SOVO

Sovos Brands, Inc. [SOVO] Stock Forecast

Q: What is Sovos Brands, Inc. stock symbol ?

Sovos Brands, Inc. is a US stock, located in Louisville of Co and trading under the symbol SOVO

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SOVO Stock Summary

Earnings have grown 16.17% per last year.

EPS has increased from the previous year and become positive (Yearly statements)

An RSI reading of 70 or higher indicates an overbought or overvalued condition.

Earnings are expected to fall -100% next year

Profit margins (-0.01%) are lower than the previous year (0.03%)

SOVO has less than 1 year of cash runway

In the News

SOVO Financial details

Company Rating

Strong Buy

Market Cap

2.34B

Income

30.17M

Revenue

1.02B

Book val./share

5.1

Cash/share

2.23

Dividend

Dividend %

Employees

751

Optionable

Shortable

Yes

Earnings

08 May 2024

P/E

-159.73

Forward P/E

PEG

10.32

P/S

2.26

P/B

4.4

P/C

10.3

P/FCF

27.78

Quick Ratio

2.34

Current Ratio

3.02

Debt / Equity

0.91

LT Debt / Equity

0.9

EPS (TTM)

0.29

EPS next Y

EPS next Q

EPS this Y

-156.6%

EPS next Y

EPS next 5Y

EPS last 5Y

NAN%

Revenue last 5Y

21.34%

Revenue Q/Q

13.22%

EPS Q/Q

1400%

SMA20

4.55%

SMA50

4.55%

SMA100

4.55%

Inst Own

52.62%

Inst Trans

0.57%

ROA

-1%

ROE

-3%

ROC

0.07%

Gross Margin

30%

Oper. Margin

Profit Margin

-1%

Payout

Shs Outstand

Shs Float

Target Price

52W Range

13.84-23.0

52W High

-0.09%

52W Low

+76.77%

RSI

Rel Volume

4.18

Avg Volume

1.64M

Volume

6.84M

Perf Week

0.52%

Perf Month

4.22%

Perf Quarter

Perf Half Y

2.59%

Beta

0.014

Volatility

0.03%, 0.3%

Prev Close

Price

22.98

Change

SOVO Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-30

Metric	2019-12-31	2020-12-31	2021-12-25	2022-12-31	2023-12-30
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	3.98	5.75	8.92	8.7	9.89
Net income per share	-0.28	0.11	0.02	-0.53	0.29
Operating cash flow per share	0.12	0.65	0.58	0.45	1.02
Free cash flow per share	-0.01	0.61	0.41	0.32	0.91
Cash per share	0.32	0.38	0.82	1.39	2.25
Book value per share	6	6.13	6.32	4.72	5.14
Tangible book value per share	-2.36	-3.41	-4.87	-2.68	-1.89
Share holders equity per share	6	6.13	6.32	4.72	5.14
Interest debt per share	2.99	3.94	6.61	5.23	5.04
Market cap	1.32B	1.32B	1.12B	1.45B	2.27B
Enterprise value	1.55B	1.64B	1.56B	1.81B	2.54B
P/E ratio	-48.51	121.64	584.35	-27.13	75.3
Price to sales ratio	3.39	2.35	1.56	1.65	2.23
POCF ratio	113.9	20.93	23.89	31.95	21.57
PFCF ratio	-1.17K	22.25	34.23	44.51	24.31
P/B Ratio	2.25	2.21	2.2	3.05	4.29
PTB ratio	2.25	2.21	2.2	3.05	4.29
EV to sales	4.01	2.93	2.17	2.06	2.49
Enterprise value over EBITDA	56.69	23.09	16.45	19.33	19.68
EV to operating cash flow	134.47	26.12	33.17	39.9	24.11
EV to free cash flow	-1.39K	27.77	47.53	55.6	27.16
Earnings yield	-0.02	0.01	0	-0.04	0.01
Free cash flow yield	0	0.04	0.03	0.02	0.04
Debt to equity	0.46	0.61	0.99	1.05	0.91
Debt to assets	0.27	0.32	0.43	0.43	0.38
Net debt to EBITDA	8.68	4.59	4.6	3.85	2.07
Current ratio	1.72	1.49	2.11	2.71	2.9
Interest coverage	-0.25	1.88	1.84	1.97	2.35
Income quality	-0.43	5.81	24.46	-0.85	3.49
Dividend Yield	0	0	0.36	0	0
Payout ratio	-0.2	0	208.44	0	0
Sales general and administrative to revenue	0.17	0.15	0.13	0.14	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.82	0.81	0.77	0.64	0.58
Capex to operating cash flow	-1.1	-0.06	-0.3	-0.28	-0.11
Capex to revenue	-0.03	-0.01	-0.02	-0.01	-0.01
Capex to depreciation	-0.38	-0.11	-0.38	-0.33	-0.35
Stock based compensation to revenue	0.01	0	0.01	0.02	0.02
Graham number	6.13	3.91	1.84	7.5	5.82
ROIC	0	0.02	0.02	0.04	0.06
Return on tangible assets	-0.15	0.05	0.01	-0.13	0.06
Graham Net	-3.41	-4.54	-6.49	-4.26	-3.65
Working capital	44.33M	49.39M	102.86M	208.68M	283.7M
Tangible asset value	-230.23M	-332.48M	-392.62M	-270.92M	-194.53M
Net current asset value	-302.79M	-398.65M	-473.26M	-351.85M	-296.05M
Invested capital	0.46	0.61	0.99	1.05	0.91
Average receivables	0	52.36M	65.86M	79.21M	92.68M
Average payables	0	46.16M	57.28M	54.82M	56.88M
Average inventory	0	36.9M	49.34M	72.11M	94.06M
Days sales outstanding	41.13	39.75	35.9	36.44	34.93
Days payables outstanding	50.55	52.97	44.22	28.46	31.86
Days of inventory on hand	35.43	46.02	37.8	53.51	47.18
Receivables turnover	8.87	9.18	10.17	10.02	10.45
Payables turnover	7.22	6.89	8.25	12.82	11.46
Inventory turnover	10.3	7.93	9.66	6.82	7.74
ROE	-0.05	0.02	0	-0.11	0.06
Capex per share	-0.13	-0.04	-0.18	-0.13	-0.11

Quarterly Fundamentals Overview

Last date of statement is 2023-12-30 for Q4

Metric	2022-12-31	2023-04-01	2023-07-01	2023-09-30	2023-12-30
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	2.6	2.49	2.11	2.49	2.81
Net income per share	-0.28	0.08	0.05	0.01	0.15
Operating cash flow per share	0.18	0.17	0.17	0.35	0.33
Free cash flow per share	0.17	0.15	0.16	0.32	0.28
Cash per share	1.39	1.53	1.67	1.98	2.23
Book value per share	4.71	4.82	4.86	4.91	5.1
Tangible book value per share	-2.68	-2.49	-2.27	-2.13	-1.87
Share holders equity per share	4.71	4.82	4.86	4.91	5.1
Interest debt per share	5.04	5	4.91	4.89	4.67
Market cap	1.45B	1.69B	2.02B	2.34B	2.29B
Enterprise value	1.81B	2.04B	2.35B	2.64B	2.56B
P/E ratio	-12.64	53.95	93.71	410.26	36.93
Price to sales ratio	5.54	6.7	9.28	9.07	7.85
POCF ratio	77.9	98.57	116.05	64.22	66.8
PFCF ratio	86.63	112.85	126.19	71.06	77.63
P/B Ratio	3.05	3.46	4.03	4.6	4.32
PTB ratio	3.05	3.46	4.03	4.6	4.32
EV to sales	6.91	8.06	10.79	10.22	8.76
Enterprise value over EBITDA	59.96	68.22	91.64	129.02	44.69
EV to operating cash flow	97.29	118.69	134.95	72.35	74.57
EV to free cash flow	108.2	135.88	146.74	80.06	86.66
Earnings yield	-0.02	0	0	0	0.01
Free cash flow yield	0.01	0.01	0.01	0.01	0.01
Debt to equity	1.05	1.02	0.99	0.98	0.91
Debt to assets	0.43	0.43	0.43	0.42	0.38
Net debt to EBITDA	11.95	11.56	12.84	14.5	4.66
Current ratio	2.71	2.97	3.34	3.02	2.9
Interest coverage	2.44	2.46	1.97	1.39	8.13
Income quality	-0.65	2.19	3.23	25.55	2.21
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.02	0	0	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.64	0.64	0.63	0.61	0.58
Capex to operating cash flow	-0.1	-0.13	-0.08	-0.1	-0.14
Capex to revenue	-0.01	-0.01	-0.01	-0.01	-0.02
Capex to depreciation	-0.19	-0.26	-0.16	-0.41	-0.56
Stock based compensation to revenue	0.02	0.02	0.03	0.02	0.02
Graham number	5.49	2.89	2.39	1.23	4.13
ROIC	0.02	0.01	0.01	0	0.03
Return on tangible assets	-0.07	0.02	0.01	0	0.03
Graham Net	-4.26	-4.02	-3.75	-3.52	-3.62
Working capital	208.68M	229.71M	247.87M	259.28M	283.7M
Tangible asset value	-270.92M	-252.38M	-234.03M	-220.94M	-194.53M
Net current asset value	-351.85M	-330.86M	-310.55M	-296.8M	-296.05M
Invested capital	1.05	1.02	0.99	0.98	0.91
Average receivables	85.83M	90.57M	80.67M	82.43M	97.31M
Average payables	64.13M	52.31M	51.25M	64.15M	72.82M
Average inventory	88.34M	89.66M	97.14M	94.09M	88.07M
Days sales outstanding	30.11	33.27	28.08	33.83	30.09
Days payables outstanding	23.81	27.37	28.88	40.25	27.57
Days of inventory on hand	44.76	42.89	65.88	39.99	40.84
Receivables turnover	2.99	2.71	3.21	2.66	2.99
Payables turnover	3.78	3.29	3.12	2.24	3.26
Inventory turnover	2.01	2.1	1.37	2.25	2.2
ROE	-0.06	0.02	0.01	0	0.03
Capex per share	-0.02	-0.02	-0.01	-0.03	-0.05

SOVO Frequently Asked Questions

What is Sovos Brands, Inc. stock symbol ?

Sovos Brands, Inc. is a US stock , located in Louisville of Co and trading under the symbol SOVO

What is Sovos Brands, Inc. stock quote today ?

Sovos Brands, Inc. stock price is $22.98 today.

Is Sovos Brands, Inc. stock public?

Yes, Sovos Brands, Inc. is a publicly traded company.

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Company Profile

Volume Average 1.64M
Market Capitalization 2.34B
Employee 751
CEO Mr. Todd R. Lachman
Headquarters Louisville,CO,US
IPO Date 2021-09-23
Website https://www.sovosbrands.com

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.