SOVO RSI Chart
Last 7 days
0.8%
Last 30 days
3.9%
Last 90 days
4.5%
Trailing 12 Months
72.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 921.2M | 941.4M | 990.5M | 1.0B |
2022 | 739.7M | 775.3M | 805.5M | 878.4M |
2021 | 599.8M | 639.6M | 679.4M | 719.2M |
2020 | 0 | 0 | 474.0M | 560.1M |
2019 | 0 | 0 | 0 | 388.0M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 12, 2024 | cretella risa | back to issuer | - | - | -356,808 | chief sales officer |
Mar 12, 2024 | advent international, l.p. | back to issuer | -997,304,000 | 23.00 | -43,361,100 | - |
Mar 12, 2024 | johnson william r | back to issuer | - | - | -1,434,740 | - |
Mar 12, 2024 | jones isobel a | back to issuer | - | - | -189,465 | clo, gc and secretary |
Mar 12, 2024 | lachman todd r | back to issuer | - | - | -2,550,610 | ceo |
Mar 12, 2024 | lachman todd r | back to issuer | - | - | -334,828 | ceo |
Mar 12, 2024 | case jefferson m | back to issuer | -997,304,000 | 23.00 | -43,361,100 | - |
Mar 12, 2024 | lachman todd r | acquired | - | - | 513,010 | ceo |
Mar 12, 2024 | mathur neha | back to issuer | -997,304,000 | 23.00 | -43,361,100 | - |
Mar 12, 2024 | jensen kirk a. | acquired | - | - | 85,596 | chief operating officer |
Which funds bought or sold SOVO recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | sold off | -100 | -1,194,200 | - | -% |
May 16, 2024 | Murchinson Ltd. | sold off | -100 | -3,368,390 | - | -% |
May 16, 2024 | JANE STREET GROUP, LLC | sold off | -100 | -280,684 | - | -% |
May 15, 2024 | Gotham Asset Management, LLC | sold off | -100 | -1,224,540 | - | -% |
May 15, 2024 | MARSHALL WACE, LLP | sold off | -100 | -9,798,700 | - | -% |
May 15, 2024 | Voya Investment Management LLC | sold off | -100 | -437,384 | - | -% |
May 15, 2024 | JANUS HENDERSON GROUP PLC | sold off | -100 | -13,568,800 | - | -% |
May 15, 2024 | Tower Research Capital LLC (TRC) | sold off | -100 | -226,226 | - | -% |
May 15, 2024 | Polar Asset Management Partners Inc. | sold off | -100 | -2,313,150 | - | -% |
May 15, 2024 | FARALLON CAPITAL MANAGEMENT LLC | sold off | -100 | -9,208,540 | - | -% |
Unveiling Sovos Brands, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Sovos Brands, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADM | 30.5B | 91.7B | 10.02 | 0.33 | ||||
BG | 15.0B | 61.3B | 7.7 | 0.25 | ||||
CAG | 14.7B | 12.1B | 15.43 | 1.21 | ||||
CPB | 13.8B | 9.3B | 18.08 | 1.49 | ||||
ACI | 11.9B | 79.2B | 9.19 | 0.15 | ||||
MID-CAP | ||||||||
BRBR | 7.5B | 1.8B | 39.11 | 4.06 | ||||
FRPT | 6.1B | 823.2M | 627.36 | 7.45 | ||||
FLO | 5.2B | 5.1B | 41.05 | 1.01 | ||||
CENT | 3.0B | 3.3B | 20.35 | 0.91 | ||||
CALM | 2.8B | 2.4B | 10.29 | 1.19 | ||||
SMALL-CAP | ||||||||
ANDE | 1.8B | 13.6B | 14.42 | 0.13 | ||||
BGS | 743.1M | 2.0B | -6.76 | 0.37 | ||||
BYND | 467.2M | 326.7M | -1.4 | 1.43 | ||||
ALCO | 208.0M | 103.1M | 5.21 | 2.02 | ||||
AQB | 7.1M | 2.6M | -0.22 | 2.8 |
Sovos Brands, Inc. News
Income Statement (Quarterly) | ||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2019Q4 |
Revenue | 13.2% | 292,051,000 | 257,944,000 | 217,635,000 | 252,791,000 | 262,098,000 | 208,907,000 | 197,433,000 | 209,933,000 | 189,244,000 | 178,733,000 | 161,838,000 | 189,371,000 | 163,149,500 | 136,928,000 | - |
Gross Profit | 14.4% | 87,474,000 | 76,493,000 | 70,707,000 | 70,812,000 | 75,917,000 | 61,817,000 | 55,023,000 | 53,908,000 | 59,492,000 | 49,855,000 | 49,703,000 | 61,742,000 | - | 45,665,000 | - |
Operating Expenses | -11.0% | 57,383,000 | 64,510,000 | 53,637,000 | 49,394,000 | 104,160,000 | 51,174,000 | 88,701,000 | 41,118,000 | 61,598,000 | 38,425,000 | 43,667,000 | 40,623,000 | - | - | - |
S&GA Expenses | -12.2% | 51,329,000 | 58,471,000 | 47,633,000 | 43,414,000 | 45,696,000 | 43,965,000 | 39,449,000 | 33,915,000 | 43,693,000 | 31,189,000 | 26,745,000 | 33,433,000 | - | 33,311,000 | - |
EBITDA Margin | 433.8% | 0.05 | -0.01 | -0.01 | -0.06 | -0.06 | -0.04 | -0.06 | 0.00 | 0.03 | 0.05 | 0.05 | 0.05 | 0.06 | - | - |
Interest Expenses | 6.3% | -8,077,000 | -8,621,000 | -8,678,000 | -8,701,000 | -9,437,000 | -6,679,000 | -5,713,000 | -6,022,000 | -18,338,000 | -12,547,000 | 6,699,000 | 5,367,000 | - | 4,293,000 | - |
Income Taxes | 235.8% | 6,501,000 | 1,936,000 | 3,003,000 | 4,871,000 | -8,993,000 | 2,500,000 | -9,106,000 | 2,711,000 | -4,538,000 | 3,497,000 | 676,000 | 4,040,000 | - | -226,000 | - |
Earnings Before Taxes | 554.8% | 22,014,000 | 3,362,000 | 8,392,000 | 12,717,000 | -37,680,000 | 3,964,000 | -39,391,000 | 6,768,000 | -8,378,000 | -1,117,000 | -663,000 | 15,752,000 | - | 2,010,000 | - |
EBT Margin | 441.6% | 0.05 | -0.01 | -0.01 | -0.07 | -0.08 | -0.05 | -0.05 | 0.00 | 0.01 | 0.03 | 0.03 | 0.03 | 0.03 | - | - |
Net Income | 987.9% | 15,513,000 | 1,426,000 | 5,389,000 | 7,846,000 | -28,687,000 | 1,464,000 | -30,285,000 | 4,057,000 | -3,840,000 | -4,614,000 | -1,339,000 | 11,712,000 | - | 2,236,000 | - |
Net Income Margin | 308.8% | 0.03 | -0.01 | -0.01 | -0.05 | -0.06 | -0.04 | -0.04 | -0.01 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | - | - |
Free Cashflow | -10.4% | 29,520,000 | 32,931,000 | 16,008,000 | 15,004,000 | 16,747,000 | 9,287,000 | 2,525,000 | 4,019,000 | 19,567,000 | 3,193,000 | 9,037,000 | 964,000 | - | - | - |
Balance Sheet | ||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2020Q4 |
Assets | 3.5% | 1,235 | 1,193 | 1,166 | 1,166 | 1,159 | 1,179 | 1,157 | 1,190 | 1,178 | 1,183 | 1,145 |
Current Assets | 11.8% | 433 | 387 | 354 | 346 | 331 | 256 | 227 | 210 | 195 | 195 | 149 |
Cash Equivalents | 14.5% | 232 | 203 | 170 | 154 | 139 | 82.00 | 73.00 | 70.00 | 66.00 | 43.00 | 37.00 |
Inventory | 18.5% | 96.00 | 81.00 | 108 | 87.00 | 93.00 | 84.00 | 77.00 | 50.00 | 52.00 | 60.00 | 47.00 |
Net PPE | 2.8% | 65.00 | 63.00 | 62.00 | 63.00 | 64.00 | 65.00 | 67.00 | 68.00 | 63.00 | 57.00 | 59.00 |
Goodwill | 0% | 395 | 395 | 395 | 395 | 395 | 395 | 395 | 437 | 437 | 437 | 437 |
Liabilities | 3.0% | 705 | 684 | 664 | 677 | 683 | 679 | 665 | 673 | 668 | 973 | 548 |
Current Liabilities | 16.5% | 149 | 128 | 106 | 116 | 122 | 116 | 101 | 97.00 | 92.00 | 103 | 100 |
Long Term Debt | 0.0% | 484 | 484 | 483 | 483 | 482 | 482 | 482 | 482 | 481 | 769 | 360 |
LT Debt, Current | - | 0.00 | - | - | - | 0.00 | - | - | - | - | - | - |
Shareholder's Equity | 4.1% | 530 | 509 | 502 | 489 | 476 | 499 | 492 | 518 | 509 | 211 | 597 |
Retained Earnings | 17.5% | -73.12 | -88.63 | -90.06 | -95.44 | -103 | -74.60 | -76.07 | -45.78 | -49.84 | -46.00 | -51.76 |
Additional Paid-In Capital | 1.0% | 602 | 596 | 590 | 583 | 578 | 572 | 568 | 563 | 559 | 256 | 654 |
Shares Outstanding | 0.1% | 101 | 101 | 101 | 101 | 101 | 101 | 101 | 101 | 81.00 | 74.00 | 74.00 |
Float | - | - | - | 1,070 | - | - | - | 442 | - | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2019Q4 |
Cashflow From Operations | -5.9% | 34,304 | 36,437 | 17,406 | 17,177 | 18,625 | 10,496 | 5,075 | 11,199 | 28,638 | 5,700 | 10,274 | 2,331 | - | - | - |
Share Based Compensation | -3.2% | 6,165 | 6,367 | 6,419 | 5,508 | 5,198 | 4,606 | 4,547 | 4,087 | 7,739 | 979 | 544 | 561 | - | - | - |
Cashflow From Investing | -36.5% | -4,784 | -3,506 | -1,398 | -2,173 | 38,122 | -1,209 | -2,550 | -7,180 | -9,071 | -2,507 | -1,237 | -1,367 | - | - | - |
Cashflow From Financing | -75.0% | -56.00 | -32.00 | -21.00 | -20.00 | -19.00 | -12.00 | -23.00 | -24.00 | 3,472 | -55.00 | -13,031 | 5,981 | - | - | - |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 30, 2023 | Dec. 31, 2022 | Dec. 25, 2021 | |
Condensed Consolidated Statements of Operations | |||
Net sales | $ 1,020,421 | $ 878,371 | $ 719,186 |
Revenue, Product and Service [Extensible Enumeration] | us-gaap:ProductMember | us-gaap:ProductMember | us-gaap:ProductMember |
Cost of sales | $ 714,935 | $ 631,706 | $ 498,394 |
Cost, Product and Service [Extensible Enumeration] | us-gaap:ProductMember | us-gaap:ProductMember | us-gaap:ProductMember |
Gross profit | $ 305,486 | $ 246,665 | $ 220,792 |
Operating expenses: | |||
Selling, general and administrative | 200,847 | 163,025 | 135,060 |
Depreciation and amortization | 24,077 | 28,785 | 28,871 |
Loss on asset sale | 51,291 | ||
Impairment of goodwill | 0 | 42,052 | 0 |
Loss on extinguishment of debt | 15,382 | ||
Forgiveness of capital advance | 5,000 | ||
Total operating expenses | 224,924 | 285,153 | 184,313 |
Operating income (loss) | 80,562 | (38,488) | 36,479 |
Interest (income) | (8,503) | (1,050) | (102) |
Interest expense | 42,580 | 28,901 | 30,987 |
Interest expense, net | 34,077 | 27,851 | 30,885 |
Income (loss) before income taxes | 46,485 | (66,339) | 5,594 |
Income tax (expense) benefit | (16,311) | 12,888 | (3,675) |
Net income (loss) | $ 30,174 | $ (53,451) | $ 1,919 |
Earnings (loss) per share: | |||
Basic (in dollars per share) | $ 0.30 | $ (0.53) | $ 0.02 |
Diluted (in dollars per share) | $ 0.29 | $ (0.53) | $ 0.02 |
Weighted average shares outstanding: | |||
Basic (in shares) | 101,303,730 | 100,917,978 | 80,616,326 |
Diluted (in shares) | 103,143,363 | 100,917,978 | 80,616,326 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 30, 2023 | Dec. 31, 2022 |
---|---|---|
CURRENT ASSETS: | ||
Cash and cash equivalents | $ 231,988 | $ 138,654 |
Accounts receivable, net | 97,655 | 87,695 |
Inventories, net | 95,515 | 92,602 |
Prepaid expenses and other current assets | 7,843 | 11,974 |
Total current assets | 433,001 | 330,925 |
Property and equipment, net | 64,699 | 64,317 |
Operating lease right-of-use assets | 11,447 | 13,332 |
Goodwill | 395,399 | 395,399 |
Intangible assets, net | 329,122 | 351,547 |
Other long-term assets | 1,313 | 3,279 |
TOTAL ASSETS | 1,234,981 | 1,158,799 |
CURRENT LIABILITIES: | ||
Accounts payable | 64,486 | 49,264 |
Accrued expenses | 81,356 | 69,571 |
Current portion of long-term debt | 184 | 99 |
Current portion of long-term operating lease liabilities | 3,275 | 3,308 |
Total current liabilities | 149,301 | 122,242 |
Long-term debt, net of debt issuance costs | 483,800 | 482,344 |
Deferred income taxes | 60,157 | 63,644 |
Long-term operating lease liabilities | 11,388 | 14,063 |
Other long-term liabilities | 346 | 483 |
TOTAL LIABILITIES | 704,992 | 682,776 |
COMMITMENTS AND CONTINGENCIES (Note 12) | ||
STOCKHOLDERS' EQUITY: | ||
Preferred stock, $0.001 par value per share, 10,000,000 shares authorized, no shares issued and outstanding | ||
Common stock, $0.001 par value per share, 500,000,000 shares authorized, 101,455,355 and 100,967,910 shares issued and outstanding as of December 30, 2023 and December 31, 2022, respectively | 101 | 101 |
Additional paid-in-capital | 602,123 | 577,664 |
Accumulated deficit | (73,117) | (103,291) |
Accumulated other comprehensive income | 882 | 1,549 |
TOTAL STOCKHOLDERS' EQUITY | 529,989 | 476,023 |
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ 1,234,981 | $ 1,158,799 |