SOVO Stock Overview
Sovos Brands, Inc., through its subsidiaries, operates as a consumer-packaged food company that manufactures, distributes, and sells consumer food products in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Sovos Brands, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$22.98 |
| 52 Week High | US$23.00 |
| 52 Week Low | US$13.48 |
| Beta | 0.014 |
| 1 Month Change | 3.23% |
| 3 Month Change | 4.74% |
| 1 Year Change | 63.44% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 69.97% |
Recent News & Updates
Recent updates
What Sovos Brands, Inc.'s (NASDAQ:SOVO) 27% Share Price Gain Is Not Telling You
Sep 01
Sovos Brands, Inc. (NASDAQ:SOVO) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jun 26Returns At Sovos Brands (NASDAQ:SOVO) Are On The Way Up
May 08Calculating The Fair Value Of Sovos Brands, Inc. (NASDAQ:SOVO)
Feb 08Sovos Brands, Inc.'s (NASDAQ:SOVO) Intrinsic Value Is Potentially 77% Above Its Share Price
Oct 25Sovos Brands: Strong Growth Continues
Oct 04Sovos Brands 8.5M share secondary priced at $14.00
Aug 11Sovos Brands Non-GAAP EPS of $0.13 beats by $0.04, revenue of $197.4M beats by $16.44M
Aug 03Sovos Brands - Premium Packaged Foods To Fight Inflation
May 06Sovos Brands Will Continue To Execute For Shareholders
Apr 05We Think You Can Look Beyond Sovos Brands' (NASDAQ:SOVO) Lackluster Earnings
Mar 22Sovos Brands, Inc. (NASDAQ:SOVO) Shares Could Be 37% Below Their Intrinsic Value Estimate
Dec 23Sovos Brands Stock: An Attractive Prospect For Growth Investors
Dec 16Sovos Brands: Interesting Consumer Foods Play
Oct 01Shareholder Returns
| SOVO | US Food | US Market | |
|---|---|---|---|
| 7D | 1.0% | -4.5% | -2.4% |
| 1Y | 63.4% | -5.2% | 23.3% |
Return vs Industry: SOVO exceeded the US Food industry which returned -7.8% over the past year.
Return vs Market: SOVO exceeded the US Market which returned 31% over the past year.
Price Volatility
| SOVO volatility | |
|---|---|
| SOVO Average Weekly Movement | 0.6% |
| Food Industry Average Movement | 5.0% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SOVO has not had significant price volatility in the past 3 months.
Volatility Over Time: SOVO's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 751 | Todd Lachman | www.sovosbrands.com |
Sovos Brands, Inc., through its subsidiaries, operates as a consumer-packaged food company that manufactures, distributes, and sells consumer food products in the United States. It operates in two segments, Dinner and Sauces, and Breakfast and Snacks. The company’s principal products comprise pasta sauces, dry pasta, soups, frozen entrees, frozen pizza, yogurts, pancake and waffle mixes, other baking mixes, and frozen waffles under the Rao’s, Michael Angelo’s, and noosa brands.
Sovos Brands, Inc. Fundamentals Summary
| SOVO fundamental statistics | |
|---|---|
| Market cap | US$2.34b |
| Earnings (TTM) | US$30.17m |
| Revenue (TTM) | US$1.02b |
77.6x
P/E Ratio2.3x
P/S RatioIs SOVO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SOVO income statement (TTM) | |
|---|---|
| Revenue | US$1.02b |
| Cost of Revenue | US$714.66m |
| Gross Profit | US$305.76m |
| Other Expenses | US$275.59m |
| Earnings | US$30.17m |
Last Reported Earnings
Dec 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.30 |
| Gross Margin | 29.96% |
| Net Profit Margin | 2.96% |
| Debt/Equity Ratio | 89.9% |
How did SOVO perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/03/11 06:39 |
| End of Day Share Price | 2024/03/11 00:00 |
| Earnings | 2023/12/30 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sovos Brands, Inc. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Lazar | Barclays |
| Peter Galbo | BofA Global Research |
| Robert Moskow | Credit Suisse |