SOVOS BRANDS INC (SOVO) Stock Price & Overview

NASDAQ:SOVOUS84612U1079

Current stock price

22.98 USD
+0.03 (+0.13%)
At close:
23 USD
+0.02 (+0.09%)
After Hours:

The current stock price of SOVO is 22.98 USD. Today SOVO is up by 0.13%. In the past month the price increased by 3.23%. In the past year, price increased by 55.17%.

SOVO Key Statistics

52-Week Range14.75 - 23
Current SOVO stock price positioned within its 52-week range.
1-Month Range22.17 - 23
Current SOVO stock price positioned within its 1-month range.
Market Cap
2.332B
P/E
28.37
Fwd P/E
23.94
EPS (TTM)
0.81
Dividend Yield
N/A

SOVO Stock Performance

Today
+0.13%
1 Week
+1.01%
1 Month
+3.23%
3 Months
+4.69%
Longer-term
6 Months +1.46%
1 Year +55.17%
2 Years +62.06%
3 Years N/A
5 Years N/A
10 Years N/A

SOVO Stock Chart

SOVOS BRANDS INC / SOVO Daily stock chart

SOVO Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to SOVO. When comparing the yearly performance of all stocks, SOVO is one of the better performing stocks in the market, outperforming 85.94% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

SOVO Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to SOVO. SOVO has only an average score on both its financial health and profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

SOVO Earnings

Next Earnings DateMay 8, 2024
Last Earnings DateFeb 28, 2024
PeriodQ4 / 2023
EPS Reported$0.26
Revenue Reported
EPS Surprise 33.28%
Revenue Surprise 8.99%

SOVO Forecast & Estimates

15 analysts have analysed SOVO and the average price target is 23.23 USD. This implies a price increase of 1.1% is expected in the next year compared to the current price of 22.98.

For the next year, analysts expect an EPS growth of 18.53% and a revenue growth 13.03% for SOVO


Analysts
Analysts72
Price Target23.23 (1.09%)
EPS Next Y18.53%
Revenue Next Year13.03%

SOVO Groups

Sector & Classification

Index Membership

SOVO Financial Highlights

Over the last trailing twelve months SOVO reported a non-GAAP Earnings per Share(EPS) of 0.81. The EPS increased by 35% compared to the year before.


Income Statements
Revenue(TTM)1.02B
Net Income(TTM)30.11M
Industry RankSector Rank
PM (TTM) 2.95%
ROA 2.44%
ROE 5.68%
Debt/Equity 0.91
Chartmill High Growth Momentum
EPS Q2Q%36.84%
Sales Q2Q%11.43%
EPS 1Y (TTM)35%
Revenue 1Y (TTM)16.17%

SOVO Ownership

Ownership
Inst Owners0.19%
Shares101.46M
Float54.04M
Ins Owners1%
Short Float %N/A
Short RatioN/A

About SOVO

Company Profile

SOVO logo image Sovos Brands, Inc. engages in the sale of Italian sauces and dry pasta, soups, yogurts, frozen ready-to-eat meals, pancake and waffle mixes, baking mixes, and frozen waffles. The company is headquartered in Louisville, Colorado and currently employs 690 full-time employees. The company went IPO on 2021-09-23. The firm is focused on acquiring and building brands. Its product offerings include a variety of pasta sauces, dry pasta, soups, frozen entrees, frozen pizza, and yogurts, all of which are sold in North America under the brand names Rao’s, Michael Angelo’s and noosa. Rao’s brand offers a selection of Rao’s Homemade pasta sauces, including tomato-based sauces, Alfredo sauces and Pesto sauces, pizza sauces and dry pastas; Rao’s Homestyle meat-based pasta sauces; and Rao’s Made for Home frozen entrees, frozen pizza and soups. Michael Angelo’s frozen products include a variety of dishes, such as eggplant parmesan, lasagna made with fresh Ricotta cheese, shrimp scampi and other pastas, for a homemade taste. noosa brand offers a suite of delicious yogurt products, including spoonable yogurts and drinkable smoothies. The company sells its products to customers in the United States and principally to retail outlets and wholesale distributors.

Company Info

IPO: 2021-09-23

SOVOS BRANDS INC

168 Centennial Parkway, Suite 200

Louisville COLORADO US

CEO: Todd R. Lachman

Employees: 690

SOVO Company Website

Phone: 17023161225

SOVOS BRANDS INC / SOVO FAQ

Can you describe the business of SOVOS BRANDS INC?

Sovos Brands, Inc. engages in the sale of Italian sauces and dry pasta, soups, yogurts, frozen ready-to-eat meals, pancake and waffle mixes, baking mixes, and frozen waffles. The company is headquartered in Louisville, Colorado and currently employs 690 full-time employees. The company went IPO on 2021-09-23. The firm is focused on acquiring and building brands. Its product offerings include a variety of pasta sauces, dry pasta, soups, frozen entrees, frozen pizza, and yogurts, all of which are sold in North America under the brand names Rao’s, Michael Angelo’s and noosa. Rao’s brand offers a selection of Rao’s Homemade pasta sauces, including tomato-based sauces, Alfredo sauces and Pesto sauces, pizza sauces and dry pastas; Rao’s Homestyle meat-based pasta sauces; and Rao’s Made for Home frozen entrees, frozen pizza and soups. Michael Angelo’s frozen products include a variety of dishes, such as eggplant parmesan, lasagna made with fresh Ricotta cheese, shrimp scampi and other pastas, for a homemade taste. noosa brand offers a suite of delicious yogurt products, including spoonable yogurts and drinkable smoothies. The company sells its products to customers in the United States and principally to retail outlets and wholesale distributors.


What is the stock price of SOVOS BRANDS INC today?

The current stock price of SOVO is 22.98 USD. The price increased by 0.13% in the last trading session.


Does SOVOS BRANDS INC pay dividends?

SOVO does not pay a dividend.


What is the ChartMill technical and fundamental rating of SOVO stock?

SOVO has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 5 out of 10.


How many employees does SOVOS BRANDS INC have?

SOVOS BRANDS INC (SOVO) currently has 690 employees.


When does SOVOS BRANDS INC (SOVO) report earnings?

SOVOS BRANDS INC (SOVO) will report earnings on 2024-05-08, after the market close.


Who owns SOVOS BRANDS INC?

You can find the ownership structure of SOVOS BRANDS INC (SOVO) on the Ownership tab.