Products' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sonoco Products After-Hype Price Prediction Density Analysis
As far as predicting the price of Sonoco Products at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Sonoco Products or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Sonoco Products, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Sonoco Products Estimiated After-Hype Price Volatility
In the context of predicting Sonoco Products' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Sonoco Products' historical news coverage. Sonoco Products' after-hype downside and upside margins for the prediction period are 55.66 and 57.94, respectively. We have considered Sonoco Products' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Sonoco Products is very steady at this time. Analysis and calculation of next after-hype price of Sonoco Products is based on 3 months time horizon.
Sonoco Products Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Sonoco Products is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sonoco Products backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Sonoco Products, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.03 | 1.14 | 0.00 | 0.01 | 11 Events / Month | 3 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
56.80 | 56.80 | 0.00 |
|
Sonoco Products Hype Timeline
On the 4th of May Sonoco Products is traded for 56.80. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Sonoco is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at 0.03%. %. The volatility of related hype on Sonoco Products is about 331.4%, with the expected price after the next announcement by competition of 56.81. About 79.0% of the company shares are owned by institutional investors. The book value of Sonoco Products was at this time reported as 24.63. The company last dividend was issued on the 9th of May 2024. Sonoco Products had 11:10 split on the 13th of May 1998. Considering the 90-day investment horizon the next estimated press release will be in about 11 days. Check out Sonoco Products Basic Forecasting Models to cross-verify your projections.Sonoco Products Related Hype Analysis
Having access to credible news sources related to Sonoco Products' direct competition is more important than ever and may enhance your ability to predict Sonoco Products' future price movements. Getting to know how Sonoco Products' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Sonoco Products may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BALL | Ball Corporation | 3.30 | 9 per month | 0.69 | 0.16 | 2.29 | (1.63) | 9.22 | |
| SLGN | Silgan Holdings | (0.94) | 11 per month | 1.35 | (0.04) | 1.96 | (2.49) | 7.31 | |
| REYN | Reynolds Consumer Products | (0.13) | 11 per month | 0.88 | 0.01 | 1.42 | (1.62) | 4.34 | |
| MYE | Myers Industries | (0.05) | 10 per month | 1.29 | 0.14 | 2.92 | (2.39) | 9.12 | |
| KRT | Karat Packaging | (0.46) | 8 per month | 2.50 | 0.05 | 4.32 | (2.90) | 17.36 |
Sonoco Products Additional Predictive Modules
Most predictive techniques to examine Sonoco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sonoco using various technical indicators. When you analyze Sonoco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Sonoco Products Predictive Indicators
The successful prediction of Sonoco Products stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Sonoco Products, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Sonoco Products based on analysis of Sonoco Products hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Sonoco Products's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Sonoco Products's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.031 | 0.0314 | 0.0359 | 0.0243 | Price To Sales Ratio | 1.03 | 0.82 | 0.81 | 0.71 |
Story Coverage note for Sonoco Products
The number of cover stories for Sonoco Products depends on current market conditions and Sonoco Products' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Sonoco Products is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Sonoco Products' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
View All Premium Stories
Sonoco Products Short Properties
Sonoco Products' future price predictability will typically decrease when Sonoco Products' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Sonoco Products often depends not only on the future outlook of the potential Sonoco Products' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sonoco Products' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 98.9 M | |
| Cash And Short Term Investments | 151.9 M |
Check out Sonoco Products Basic Forecasting Models to cross-verify your projections. To learn how to invest in Sonoco Stock, please use our How to Invest in Sonoco Products guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Sonoco Stock analysis
When running Sonoco Products' price analysis, check to measure Sonoco Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonoco Products is operating at the current time. Most of Sonoco Products' value examination focuses on studying past and present price action to predict the probability of Sonoco Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonoco Products' price. Additionally, you may evaluate how the addition of Sonoco Products to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
Is Sonoco Products' industry 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 (0.56) | Dividend Share 2.04 | Earnings Share 3.96 | Revenue Per Share 67.994 | 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.