SOVOS BRANDS INC (SOVO) Stock Price, Forecast & Analysis
USA - NASDAQ:SOVO - US84612U1079 - Common Stock
SOVO Key Statistics, Chart & Performance
The current stock price of SOVO is 22.98 USD. In the past month the price increased by 3.23%. In the past year, price increased by 55.17%.
SOVO Latest News, Press Relases and Analysis
SOVO Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| MDLZ | MONDELEZ INTERNATIONAL INC-A | 20.16 | 74.35B | ||
| HSY | HERSHEY CO/THE | 23.27 | 34.39B | ||
| KHC | KRAFT HEINZ CO/THE | 8.96 | 29.27B | ||
| K | KELLANOVA | 22.63 | 28.90B | ||
| GIS | GENERAL MILLS INC | 11.65 | 24.86B | ||
| TSN | TYSON FOODS INC-CL A | 13.22 | 18.29B | ||
| MKC | MCCORMICK & CO-NON VTG SHRS | 21.82 | 17.22B | ||
| MKC.V | MCCORMICK & CO INC VTG COM | 21.76 | 17.17B | ||
| JBS | JBS NV-A | 6.88 | 14.65B | ||
| HRL | HORMEL FOODS CORP | 14.69 | 11.87B | ||
| SJM | JM SMUCKER CO/THE | 10.81 | 11.05B | ||
| PPC | PILGRIM'S PRIDE CORP | 6.48 | 9.05B |
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About SOVO
Company Profile
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
SOVOS BRANDS INC
168 Centennial Parkway, Suite 200
Louisville COLORADO US
CEO: Todd R. Lachman
Employees: 690
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 current price of SOVO stock?
The current stock price of SOVO is 22.98 USD. The price increased by 0.13% in the last trading session.
Does SOVO stock 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.
What do analysts say about SOVOS BRANDS INC (SOVO) stock?
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.
How many employees does SOVOS BRANDS INC have?
SOVOS BRANDS INC (SOVO) currently has 690 employees.
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.
SOVO Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to SOVO. SOVO has an average financial health and profitability rating.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 2.95% | ||
| ROA | 2.44% | ||
| ROE | 5.68% | ||
| Debt/Equity | 0.91 |
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