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Research Alert: CFRA Keeps Hold Opinion On Shares Of Sonoco Products Co.
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Research Alert: CFRA Keeps Hold Opinion On Shares Of Sonoco Products Co.
Apr 22, 2026 10:53 AM

01:45 PM EDT, 04/22/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We decrease our 12-month target by $4 to $54 on an EV/EBITDA of 7.9x our 2026 EBITDA estimate, a discount to SON's three-year average of 8.0x. We decrease our 2026 EPS view by $0.07 to $5.90 and decrease 2027 by $0.08 to $6.50. We see an increased risk of guidance being lowered in Q2 following the near-miss this quarter and have lowered our EPS forecast accordingly. SON made a $20M investment in automated wood reel production to meet increased demand from wire and cable industry related to data center and power infrastructure build-outs. We believe this will have a strong ROI given the long-term demand growth we see in both these spaces. SON's new paper plant opened in Nong Yai, Thailand, serving the growing Asian snack market and increasing volumes by 6% in the region. We believe this volume growth should increase throughout 2026 as the region remains a bright spot in terms of volume this year.

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