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NASDAQ: SOVO
Sovos Brands Inc Stock

$16.68+0.08 (+0.48%)
Updated Mar 31, 2023
SOVO Price
$16.68
Fair Value Price
N/A
Market Cap
$1.67B
52 Week Low
$12.50
52 Week High
$16.97
P/E
-31.47x
P/B
3.51x
P/S
1.65x
PEG
N/A
Dividend Yield
N/A
Revenue
$878.37M
Earnings
-$53.45M
Gross Margin
28.1%
Operating Margin
-4.38%
Profit Margin
-6.1%
Debt to Equity
1.43
Operating Cash Flow
$45M
Beta
0.71
Next Earnings
May 3, 2023
Ex-Dividend
N/A
Next Dividend
N/A

SOVO Overview

Sovos Brands Incorporated manufactures and distributes consumer food products in the U.S. It provides pasta sauces, dry pasta, soups, frozen entrees, yogurts, pancake and waffle mixes, other baking mixes, and frozen waffles under the Rao's, Michael Angelo's, noosa, and Birch Benders brands. The company sells its products principally to retail outlets and wholesale distributors. Sovos Brands was founded in 1983 and is headquartered in Louisville, CO.

Zen Score

Industry Average (29)
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Due Diligence Checks

SOVO is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
SOVO is poor value based on its book value relative to its share price (3.51x), compared to the US Packaged Foods industry average (2.41x)
P/B vs Industry Valuation
SOVO is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more SOVO due diligence checks available for Premium users.

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SOVO News

Valuation

SOVO fair value

Fair Value of SOVO stock based on Discounted Cash Flow (DCF)
Price
$16.68
Fair Value
$14.60
Overvalued by
14.28%
SOVO is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SOVO price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-31.47x
Industry
20.18x
Market
22.13x

SOVO price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
3.51x
Industry
2.41x
SOVO is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SOVO's financial health

Profit margin

Revenue
$262.1M
Net Income
-$28.7M
Profit Margin
-10.9%
SOVO's Earnings (EBIT) of -$38.49M... subscribe to Premium to read more.
Interest Coverage Financials
SOVO's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.2B
Liabilities
$682.8M
Debt to equity
1.43
SOVO's short-term assets ($330.93M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SOVO's long-term liabilities ($560.53M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SOVO's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$18.6M
Investing
$38.1M
Financing
-$19.0k
SOVO's operating cash flow ($45.40M)... subscribe to Premium to read more.
Debt Coverage Financials

SOVO vs Food Stocks

TickerMarket Cap1d %P/EP/B
SOVO$1.67B+0.48%-31.47x3.51x
HLF$1.58B+2.03%4.94x-1.25x
HAIN$1.53B+3.25%33.63x1.38x
MGPI$2.13B+2.28%19.58x2.85x
CENT$2.22B+1.71%16.23x1.68x

Sovos Brands Stock FAQ

What is Sovos Brands's quote symbol?

NASDAQ: SOVO) Sovos Brands trades on the NASDAQ under the ticker symbol SOVO. Sovos Brands stock quotes can also be displayed as NASDAQ: SOVO.

If you're new to stock investing, here's how to buy Sovos Brands stock.

What is the 52 week high and low for Sovos Brands (NASDAQ: SOVO)?

(NASDAQ: SOVO) Sovos Brands's 52-week high was $16.97, and its 52-week low was $12.50. It is currently -1.71% from its 52-week high and 33.44% from its 52-week low.

How much is Sovos Brands stock worth today?

(NASDAQ: SOVO) Sovos Brands currently has 100,214,297 outstanding shares. With Sovos Brands stock trading at $16.68 per share, the total value of Sovos Brands stock (market capitalization) is $1.67B.

Sovos Brands stock was originally listed at a price of $13.52 in Sep 23, 2021. If you had invested in Sovos Brands stock at $13.52, your return over the last 1 years would have been 23.37%, for an annualized return of 23.37% (not including any dividends or dividend reinvestments).

How much is Sovos Brands's stock price per share?

(NASDAQ: SOVO) Sovos Brands stock price per share is $16.68 today (as of Mar 31, 2023).

What is Sovos Brands's Market Cap?

(NASDAQ: SOVO) Sovos Brands's market cap is $1.67B, as of Apr 1, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Sovos Brands's market cap is calculated by multiplying SOVO's current stock price of $16.68 by SOVO's total outstanding shares of 100,214,297.
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