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SOVO - Sovos Brands, Inc.
Market Cap 1.80B P/E - EPS this Y 10.00% Ern Qtrly Grth -
Income 30.17M Forward P/E 23.67 EPS next Y 34.10% 50D Avg Chg -5.00%
Sales 1.02B PEG 1.31 EPS past 5Y - 200D Avg Chg 13.00%
Dividend N/A Price/Book 3.67 EPS next 5Y 20.00% 52W High Chg -14.00%
Recommedations 2.70 Quick Ratio 2.22 Shares Outstanding 101.86M 52W Low Chg 39.00%
Insider Own 4.22% ROA 5.11% Shares Float 63.53M Beta 0.01
Inst Own 110.30% ROE 6.00% Shares Shorted/Prior 12.07M/13.03M Price 17.75
Gross Margin 29.96% Profit Margin 2.96% Avg. Volume 613,037 Target Price 23.00
Oper. Margin 11.20% Earnings Date May 8 Volume 216,800 Change 0.34%
Consumer Defensive | Packaged Foods | United States
About Sovos Brands, Inc.

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.

Sovos Brands, Inc. News
03/13/24 Campbell (CPB) Fuels Meals & Beverages With Sovos Brands Buyout
03/12/24 Ross Stores (ROST) Opens 18 Stores, In Line With Store Expansion
03/12/24 Campbell Soup a ‘compelling story’ after closing $2.7B Sovos deal
03/12/24 Campbell Soup completes $2.33 billion Sovos deal after delays
03/12/24 Campbell Soup completes $2.33 bln Sovos deal after delays
03/11/24 SpartanNash (SPTN) Hikes Dividend: What Else Should You Know?
03/07/24 Campbell Soup Co (CPB) Reports Mixed Fiscal Q2 2024 Results Amidst Pending Sovos Brands Acquisition
03/07/24 Decoding Campbell Soup Co (CPB): A Strategic SWOT Insight
03/06/24 Q2 2024 Campbell Soup Co Earnings Call
03/06/24 Sovos Brands, Inc. (SOVO) Hits Fresh High: Is There Still Room to Run?
03/01/24 Is Sprouts Farmers Market (SFM) Outperforming Other Retail-Wholesale Stocks This Year?
02/28/24 Sovos Brands, Inc. (SOVO) Q4 Earnings and Revenues Beat Estimates
02/28/24 Sovos Brands Inc (SOVO) Surpasses $1 Billion in Net Sales with Robust Year-Over-Year Growth
02/28/24 Sovos Brands Reports Fourth Quarter and Fiscal Year 2023 Financial Results
02/21/24 Sovos Brands, Inc. (SOVO) Earnings Expected to Grow: Should You Buy?
02/21/24 Sprouts Farmers Market, Inc. (SFM) Soars to 52-Week High, Time to Cash Out?
02/15/24 Investing in Sovos Brands (NASDAQ:SOVO) a year ago would have delivered you a 69% gain
02/14/24 Sovos Brands Announces Fourth Quarter and Fiscal Year 2023 Earnings Date
02/13/24 Campbell Soup expects to close Sovos Brands deal 'within days' of March 11
02/13/24 Campbell and Sovos Brands Certify Substantial Compliance with Second Request from FTC; Begins the Start of 30-Day Waiting Period
SOVO Chatroom

User Image CaridinaCapital Posted - 1 month ago

Another merger arbitrage play closes today: $SOVO is getting delisted for its planned sale to $CPB A very satisfactory return of +4.26% for my portfolio, coming in at a +22.85% annualized return. That makes it 2 out of 2 successful merger arbitrage deals since I started the strategy at the end of last year.

User Image Stock_Titan Posted - 1 month ago

$SOVO Flagship Food Group Rebrands to Insignia International and Will Unveil New Logo Live at Natural Products Expo West https://www.stocktitan.net/news/SOVO/flagship-food-group-rebrands-to-insignia-international-and-will-z4u0zc9nyiar.html

User Image SM095 Posted - 1 month ago

Pending news list: $LMFA, $CUROQ,$SNCE, $SOVO

User Image tradethehalt Posted - 1 month ago

$SOVO trade halt (T12) was alerted to our Members at 7:50pm EDT. Halt price: $23.00 Vol: 6.87M.

User Image biobaby Posted - 1 month ago

$SOVO Rather suspicious tape painting on 100 shares at 4 am this morning. https://www.nasdaq.com/market-activity/stocks/sovo/pre-market-trades

User Image StockInvest_us Posted - 02/29/24

Signal alert: $SOVO - PivotPoint bottom https://stockinvest.us/l/zico0o8AOh

User Image DonCorleone77 Posted - 02/28/24

$SOVO Sovos Brands reports Q4 adjusted EPS 26c, consensus 19c Reports Q4 revenue $292.05M, consensus $262.69M. "Fiscal year 2023 was a landmark year for Sovos Brands," commented Todd Lachman, CEO. "Our team delivered sector-leading, volume-driven top and bottom-line growth, surpassing $1 billion of net sales and $150 million of adjusted EBITDA, expanded margins by nearly 200 bps and improved net leverage to 1.6x. Notably, net sales growth was driven primarily by volumes in contrast to most of our peers."

User Image Stock_Titan Posted - 02/28/24

$SOVO Sovos Brands Reports Fourth Quarter and Fiscal Year 2023 Financial Results https://www.stocktitan.net/news/SOVO/sovos-brands-reports-fourth-quarter-and-fiscal-year-2023-financial-3gi3o03bl3yt.html

User Image StockInvest_us Posted - 2 months ago

Signal alert: $SOVO - Overbought Trend Short (Overvalued) https://stockinvest.us/l/IFhaeFKtAk

User Image insiderbuyingselling Posted - 2 months ago

$SOVO new insider selling: 13255 shares. http://insiderbuyingselling.com/?t=SOVO

User Image StockInvest_us Posted - 2 months ago

Signal alert: $SOVO - Double Top https://stockinvest.us/l/6TIU12CL4y

User Image StockInvest_us Posted - 2 months ago

Signal alert: $SOVO - PivotPoint bottom https://stockinvest.us/l/GREKms9eQJ

User Image insiderbuyingselling Posted - 2 months ago

$SOVO new insider selling: 2785 shares. http://insiderbuyingselling.com/?t=SOVO

User Image Stock_Titan Posted - 2 months ago

$SOVO Sovos Brands Announces Fourth Quarter and Fiscal Year 2023 Earnings Date https://www.stocktitan.net/news/SOVO/sovos-brands-announces-fourth-quarter-and-fiscal-year-2023-earnings-azjslqmtw75r.html

User Image MichDe Posted - 2 months ago

$SOVO $CPB State expected closing by March 11 2024 .. https://www.reuters.com/markets/deals/campbell-soup-expects-close-sovos-brands-deal-within-days-march-11-2024-02-13/

User Image CTFNLighthouse Posted - 2 months ago

$SOVO $CPB Campbell Soup and Sovos Brands announced that both companies have certified substantial compliance with the US Federal Trade Commission’s second request regarding their proposed merger. The certification of substantial compliance initiated a 30-day waiting period, expected to expire on March 11, after which the sale may be finalized. The parties said they expect the transaction to close within days of the March 11 expiration date.

User Image Stock_Titan Posted - 2 months ago

$SOVO Campbell and Sovos Brands Certify Substantial Compliance with Second Request from FTC; Begins the Start of 30-Day Waiting Period https://www.stocktitan.net/news/SOVO/campbell-and-sovos-brands-certify-substantial-compliance-with-second-fq8tayz2km13.html

User Image biobaby Posted - 01/26/24

$SOVO Did get a reverse conversion down here yesterday, a silly riskless ROI with brokers that respect/understand the conversion/reversion trade and require just 10-15% in margin. Normally give my Patreons the first crack at the free money, the arb opportunities do not stay available for too long. https://www.patreon.com/Arbitrageurs

User Image ChartLaboratory_com Posted - 3 months ago

$SOVO long term swing to $26.00

User Image tickeron Posted - 3 months ago

$SOVO 7 Insiders at Sovos Brands sold 44,155 shares last week for $975.4K https://srnk.us/go/4975334

User Image MarketBeatInsiderTrades Posted - 3 months ago

Sovos Brands CEO Todd Lachman Sells $209,369.02 in $SOVO www.marketbeat.com/stocks/NASDAQ/SOVO/insider-trades/

User Image MarketBeatInsiderTrades Posted - 3 months ago

Sovos Brands CFO Christopher Hall Sells $84,891.87 in $SOVO www.marketbeat.com/stocks/NASDAQ/SOVO/insider-trades/

User Image MarketBeatInsiderTrades Posted - 3 months ago

Sovos Brands COO Kirk Jensen Sells $282,796.18 in $SOVO www.marketbeat.com/stocks/NASDAQ/SOVO/insider-trades/

User Image MarketBeatInsiderTrades Posted - 3 months ago

Sovos Brands Insider Lisa O'driscoll Sells $28,186.84 in $SOVO www.marketbeat.com/stocks/NASDAQ/SOVO/insider-trades/

User Image risenhoover Posted - 3 months ago

Insider O'Driscoll Lisa Y. reports selling 1,276 shares of $SOVO for a total cost of $28,186.20 https://fintel.io/n/us/sovo/o-driscoll-lisa-y?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=insider

User Image risenhoover Posted - 3 months ago

Insider Jensen Kirk A. reports selling 12,802 shares of $SOVO for a total cost of $282,789.78 https://fintel.io/n/us/sovo/jensen-kirk-a?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=insider

User Image risenhoover Posted - 3 months ago

Insider Risa Cretella reports selling 7,627 shares of $SOVO for a total cost of $168,476.62 https://fintel.io/n/us/sovo/cretella-risa?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=insider

User Image risenhoover Posted - 3 months ago

Insider Katie Gvazdinskas reports selling 1,607 shares of $SOVO for a total cost of $35,497.83 https://fintel.io/n/us/sovo/gvazdinskas-katie?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=insider

User Image risenhoover Posted - 3 months ago

Insider Isobel A Jones reports selling 7,522 shares of $SOVO for a total cost of $166,157.22 https://fintel.io/n/us/sovo/jones-isobel-a?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=insider

User Image cctranscripts Posted - 3 months ago

Sovos Brands, Inc. insider just disposed of 9,478 shares https://www.conferencecalltranscripts.org/summary/?id=12877809 $SOVO

Analyst Ratings
Telsey Advisory Group Market Perform Feb 23, 24
Telsey Advisory Group Outperform Nov 6, 23
Piper Sandler Neutral Aug 9, 23
Stephens & Co. Equal-Weight Aug 8, 23
William Blair Market Perform Aug 8, 23
Stifel Hold Aug 8, 23
JP Morgan Neutral Aug 8, 23
Telsey Advisory Group Market Perform Aug 8, 23
Needham Hold Aug 7, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
O'Driscoll Lisa Y. CHIEF ADMINISTRATIVE.. CHIEF ADMINISTRATIVE OFFICER Jan 16 Sell 22.0895 1,276 28,186 187,208 01/18/24
Jensen Kirk A. CHIEF OPERATING OFFI.. CHIEF OPERATING OFFICER Jan 16 Sell 22.0895 12,802 282,790 326,099 01/18/24
Cretella Risa CHIEF SALES OFFICER CHIEF SALES OFFICER Jan 16 Sell 22.0895 7,627 168,477 261,477 01/18/24
Gvazdinskas Katie CHIEF HUMAN RESOURCE.. CHIEF HUMAN RESOURCES OFFICER Jan 16 Sell 22.0895 1,607 35,498 67,335 01/18/24
Jones Isobel A CLO, GC AND SECRETAR.. CLO, GC AND SECRETARY Jan 16 Sell 22.0895 7,522 166,157 140,614 01/18/24
Hall Christopher W. CHIEF FINANCIAL OFFI.. CHIEF FINANCIAL OFFICER Jan 16 Sell 22.0895 3,843 84,890 307,507 01/18/24
LACHMAN TODD R CEO CEO Jan 16 Sell 22.0895 9,478 209,364 1,970,283 01/18/24
Hall Christopher W. CHIEF FINANCIAL OFFI.. CHIEF FINANCIAL OFFICER Dec 06 Sell 21.9613 67,284 1,477,644 311,350 12/07/23
Hermida Yuri CHIEF GROWTH OFFICER CHIEF GROWTH OFFICER Oct 26 Sell 21.65 40,837 884,121 308,506 12/05/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Sep 11 Sell 22.53 6,250 140,812 334,828 09/12/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Aug 28 Sell 22.54 56,250 1,267,875 336,078 08/30/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Jul 17 Sell 18.5 56,250 1,040,625 369,828 07/17/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Jul 03 Sell 19.62 56,250 1,103,625 381,078 07/06/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Jun 12 Sell 18.27 56,250 1,027,688 403,578 06/14/23
Jensen Kirk A. CHIEF OPERATING OFFI.. CHIEF OPERATING OFFICER May 23 Sell 17.81 41,657 741,911 338,901 05/24/23
Gvazdinskas Katie CHIEF HUMAN RESOURCE.. CHIEF HUMAN RESOURCES OFFICER May 23 Sell 17.4643 5,903 103,092 68,942 05/24/23
O'Driscoll Lisa Y. CHIEF ADMINISTRATIVE.. CHIEF ADMINISTRATIVE OFFICER May 23 Sell 17.4221 38,123 664,183 188,484 05/24/23
Graves Robert L Director Director May 17 Sell 17.30 350,000 6,055,000 3,342,867 05/19/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO May 01 Sell 17.09 100,000 1,709,000 414,828 05/02/23
Cretella Risa CHIEF SALES OFFICER CHIEF SALES OFFICER Apr 03 Sell 17 13,641 231,897 281,286 04/05/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Apr 03 Sell 16.9 112,500 1,901,250 434,828 04/05/23
Jensen Kirk A. CHIEF OPERATING OFFI.. CHIEF OPERATING OFFICER Mar 23 Sell 16 16,000 256,000 380,558 03/27/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Mar 23 Sell 16 37,500 600,000 457,328 03/27/23
Graves Robert L Director Director Mar 17 Sell 15 10,669 160,035 3,692,867 03/21/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Mar 17 Sell 15 37,500 562,500 464,828 03/21/23
Graves Robert L Director Director Mar 15 Sell 14.53 77,756 1,129,795 3,703,536 03/17/23
Graves Robert L Director Director Mar 13 Sell 14.14 49,694 702,673 3,781,292 03/15/23
Graves Robert L Director Director Mar 09 Sell 15.18 26,476 401,906 3,830,986 03/13/23
O'Driscoll Lisa Y. CHIEF ADMINISTRATIVE.. CHIEF ADMINISTRATIVE OFFICER Aug 24 Sell 14.6757 43,000 631,055 217,169 01/23/23
O'Driscoll Lisa Y. CHIEF ADMINISTRATIVE.. CHIEF ADMINISTRATIVE OFFICER Jul 01 Sell 16.15 20,000 323,000 260,169 01/23/23
O'Driscoll Lisa Y. CHIEF ADMINISTRATIVE.. CHIEF ADMINISTRATIVE OFFICER Jan 17 Sell 13.5422 1,353 18,323 215,816 01/19/23
Tuan Priscilla CHIEF MARKETING OFFI.. CHIEF MARKETING OFFICER Jan 17 Sell 13.5463 5,184 70,224 253,453 01/19/23
Gvazdinskas Katie CHIEF HUMAN RESOURCE.. CHIEF HUMAN RESOURCES OFFICER Jan 17 Sell 13.5405 1,705 23,087 64,054 01/19/23
Behr Wendy K. CHIEF R&D OFFICER CHIEF R&D OFFICER Jan 17 Sell 13.5471 1,574 21,323 143,911 01/19/23
Jones Isobel A CLO, GC AND SECRETAR.. CLO, GC AND SECRETARY Jan 17 Sell 13.4789 7,999 107,818 142,204 01/19/23
Cretella Risa EXECUTIVE VICE PRESI.. EXECUTIVE VICE PRESIDENT Jan 17 Sell 13.5529 8,274 112,137 287,765 01/19/23
Jensen Kirk A. CHIEF OPERATING OFFI.. CHIEF OPERATING OFFICER Jan 17 Sell 13.51 42,433 573,270 382,170 01/19/23
Hall Christopher W. CHIEF FINANCIAL OFFI.. CHIEF FINANCIAL OFFICER Jan 17 Sell 13.5448 4,233 57,335 357,256 01/19/23
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Jan 17 Sell 13.5504 9,975 135,165 2,515,373 01/19/23
Graves Robert L Director Director Nov 11 Sell 13.99 144,534 2,022,031 3,962,928 11/15/22
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Sep 01 Sell 15 12,500 187,500 472,328 09/06/22
LACHMAN TODD R PRESIDENT AND CEO PRESIDENT AND CEO Aug 25 Sell 15 12,500 187,500 474,828 08/26/22
O'Driscoll Lisa Y. CHIEF ADMINISTRATIVE.. CHIEF ADMINISTRATIVE OFFICER Aug 24 Sell 14.6757 43,000 631,055 208,683 08/26/22
Roberts David Warshavsky Director Director Aug 22 Sell 13.37 1,275,000 17,046,750 56,265,129 08/24/22
Mathur Neha Director Director Aug 22 Sell 13.37 1,275,000 17,046,750 56,265,129 08/24/22
ADVENT INTERNATIONAL CORP/MA 10% Owner 10% Owner Aug 22 Sell 13.37 1,275,000 17,046,750 56,265,129 08/24/22
O'Driscoll Lisa Y. CHIEF ADMINISTRATIVE.. CHIEF ADMINISTRATIVE OFFICER Jul 01 Sell 16.15 20,000 323,000 251,683 07/06/22