The Technical Analyst
Sovos Brands, Inc. [SOVO]
Exchange: NASDAQ Sector: Consumer Defensive Industry: Packaged Foods
Sovos Brands, Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
0.13% $22.98
America/New_York / 11 mar 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 340.65 mill |
| EPS: | 0.290 |
| P/E: | 79.24 |
| Earnings Date: | May 08, 2024 |
| SharesOutstanding: | 101.86 mill |
| Avg Daily Volume: | 1.636 mill |
| RATING 2024-03-11 |
|---|
| A+ |
| Strong Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Neutral | |
| Return On Asset: | Buy | |
| DE: | Buy | |
| P/E: | Strong Buy | |
| Price To Book: | Strong Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 2/23 | 3/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 8.09x |
| Company: PE 79.24 | sector: PE 9.79 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 2.70x |
| Company: PE 79.24 | industry: PE 29.33 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$48.56 (111.31%) $25.58 |
| Date: 2024-03-16 |
| Expected Trading Range (DAY) |
|---|
|
$ 22.88 - 23.09 ( +/- 0.46%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-12 | Mathur Neha | Sell | 43 361 053 | Common Stock |
| 2024-03-12 | Case Jefferson M | Sell | 43 361 053 | Common Stock |
| 2024-03-12 | Advent International, L.p. | Sell | 43 361 053 | Common Stock |
| 2024-03-12 | Abuaita Tamer | Sell | 7 122 | Common Stock |
| 2024-03-12 | Abuaita Tamer | Sell | 6 413 | Common Stock |
| INSIDER POWER |
|---|
| -98.63 |
| Last 99 transactions |
| Buy: 1 239 590 | Sell: 193 410 734 |
Forecast:
01:40 - $22.59
Live Trading Signals (every 1 min)
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $22.98 (0.13% ) |
| Volume | 6.84 mill |
| Avg. Vol. | 1.636 mill |
| % of Avg. Vol | 418.31 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For SOVO
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $22.27 | N/A | Active |
|---|
SOVO
Sovos Brands, Inc., through its subsidiaries, manufactures and distributes consumer food products in the United States. The company operates in two segments, Dinners & Sauces, and Breakfast & Snacks. 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, including traditional supermarkets, mass merchants, warehouse clubs, wholesalers, specialty food distributors, military commissaries, and non-food outlets, such as drug store chains, dollar stores, and e-commerce retailers. Sovos Brands, Inc. was founded in 1983 and is headquartered in Louisville, Colorado.
Latest Press Releases
2024-02-28 16:05:00 - Press Release
Sovos Brands Reports Fourth Quarter And Fiscal Year 2023 Financial Results
Fy 2023 net sales surpassed $1 billion; accelerated volume growth drove double-digit top and bottom-line growth q4 net sales grew 11.4% yoy (organic 25.3%), led by rao's net sales up 24.9% (organic 34.7%) 1
2024-02-14 16:05:00 - Press Release
Sovos Brands Announces Fourth Quarter And Fiscal Year 2023 Earnings Date
Louisville, colo., feb. 14, 2024 (globe newswire) -- sovos brands, inc. (“sovos brands” or the “company”) (nasdaq: sovo) will announce the results of its fourth quarter and fiscal year ended december 30, 2023 on wednesday, february 28, 2024 after market close. the press release will be available on the investor relations section of the company's website at ir.sovosbrands.com. due to the pending merger with campbell soup company, sovos brands will not host a conference call to discuss the results.
2024-02-13 16:30:00 - Press Release
Campbell And Sovos Brands Certify Substantial Compliance With Second Request From Ftc; Begins The Start Of 30-day Waiting Period
Camden, n.j. and louisville, colo., feb. 13, 2024 (globe newswire) -- campbell soup company (nyse: cpb) and sovos brands, inc. (nasdaq: sovo) today announced that both companies have certified substantial compliance with the request for additional information and documentary materials ("second request") issued by the federal trade commission (ftc) regarding campbell's proposed acquisition of sovos brands.
2023-12-05 08:30:00 - Press Release
Sovos Brands Announces The Promotion Of E. Yuri Hermida To President
Louisville, colo., dec. 05, 2023 (globe newswire) -- sovos brands, inc. (“sovos brands” or the “company”) (nasdaq: sovo), one of the fastest-growing food companies of scale in the united states, today announced the promotion of e.
2023-10-25 16:05:00 - Press Release
Sovos Brands Announces Third Quarter 2023 Earnings Date
Louisville, colo., oct. 25, 2023 (globe newswire) -- sovos brands, inc. (“sovos brands” or the “company”) (nasdaq: sovo) will announce the results of its third quarter ended september 30, 2023 on wednesday, november 8, 2023 after market close. the press release will be available on the investor relations section of the company's website at ir.sovosbrands.com. due to the pending merger with campbell soup company, sovos brands will not host a conference call to discuss the results.
Latest News
2024-03-06 10:16:06 - Zacks Investment Research
Sovos Brands, Inc. (SOVO) Hits Fresh High: Is There Still Room to Run?
Sovos Brands, Inc. (SOVO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
2024-02-28 19:11:06 - Zacks Investment Research
Sovos Brands, Inc. (SOVO) Q4 Earnings and Revenues Beat Estimates
Sovos Brands, Inc. (SOVO) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.19 per share a year ago.
2024-02-21 11:06:14 - Zacks Investment Research
Sovos Brands, Inc. (SOVO) Earnings Expected to Grow: Should You Buy?
Sovos Brands, Inc. (SOVO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
2024-02-13 17:32:55 - Reuters
Campbell Soup expects to close Sovos Brands deal 'within days' of March 11
Campbell Soup said on Tuesday that it expects to close its $2.33 billion acquisition of Rao's Homemade items owner Sovos Brands within days of March 11 after receiving a certification of compliance from the United States Federal Trade Commission (FTC).
2023-10-30 12:47:14 - Zacks Investment Research
PFGC vs. SOVO: Which Stock Should Value Investors Buy Now?
Investors interested in stocks from the Food - Natural Foods Products sector have probably already heard of Performance Food Group (PFGC) and Sovos Brands, Inc. (SOVO). But which of these two companies is the best option for those looking for undervalued stocks?
2023-10-16 06:20:10 - MarketBeat
2 Consumer Staples Stocks That Are Screaming Cheap
2023-10-12 13:32:33 - Zacks Investment Research
Sovos Brands, Inc. (SOVO) Upgraded to Strong Buy: Here's What You Should Know
Sovos Brands, Inc. (SOVO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
2023-08-31 13:32:26 - Zacks Investment Research
Are You Looking for a Top Momentum Pick? Why Sovos Brands, Inc. (SOVO) is a Great Choice
Does Sovos Brands, Inc. (SOVO) have what it takes to be a top stock pick for momentum investors? Let's find out.
2023-08-28 12:47:31 - Zacks Investment Research
SFM vs. SOVO: Which Stock Is the Better Value Option?
Investors looking for stocks in the Food - Natural Foods Products sector might want to consider either Sprouts Farmers (SFM) or Sovos Brands, Inc. (SOVO). But which of these two stocks offers value investors a better bang for their buck right now?
2023-08-23 07:11:10 - MarketBeat
2 Stocks that Historically Rise in the Fall
The start of school means that autumn is just around the corner. As temperatures drop, certain seasonal factors come into play in the country and specific industries.