Sovos Brands, Inc.

NasdaqGS:SOVO Stock Report

Market Cap: US$2.3b

Sovos Brands Future Growth

Future criteria checks 4/6

Sovos Brands is forecast to grow earnings and revenue by 57.4% and 10.7% per annum respectively. EPS is expected to grow by 56% per annum. Return on equity is forecast to be 18.7% in 3 years.

Key information

57.4%

Earnings growth rate

56.0%

EPS growth rate

Food earnings growth13.5%
Revenue growth rate10.7%
Future return on equity18.7%
Analyst coverage

Good

Last updated07 Mar 2024

Recent future growth updates

Recent updates

What Sovos Brands, Inc.'s (NASDAQ:SOVO) 27% Share Price Gain Is Not Telling You

Sep 01
What Sovos Brands, Inc.'s (NASDAQ:SOVO) 27% Share Price Gain Is Not Telling You

Sovos Brands, Inc. (NASDAQ:SOVO) Shares Could Be 36% Below Their Intrinsic Value Estimate

Jun 26
Sovos Brands, Inc. (NASDAQ:SOVO) Shares Could Be 36% Below Their Intrinsic Value Estimate

Returns At Sovos Brands (NASDAQ:SOVO) Are On The Way Up

May 08
Returns At Sovos Brands (NASDAQ:SOVO) Are On The Way Up

Calculating The Fair Value Of Sovos Brands, Inc. (NASDAQ:SOVO)

Feb 08
Calculating The Fair Value Of Sovos Brands, Inc. (NASDAQ:SOVO)

Sovos Brands, Inc.'s (NASDAQ:SOVO) Intrinsic Value Is Potentially 77% Above Its Share Price

Oct 25
Sovos Brands, Inc.'s (NASDAQ:SOVO) Intrinsic Value Is Potentially 77% Above Its Share Price

Sovos Brands: Strong Growth Continues

Oct 04

Sovos Brands 8.5M share secondary priced at $14.00

Aug 11

Sovos Brands Non-GAAP EPS of $0.13 beats by $0.04, revenue of $197.4M beats by $16.44M

Aug 03

Sovos Brands - Premium Packaged Foods To Fight Inflation

May 06

Sovos Brands Will Continue To Execute For Shareholders

Apr 05

We Think You Can Look Beyond Sovos Brands' (NASDAQ:SOVO) Lackluster Earnings

Mar 22
We Think You Can Look Beyond Sovos Brands' (NASDAQ:SOVO) Lackluster Earnings

Sovos Brands, Inc. (NASDAQ:SOVO) Shares Could Be 37% Below Their Intrinsic Value Estimate

Dec 23
Sovos Brands, Inc. (NASDAQ:SOVO) Shares Could Be 37% Below Their Intrinsic Value Estimate

Sovos Brands Stock: An Attractive Prospect For Growth Investors

Dec 16

Sovos Brands: Interesting Consumer Foods Play

Oct 01

Earnings and Revenue Growth Forecasts

NasdaqGS:SOVO - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20251,2661091191225
12/31/20241,143571041227
12/30/20231,0203093105N/A
9/30/2023990-148190N/A
7/1/2023941-145764N/A
4/1/2023921-504451N/A
12/31/2022878-533345N/A
9/24/2022806-293555N/A
6/25/2022775-352951N/A
3/26/2022740-63656N/A
12/25/202171923347N/A
9/25/202169252228N/A
6/26/2021650124246N/A
3/27/2021619184751N/A
12/26/2020560115963N/A
12/28/2019388-27-112N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOVO's forecast earnings growth (57.4% per year) is above the savings rate (2.3%).

Earnings vs Market: SOVO's earnings (57.4% per year) are forecast to grow faster than the US market (13.4% per year).

High Growth Earnings: SOVO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SOVO's revenue (10.7% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: SOVO's revenue (10.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SOVO's Return on Equity is forecast to be low in 3 years time (18.7%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/11 00:24
End of Day Share Price 2024/03/11 00:00
Earnings2023/12/30
Annual Earnings2023/12/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Andrew LazarBarclays
Peter GalboBofA Global Research
Robert MoskowCredit Suisse