Sovos Brands (NASDAQ:SOVO – Get Rating) is one of 33 public companies in the "Food & kindred products" industry, but how does it weigh in compared to its rivals? We will compare Sovos Brands to related companies based on the strength of its institutional ownership, dividends, risk, analyst recommendations, valuation, profitability and earnings.

Earnings & Valuation

This table compares Sovos Brands and its rivals revenue, earnings per share and valuation.

Sovos Brands' rivals have higher revenue and earnings than Sovos Brands. Sovos Brands is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

Sovos Brands currently has a consensus price target of $17.73, suggesting a potential upside of 18.74%. As a group, "Food & kindred products" companies have a potential upside of 37.92%. Given Sovos Brands' rivals higher probable upside, analysts clearly believe Sovos Brands has less favorable growth aspects than its rivals.

Institutional & Insider Ownership

92.1% of Sovos Brands shares are owned by institutional investors. Comparatively, 60.2% of shares of all "Food & kindred products" companies are owned by institutional investors. 9.2% of Sovos Brands shares are owned by company insiders. Comparatively, 13.0% of shares of all "Food & kindred products" companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares Sovos Brands and its rivals' net margins, return on equity and return on assets.

About Sovos Brands

(Get Rating)

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.

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