Sovos Brands, Inc. (SOVO) |
16.68 0.08 (0.48%)
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03-31 16:00 |
Open: |
16.64 |
Pre. Close: |
16.6 |
High:
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16.84 |
Low:
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16.615 |
Volume:
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432,171 |
Market Cap:
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1,672(M) |
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Technical analysis |
as of: 2023-03-31 4:22:13 PM |
Overall:
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Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected. |
Target: |
Six months: 19.8 One year: 23.13 |
Support: |
Support1: 14.4 Support2: 12.81 |
Resistance: |
Resistance1: 16.95 Resistance2: 19.8 |
Pivot: |
15.63  |
Moving Average: |
MA(5): 16.61 MA(20): 15.07 
MA(100): 14.02 MA(250): 14.29  |
MACD: |
MACD(12,26): 0.8 Signal(9): 0.6  |
Stochastic oscillator: |
%K(14,3): 90.7 %D(3): 91.7  |
RSI: |
RSI(14): 77.6  |
52-week: |
High: 16.95 Low: 12.5 |
Average Vol(K): |
3-Month: 324 (K) 10-Days: 383 (K) |
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Price, moving averages and Bollinger Bands |
Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.[ SOVO ] has closed below upper band by 22.0%. Bollinger Bands are 141% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 12 days. This is a sign that the current trend might continue. |
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Stock Price Prediction |
Update at 5:00pm EST |
If tomorrow:
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Open lower
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Open higher
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High:
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16.86 - 16.92 |
16.92 - 16.97 |
Low:
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16.44 - 16.52 |
16.52 - 16.59 |
Close:
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16.56 - 16.68 |
16.68 - 16.78 |
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Company Description |
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. |
Headline News |
Fri, 31 Mar 2023 SFM or SOVO: Which Is the Better Value Stock Right Now? - Nasdaq
Thu, 30 Mar 2023 13489 Shares in Sovos Brands, Inc. (NASDAQ:SOVO) Purchased by ... - MarketBeat
Wed, 29 Mar 2023 Top 5 Risk Off Stocks That May Crash In March By Benzinga - Investing.com UK
Sun, 19 Mar 2023 Don't Ignore The Fact That This Insider Just Sold Some Shares In Sovos Brands, Inc. (NASDAQ:SOVO) - Simply Wall St
Mon, 13 Mar 2023 Earnings Estimates for Sovos Brands, Inc. for Fiscal Year 2023 ... - Best Stocks
Sat, 11 Mar 2023 Sovos Brands, Inc. (NASDAQ:SOVO) Q4 2022 Earnings Call Transcript - Yahoo Finance
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Financial Analysis |
Price to Book Value: |
Outperform |
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
Price to Earnings: |
Underperform |
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
Discounted cash flow: |
Outperform |
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
Return on Assets: |
Neutral |
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
Return on Equity: |
Neutral |
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
Debt to Equity: |
Outperform |
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
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Free Technical Analysis Charts
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Stock Basics & Statistics |
Exchange: NASDAQ |
Sector: Consumer Defensive |
Industry: Packaged Foods |
Shares Out. |
101 (M) |
Shares Float |
38 (M) |
% Held by Insiders
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10.1 (%) |
% Held by Institutions
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92.2 (%) |
Shares Short
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1,710 (K) |
Shares Short P.Month
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1,680 (K) |
Stock Financials |
EPS
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0.07 |
EPS Est Next Qtl
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0 |
EPS Est This Year
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0 |
EPS Est Next Year
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0 |
Book Value (p.s.)
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2.08 |
Profit Margin (%)
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-3.6 |
Operating Margin (%)
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5.5 |
Return on Assets (ttm)
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2.3 |
Return on Equity (ttm)
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-8.1 |
Qtrly Rev. Growth
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16.8 |
Gross Profit (p.s.)
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2.18 |
Sales Per Share
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7.97 |
EBITDA (p.s.)
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0.82 |
Qtrly Earnings Growth
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0 |
Operating Cash Flow
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55 (M) |
Levered Free Cash Flow
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51 (M) |
Stock Valuations |
PE Ratio
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238.28 |
PEG Ratio
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5.1 |
Price to Book value
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7.98 |
Price to Sales
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2.09 |
Price to Cash Flow
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30.39 |
Stock Dividends |
Dividend
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0 |
Forward Dividend
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0 |
Dividend Yield
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0% |
Dividend Pay Date
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Invalid DateTime. |
Ex-Dividend Date
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Invalid DateTime. |
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