SOVOS BRANDS INC (SOVO) Stock Price & Overview

NASDAQ:SOVO • US84612U1079

22.98 USD
+0.03 (+0.13%)
At close: Mar 11, 2024
23 USD
+0.02 (+0.09%)
After Hours: 3/11/2024, 8:00:02 PM

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 Full Technical Analysis Report

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 Full Fundamental Analysis Report

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 Earnings History

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 Forecast & Estimates

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 financials

SOVO Ownership

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

SOVO Competitors/Peers

The largest stocks on the US markets in the "Packaged Foods & Meats" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
MDLZ MONDELEZ INTERNATIONAL INC-A17.1769.669B
HSY HERSHEY CO/THE25.543.68B
KHC KRAFT HEINZ CO/THE10.9826.433B
TSN TYSON FOODS INC-CL A13.2521.487B
GIS GENERAL MILLS INC11.221.023B
MKC.V MCCORMICK & CO INC VTG COM18.5515.494B
MKC MCCORMICK & CO-NON VTG SHRS18.6215.387B
HRL HORMEL FOODS CORP14.1512.491B
SJM JM SMUCKER CO/THE10.511.305B
SFD SMITHFIELD FOODS INC9.619.187B
PPC PILGRIM'S PRIDE CORP8.58.597B
CAG CONAGRA BRANDS INC97.735B
CPB THE CAMPBELL'S COMPANY8.36.455B

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.


What is the dividend status of SOVOS BRANDS INC?

SOVO does not pay a dividend.


How is the ChartMill rating for SOVOS BRANDS INC?

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


How is the market expecting SOVO stock to perform?

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.


Is SOVOS BRANDS INC (SOVO) stock a good buy?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on SOVO.


Can you provide the ownership details for SOVO stock?

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