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Sonoco Products Company (SON)

NYSE - Nasdaq Real-time price. Currency in USD
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49.80+0.11 (+0.22%)
As of 12:48PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous close49.69
Open49.61
Bid49.75 x 900
Ask49.77 x 800
Day's range49.60 - 50.46
52-week range37.30 - 62.77
Volume116,879
Avg. volume398,087
Market cap4.999B
Beta (5Y monthly)0.79
PE ratio (TTM)18.51
EPS (TTM)2.69
Earnings date22 Oct 2020
Forward dividend & yield1.72 (3.42%)
Ex-dividend date07 Aug 2020
1y target est56.00
  • GlobeNewswire

    Sonoco ThermoSafe’s New Pegasus ULD® Receives FAA Approval

    ARLINGTON HEIGHTS, Ill., Sept. 15, 2020 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and the leading global provider of temperature assurance packaging for life sciences and healthcare, announced that its new Pegasus ULD® bulk temperature controlled container has received FAA (Federal Aviation Administration) approval as a unit load device (ULD).  The Pegasus ULD® is the world’s first passive bulk temperature-controlled container for pharmaceutical use that is an FAA-approved unit load device, which allows it to speed through existing international ground handling and customs processes at the lowest possible cost. FAA approval officially enables reciprocal EASA (European Aviation Safety Agency) approval, which is anticipated in the very near future. Engineered with composite materials, the Pegasus ULD® will offer a lighter solution that is substantially more damage-resistant than traditional metal containers. Additionally, the Pegasus contains a fully integrated, FAA (Federal Aviation Administration) approved telemetry system, providing real-time, cloud-based data on payload and ambient temperature and key environmental factors, precisely synchronized with GPS location. To create the Pegasus ULD, Sonoco ThermoSafe signed a long-term exclusive development and manufacturing agreement with AEROTUF, a leading supplier of innovative composite ULD containers (www.aerotuf.com). The partnership combines ThermoSafe’s expertise in thermal engineering and pharmaceutical logistics with AEROTUF’s materials science and aeronautical engineering capabilities. The first Pegasus ULD will be the AKP size, which fits a full US pallet and shares the same footprint of the AKE size without the imbalanced overhang section which accounts for over 80% of transit damage in AKE/RKN containers.“FAA approval of our new Pegasus ULD® is an important milestone and puts us another step closer to our launch date for the rental program,” said Ron Haub, Segment Director for Sonoco ThermoSafe. “This approval accelerates the adoption of the Pegasus ULD across the worldwide air freight marketplace during the world’s most dire need for distribution of temperature-sensitive vaccines, treatments, and therapies.”Visit https://www.thermosafe.com/pegasus-uld to learn more.About Sonoco ThermoSafe Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON), is a leading global provider of temperature assurance packaging for the safe and efficient transport of pharmaceuticals, biologics, vaccines and other temperature-sensitive products. Sonoco ThermoSafe shipping solutions mitigate risk for customers and ensure product efficacy throughout the extremes of a supply chain. With operations in the Americas, Europe and Asia, Sonoco ThermoSafe has a vast product offering featuring industry-leading technology that encompasses refrigerated, frozen or controlled room temperature applications. In addition, Sonoco ThermoSafe's ISC Labs® deliver individualized design and testing services and innovative packaging solutions along with qualification and validation services to meet all regulatory requirements. More information can be found at www.thermosafe.com.About Sonoco Founded in 1899, Sonoco (NYSE: SON) is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5 billion, the Company has 21,000 employees working in more than 300 operations in 33 countries, serving some of the world’s best known brands in some 85 nations. Sonoco is committed to Better Packaging. Better Life., and ranked first in the Packaging sector on Fortune’s World’s Most Admired Companies 2018-2019-2020 list. For more information visit www.sonoco.com. CONTACT: Contact: Brian Risinger +843-383-7509 brian.risinger@sonoco.com

  • We're Watching These Trends At Sonoco Products (NYSE:SON)
    Simply Wall St.

    We're Watching These Trends At Sonoco Products (NYSE:SON)

    What are the early trends we should look for to identify a stock that could multiply in value over the long term...

  • GlobeNewswire

    Sonoco ThermoSafe and ACL Airshop Announce Agreement for Handling and Repair of Pegasus ULD Temperature Controlled Bulk Shippers

    ARLINGTON HEIGHTS, Ill., Aug. 27, 2020 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and the leading global provider of temperature assurance packaging for life sciences and healthcare, and ACL Airshop, a leader in cargo support equipment and logistics solutions for over 200 of the world’s airlines and air cargo carriers, announced a global agreement for the handling and repair of Sonoco ThermoSafe’s Pegasus ULD bulk temperature controlled containers. The Pegasus ULD™ is the world’s first passive bulk temperature controlled container for pharmaceutical use that is an approved unit load device, which allows it to speed through existing international ground handling and customs processes at the lowest possible cost. Engineered with composite materials, the unit load device will offer a lighter solution that is substantially more damage-resistant than traditional metal containers. Additionally, the Pegasus contains a fully integrated, FAA (Federal Aviation Administration) approved telemetry system, providing real-time, cloud-based data on payload and ambient temperature and key environmental factors, precisely synchronized with GPS location.ACL Airshop, headquartered in Greenville, S.C., and with air cargo support capabilities at more than 50 of the world’s top 100 cargo airports, will initially provide pre-conditioning, handling and repair services at air cargo facilities around the world representing key pharma hubs for import and export. As demand for the Pegasus ULD fleet continues to grow, ACL’s global footprint offers Sonoco ThermoSafe the opportunity to rapidly expand.“Sonoco has topped the list of Fortune’s World’s Most Admired Companies in the packaging sector for three consecutive years. Its reputation for quality perfectly aligns with our own high standards for service delivery,” said Wes Tucker, executive vice president and chief operating officer for ACL Airshop. “This partnership will enhance our services array for our airlines and air cargo customers around the globe, and we are pleased to provide our customers with an innovative solution for the transportation of vital and life-saving pharmaceutical products.”“We are delighted to partner with a high-quality and service-oriented ULD handling and repair specialist such as ACL Airshop, with its impressive global network,” said Christopher Day, director of marketing and innovation for Sonoco ThermoSafe. “This agreement accelerates the adoption of the Pegasus ULD across the worldwide air freight marketplace during the world’s most dire need for pharmaceutical distribution.”Visit http://www.thermosafe.com to learn more.About Sonoco ThermoSafe Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON), is a leading global provider of temperature assurance packaging for the safe and efficient transport of pharmaceuticals, biologics, vaccines and other temperature-sensitive products. Sonoco ThermoSafe shipping solutions mitigate risk for customers and ensure product efficacy throughout the extremes of a supply chain. With operations in the Americas, Europe and Asia, Sonoco ThermoSafe has a vast product offering featuring industry-leading technology that encompasses refrigerated, frozen or controlled room temperature applications. In addition, Sonoco ThermoSafe's ISC Labs® deliver individualized design and testing services and innovative packaging solutions along with qualification and validation services to meet all regulatory requirements. More information can be found at www.thermosafe.com.About Sonoco Founded in 1899, Sonoco (NYSE: SON) is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $5.4 billion, the Company has 23,000 employees working in approximately 300 operations in 36 countries, serving some of the world’s best-known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of Better Packaging. Better Life. The Company ranked first in the Packaging sector on Fortune’s World’s Most Admired Companies for 2020 as well as Barron’s 100 Most Sustainable Companies. For more information, visit www.sonoco.com. CONTACT: Contact: Brian Risinger +843-383-7509 brian.risinger@sonoco.com