Should You Accumulate Sovos Brands Inc (SOVO) in Packaged Foods Industry?

Monday, March 11, 2024 12:12 PM | InvestorsObserver Analysts

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Should You Accumulate Sovos Brands Inc (SOVO) in Packaged Foods Industry?

Sovos Brands Inc (SOVO) is near the top in its industry group according to InvestorsObserver. SOVO gets an overall rating of 78. That means it scores higher than 78 percent of stocks. Sovos Brands Inc gets a 100 rank in the Packaged Foods industry. Packaged Foods is number 109 out of 148 industries.

SOVO has an Overall Score of 78. Find out what this means to you and get the rest of the rankings on SOVO!

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What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 78 would rank higher than 78 percent of all stocks. Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Sovos Brands Inc Stock Today?

Sovos Brands Inc (SOVO) stock is higher by 0.04% while the S&P 500 is down -0.33% as of 12:11 PM on Monday, Mar 11. SOVO is higher by $0.01 from the previous closing price of $22.95 on volume of 1,786,828 shares. Over the past year the S&P 500 has gained 32.45% while SOVO is higher by 63.30%. SOVO earned $0.29 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 78.48. Click Here to get the full Stock Report for Sovos Brands Inc stock.