Utz Brands, Inc. (NYSE:UTZ) Given Consensus Rating of “Hold” by Analysts

Utz Brands, Inc. (NYSE:UTZ) has received an average recommendation of “Hold” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $12.0556.

Several research firms recently commented on UTZ. Mizuho set a $14.00 price objective on Utz Brands in a research note on Monday, February 23rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Utz Brands in a research note on Friday, March 27th. UBS Group dropped their price objective on Utz Brands from $10.00 to $8.50 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. Zacks Research upgraded Utz Brands from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Royal Bank Of Canada set a $15.00 price objective on Utz Brands in a research note on Thursday, April 9th.

Institutional Investors Weigh In On Utz Brands

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. ProShare Advisors LLC raised its holdings in Utz Brands by 8.7% during the 4th quarter. ProShare Advisors LLC now owns 13,457 shares of the company’s stock valued at $140,000 after acquiring an additional 1,074 shares during the period. Pathstone Holdings LLC raised its holdings in Utz Brands by 0.8% during the 3rd quarter. Pathstone Holdings LLC now owns 140,831 shares of the company’s stock valued at $1,711,000 after acquiring an additional 1,075 shares during the period. Orion Porfolio Solutions LLC raised its holdings in Utz Brands by 1.0% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 109,921 shares of the company’s stock valued at $1,380,000 after acquiring an additional 1,137 shares during the period. Osaic Holdings Inc. raised its holdings in Utz Brands by 76.1% during the 2nd quarter. Osaic Holdings Inc. now owns 3,756 shares of the company’s stock valued at $47,000 after acquiring an additional 1,623 shares during the period. Finally, Aster Capital Management DIFC Ltd raised its holdings in Utz Brands by 194.8% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 2,618 shares of the company’s stock valued at $32,000 after acquiring an additional 1,730 shares during the period. Institutional investors own 95.97% of the company’s stock.

Utz Brands Price Performance

Utz Brands stock opened at $7.06 on Wednesday. Utz Brands has a 12 month low of $6.92 and a 12 month high of $14.67. The company has a current ratio of 1.14, a quick ratio of 0.75 and a debt-to-equity ratio of 0.62. The business’s 50 day simple moving average is $7.59 and its 200 day simple moving average is $8.99. The company has a market cap of $1.02 billion, a price-to-earnings ratio of -70.59, a PEG ratio of 2.64 and a beta of 0.83.

Utz Brands (NYSE:UTZ) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. Utz Brands had a positive return on equity of 8.61% and a negative net margin of 0.58%.The business had revenue of $361.30 million for the quarter, compared to the consensus estimate of $361.77 million. During the same quarter in the prior year, the business earned $0.16 earnings per share. Utz Brands’s revenue for the quarter was up 2.6% on a year-over-year basis. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. Sell-side analysts forecast that Utz Brands will post 0.78 EPS for the current year.

Utz Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 23rd. Investors of record on Monday, April 13th were paid a $0.063 dividend. The ex-dividend date was Monday, April 13th. This represents a $0.25 annualized dividend and a yield of 3.6%. Utz Brands’s dividend payout ratio is presently -250.00%.

Utz Brands Company Profile

Utz Brands, Inc is a leading U.S. manufacturer and distributor of salty snack foods, offering a wide range of products including potato chips, pretzels, cheese snacks, popcorn and tortilla chips. Headquartered in Hanover, Pennsylvania, the company markets its snacks under several well-known brands and serves grocery, mass merchandise, club, convenience and online retailers throughout the United States.

Founded in 1921 by Bill and Salie Utz as a small country store operation, the business expanded gradually through direct delivery to local customers and sales to regional grocers.