Sovos Brands (SOVO) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
50-Day Range
52-Week Range
Average Volume
1.85 million shs
Market Capitalization
$2.34 billion
P/E Ratio
Dividend Yield
Price Target

Sovos Brands MarketRank™ Stock Analysis

Analyst Rating
2.00 Rating Score
0.4% Upside
$23.06 Price Target
Short Interest
Dividend Strength
News Sentiment
Insider Trading
Selling Shares
$490,143 Sold Last Quarter
Proj. Earnings Growth
From $0.93 to $1.12 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.34 out of 5 stars

Consumer Defensive Sector

2nd out of 2 stocks

Packaged Foods Industry

2nd out of 2 stocks

SOVO stock logo

About Sovos Brands Stock (NASDAQ:SOVO)

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. It sells its products principally to retail outlets and wholesale distributors, including traditional supermarkets, mass merchants, warehouse clubs, wholesalers, specialty food distributors, and military commissaries, as well as non-food outlets, including drug store chains, dollar stores, and e-commerce retailers. Sovos Brands, Inc. was incorporated in 2017 and is headquartered in Louisville, Colorado. As of March 12, 2024, Sovos Brands, Inc. operates as a subsidiary of Campbell Soup Company.

SOVO Stock News Headlines

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Recap: Sovos Brands Q4 Earnings
Stifel Nicolaus Keeps Their Hold Rating on Sovos Brands (SOVO)
Piper Sandler Reaffirms Their Hold Rating on Sovos Brands (SOVO)
BFG Partners Activates Third Fund
NOG Apr 2024 36.000 call
PE dealmakers temper 2024 M&A expectations
Telsey Advisory Reaffirms Their Hold Rating on Sovos Brands (SOVO)
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Packaged Foods
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
7 Analysts


Net Income
$30.17 million
Pretax Margin


Sales & Book Value

Annual Sales
$1.02 billion
Cash Flow
$1.16 per share
Book Value
$5.22 per share


Free Float
Market Cap
$2.34 billion
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Key Executives

  • Mr. Todd R. LachmanMr. Todd R. Lachman (Age 61)
    Founder, CEO & Director
    Comp: $2.71M
  • Mr. E. Yuri Hermida (Age 49)
    Comp: $691.55k
  • Mr. Kirk A. Jensen (Age 49)
    Chief Operating Officer
    Comp: $983.75k
  • Mr. Christopher W. Hall (Age 62)
    Chief Financial Officer
    Comp: $721.54k
  • Ms. Lisa Y. O'Driscoll (Age 49)
    Chief Administrative Officer
  • Mr. Joshua Levine
    Vice President of Investor Relations
  • Ms. Isobel A. Jones Esq. (Age 57)
    Chief Legal Officer, General Counsel & Secretary
  • Ms. Risa Cretella (Age 43)
    Chief Sales Officer
  • Ms. Katie J. Gvazdinskas (Age 44)
    Chief Human Resources Officer
  • Mr. Lance Byers
    Senior Vice President of Logistics & Customer Service

SOVO Stock Analysis - Frequently Asked Questions

Should I buy or sell Sovos Brands stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sovos Brands in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SOVO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOVO, but not buy additional shares or sell existing shares.
View SOVO analyst ratings
or view top-rated stocks.

What is Sovos Brands' stock price target for 2024?

7 brokers have issued 1 year target prices for Sovos Brands' shares. Their SOVO share price targets range from $22.50 to $24.00. On average, they predict the company's stock price to reach $23.06 in the next year. This suggests a possible upside of 0.4% from the stock's current price.
View analysts price targets for SOVO
or view top-rated stocks among Wall Street analysts.

When is Sovos Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our SOVO earnings forecast

How were Sovos Brands' earnings last quarter?

Sovos Brands, Inc. (NASDAQ:SOVO) announced its earnings results on Wednesday, February, 28th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.06. The business earned $292.05 million during the quarter, compared to analyst estimates of $271.10 million. Sovos Brands had a trailing twelve-month return on equity of 16.33% and a net margin of 2.96%.

What ETF holds Sovos Brands' stock?

AltShares Merger Arbitrage ETF holds 56,816 shares of SOVO stock, representing 2.12% of its portfolio.

When did Sovos Brands IPO?

Sovos Brands (SOVO) raised $350 million in an IPO on Thursday, September 23rd 2021. The company issued 23,334,000 shares at $14.00-$16.00 per share.

This page (NASDAQ:SOVO) was last updated on 4/24/2024 by Staff

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