After moving -0.4% during today's afternoon session, Sovos Brands is now trading at a price of $22.54 per share. On average, analysts give it a target price of $22.56.
Sovos Brands, Inc., through its subsidiaries, operates as a consumer-packaged food company that manufactures and distributes consumer food products in the United States.
Potential Sovos Brands Investors Should Analyze the Following:
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The company has a price to earnings growth (PEG) ratio of 1.99. A number between 0 and 1 could mean that the market is undervaluing Sovos Brands's estimated growth potential
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Its Price to Book (P/B) ratio is 4.55
Understanding Sovos Brands's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 878,371 | 191,810 | 6.25 | -20.99 |
| 2021-12-31 | 719,186 | 163,931 | 7.91 | 18.41 |
| 2020-12-31 | 560,067 | 149,356 | 6.68 | 560.69 |
| 2019-12-31 | 388,004 | 118,251 | -1.45 | n/a |
Over the last 4 years, Sovos Brands's operating margins have averaged only 4.8%, with a high coefficient of variability of 87.8%. On the other hand, we note that the firm's margins are growing at a 51.8% compounded average yearly rate.
