TD Cowen Has Lowered Expectations for Utz Brands (NYSE:UTZ) Stock Price

Key Points

• TD Cowen cut its price target on Utz Brands to $9 (from $11) and kept a "hold" rating, implying roughly a 19% upside from the current share price; the stock's consensus rating is also "Hold" with an average analyst target of $12.06 and mixed analyst opinions (5 Buy, 2 Hold, 2 Sell).
• Utz shares traded around $7.54 with a $1.08B market cap and a very high trailing P/E (~754); the company reported quarterly EPS of $0.26 (in line with estimates) while revenue slightly missed, and it issued FY2026 EPS guidance of 0.771–0.795 versus analysts' ~0.85 expectation, with institutional investors owning about 96% of the stock.

Utz Brands (NYSE:UTZ - Get Free Report) had its price objective decreased by TD Cowen from $11.00 to $9.00 in a report issued on Monday, MarketBeat reports. The firm presently has a "hold" rating on the stock. TD Cowen's target price would suggest a potential upside of 19.44% from the company's current price.

Other equities analysts have also recently issued reports about the stock. Mizuho set a $14.00 price target on shares of Utz Brands in a research note on Monday, February 23rd. UBS Group decreased their price objective on shares of Utz Brands from $10.00 to $8.50 and set a "neutral" rating on the stock in a report on Tuesday, April 7th. Weiss Ratings restated a "sell (d)" rating on shares of Utz Brands in a research report on Friday, March 27th. Bank of America reduced their price target on shares of Utz Brands from $15.00 to $14.00 and set a "buy" rating for the company in a research report on Tuesday, January 13th. Finally, Barclays lowered their target price on Utz Brands from $12.00 to $10.00 and set an "overweight" rating on the stock in a report on Tuesday, April 14th. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $12.06.

Utz Brands Stock Performance

Shares of UTZ stock traded down $0.04 during trading hours on Monday, reaching $7.54. 84,574 shares of the company's stock were exchanged, compared to its average volume of 1,789,369. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.19 and a quick ratio of 0.82. The company's 50 day moving average is $8.36 and its two-hundred day moving average is $9.82. The company has a market cap of $1.08 billion, a P/E ratio of 753.95, a price-to-earnings-growth ratio of 2.79 and a beta of 0.98. Utz Brands has a 1 year low of $7.11 and a 1 year high of $14.67.

Utz Brands (NYSE:UTZ - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.26 earnings per share for the quarter, hitting analysts' consensus estimates of $0.26. Utz Brands had a return on equity of 8.57% and a net margin of 0.06%.The firm had revenue of $342.20 million for the quarter, compared to analyst estimates of $346.99 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. Utz Brands's quarterly revenue was up .4% on a year-over-year basis. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. Equities research analysts anticipate that Utz Brands will post 0.85 EPS for the current fiscal year.

Institutional Investors Weigh In On Utz Brands

A number of institutional investors have recently added to or reduced their stakes in UTZ. Vanguard Group Inc. raised its holdings in shares of Utz Brands by 3.4% in the 4th quarter. Vanguard Group Inc. now owns 7,679,985 shares of the company's stock worth $79,718,000 after purchasing an additional 252,876 shares during the period. Ameriprise Financial Inc. increased its position in Utz Brands by 7.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,085,250 shares of the company's stock worth $76,370,000 after purchasing an additional 413,493 shares in the last quarter. Copeland Capital Management LLC raised its holdings in Utz Brands by 10.2% in the fourth quarter. Copeland Capital Management LLC now owns 3,449,862 shares of the company's stock valued at $35,810,000 after buying an additional 318,763 shares during the period. Balyasny Asset Management L.P. raised its holdings in Utz Brands by 42.3% in the second quarter. Balyasny Asset Management L.P. now owns 2,946,512 shares of the company's stock valued at $36,979,000 after buying an additional 875,847 shares during the period. Finally, Alyeska Investment Group L.P. lifted its position in Utz Brands by 105.2% during the fourth quarter. Alyeska Investment Group L.P. now owns 2,414,791 shares of the company's stock valued at $25,066,000 after buying an additional 1,238,180 shares in the last quarter. Hedge funds and other institutional investors own 95.97% of the company's stock.

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.

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