Sonoco Products Co (Sonoco Products Co) Momentum Rank : 7 (As of Apr. 26, 2024)

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What is Sonoco Products Co Momentum Rank?

Sonoco Products Co has the Momentum Rank of 7.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Sonoco Products Co's Momentum Rank

For the Packaging & Containers subindustry, Sonoco Products Co's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sonoco Products Co's Momentum Rank Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sonoco Products Co's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Sonoco Products Co's Momentum Rank falls into.

Sonoco Products Co Momentum Rank Related Terms

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Sonoco Products Co (Sonoco Products Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sonoco Products Co (NYSE:SON) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

SNS:Germany

Address

1 N. Second Street, Hartsville, SC, USA, 29550

Website

http://www.sonoco.com

Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 30 years.

Executives

Sean Cairns	officer: Pres Global Rigid Paper&Closur	1 N 2ND ST, HARTSVILLE SC 29550
Haynes Ernest D Iii	officer: VP, Rigid Paper Containers, NA	1 NORTH 2ND STREET, HARTSVILLE SC 29550
Hill Robert R Jr	director	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Steven L Boyd	director	1 NORTH 2ND ST, HARTSVILLE SC 29550
Shawn B Munday	officer: VP, Glbl Mergers & ACQ	1 N 2ND ST, HARTSVILLE SC 29550
Aditya Gandhi	officer: CAO	1 NORTH SECOND STREET, HARTSVILLE SC 29550
Rodger D Fuller	officer: DIV VP & GENERAL MANAGER - CPD	C/O SONOCO PRODUCTS COMPANY, 1 N. SECOND STREET, HARTSVILLE SC 29550
Anne Marie Lopiccolo	officer: VP, Global Human Resources	1 N 2ND ST, HARTSVILLE SC 29550
Elizabeth J Rhue	officer: VP Global Envir&Sustainability	1 N. 2ND STREET, HARTSVILLE SC 29550
Julie C Albrecht	officer: VP, Treasurer/Assistant CFO	ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Lisa K Weeks	officer: Staff VP Investor Relations	56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Cummings Harold G Iii	officer: Staff VP,Treasurer	ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Russell K Grissett	officer: VP, Global Flexible Packaging	1 NORTH 2ND STREET, HARTSVILLE SC 29550
Jeffrey S Tomaszewski	officer: VP - Global RPC, D&P, Paper	1 N 2ND ST, HARTSVILLE SC 29550
John M Florence	officer: Corporate Attorney	ONE NORTH SECOND STREET, HARTSVILLE SC 29550