Utz Brands (NYSE:UTZ) Issues FY 2025 Earnings Guidance

Utz Brands (NYSE:UTZ) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.850-0.890 for the period, compared to the consensus EPS estimate of 0.830. The company issued revenue guidance of -.

Utz Brands Stock Up 3.7 %

Shares of NYSE UTZ traded up $0.51 during mid-day trading on Friday, reaching $14.36. The company had a trading volume of 337,126 shares, compared to its average volume of 1,137,031. The firm has a 50 day simple moving average of $14.42 and a two-hundred day simple moving average of $16.22. Utz Brands has a 52-week low of $12.71 and a 52-week high of $20.04. The company has a current ratio of 1.21, a quick ratio of 0.85 and a debt-to-equity ratio of 0.56. The stock has a market cap of $2.02 billion, a P/E ratio of -75.53, a PEG ratio of 0.87 and a beta of 1.01.

Utz Brands (NYSE:UTZ) last posted its earnings results on Thursday, February 20th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. Utz Brands had a positive return on equity of 7.25% and a negative net margin of 0.99%. The business had revenue of $341.05 million during the quarter, compared to the consensus estimate of $349.93 million. During the same period in the previous year, the business earned $0.16 EPS. Sell-side analysts predict that Utz Brands will post 0.73 earnings per share for the current year.

Utz Brands Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 16th were issued a $0.061 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.70%. This is a boost from Utz Brands’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Monday, December 16th. Utz Brands’s dividend payout ratio is presently -126.32%.

Analyst Ratings Changes

UTZ has been the subject of a number of recent analyst reports. Piper Sandler reduced their price objective on shares of Utz Brands from $24.00 to $20.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Barclays decreased their price target on Utz Brands from $19.00 to $17.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Mizuho reduced their target price on Utz Brands from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Monday, February 10th. Finally, TD Cowen cut their price target on shares of Utz Brands from $21.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Utz Brands has a consensus rating of “Moderate Buy” and an average target price of $20.00.

Utz Brands Company Profile

Utz Brands, Inc engages in manufacture, marketing, and distribution of snack foods. It offers a range of salty snacks, including salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, veggie snacks, pub/party mixes, tortilla chips, salsa and dips, ready-to-eat popcorn, and other snacks under the Utz, Zapp’s, ON THE BORDER, Golden Flake, Boulder Canyon, Hawaiian, TORTIYAHS!, etc.