Posted by admin on Aug 20th, 2022
Sonoco Products (NYSE:SON – Get Rating) and Cryptyde (NASDAQ:TYDE – Get Rating) are both industrial products companies, but which is the better investment? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, analyst recommendations, institutional ownership and dividends.
This table compares Sonoco Products and Cryptyde’s net margins, return on equity and return on assets.
This table compares Sonoco Products and Cryptyde’s revenue, earnings per share (EPS) and valuation.
Cryptyde has lower revenue, but higher earnings than Sonoco Products.
77.1% of Sonoco Products shares are owned by institutional investors. 0.5% of Sonoco Products shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
This is a breakdown of recent recommendations and price targets for Sonoco Products and Cryptyde, as reported by MarketBeat.
Sonoco Products presently has a consensus price target of $65.50, suggesting a potential upside of 1.11%. Given Sonoco Products’ higher probable upside, equities analysts plainly believe Sonoco Products is more favorable than Cryptyde.
Sonoco Products beats Cryptyde on 8 of the 8 factors compared between the two stocks.
Sonoco Products Company, together with its subsidiaries, manufactures and sells industrial and consumer packaging products in North and South America, Europe, Australia, and Asia. The company operates through two segments: Consumer Packaging and Industrial Paper Packaging. The Consumer Packaging segment round and shaped rigid paper containers; metal and peelable membrane ends and closures; thermoformed plastic trays and containers; printed flexible packaging; and global brand artwork management. The Industrial Paper Packaging segment provides fiber-based tubes, cones, and cores; fiber-based construction tubes; fiber-based protective packaging and components; wooden, metal, and composite wire and cable, as well as reels and spools; and recycled paperboard, corrugating medium, recovered paper, and material recycling services. Sonoco Products Company offers thermoformed rigid plastic trays and devices; custom-engineered molded foam protective packaging and components; temperature-assured packaging; injection molded and extruded containers, spools, and parts; retail security packaging, including printed backer cards, thermoformed blisters, and heat-sealing equipment; and paper amenities. The company sells its products in various markets, which include paper, textile, film, food, chemical, packaging, construction, and wire and cable. Sonoco Products Company was founded in 1899 and is headquartered in Hartsville, South Carolina.
Cryptyde, Inc. provides bitcoin mining equipment and co-location services. It also manufactures and sells container boards, corrugated products, and specialty paper products in North America. The company was incorporated in 1966 and is headquartered in Safety Harbor, Florida.
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