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

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Utz Brands (NYSE:UTZ - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.820-0.850 for the period, compared to the consensus EPS estimate of 0.846. The company issued revenue guidance of -.

Utz Brands Price Performance

Shares of NYSE UTZ traded up $0.64 during trading on Friday, reaching $13.67. The company had a trading volume of 1,720,018 shares, compared to its average volume of 1,120,846. Utz Brands has a twelve month low of $11.53 and a twelve month high of $18.89. The stock has a market capitalization of $1.93 billion, a PE ratio of 65.10, a price-to-earnings-growth ratio of 1.52 and a beta of 1.17. The stock has a 50-day moving average price of $13.44 and a two-hundred day moving average price of $13.41. The company has a current ratio of 1.32, a quick ratio of 0.91 and a debt-to-equity ratio of 0.61.

Utz Brands (NYSE:UTZ - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.02). The business had revenue of $366.70 million for the quarter, compared to analyst estimates of $360.55 million. Utz Brands had a return on equity of 7.80% and a net margin of 1.27%. Utz Brands's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.19 EPS. As a group, sell-side analysts predict that Utz Brands will post 0.85 earnings per share for the current year.

Utz Brands Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Monday, June 16th were issued a dividend of $0.061 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Monday, June 16th. This is a positive change from Utz Brands's previous quarterly dividend of $0.01. Utz Brands's dividend payout ratio (DPR) is presently 75.00%.

Analysts Set New Price Targets

UTZ has been the topic of several recent research reports. TD Cowen lowered shares of Utz Brands from a "buy" rating to a "hold" rating and reduced their target price for the company from $17.00 to $15.00 in a report on Tuesday, April 22nd. UBS Group raised their target price on Utz Brands from $13.50 to $15.00 and gave the company a "neutral" rating in a research note on Thursday, July 17th. Barclays cut their price target on shares of Utz Brands from $17.00 to $16.00 and set an "overweight" rating on the stock in a report on Friday, June 27th. Finally, DA Davidson raised shares of Utz Brands from a "neutral" rating to a "buy" rating and set a $16.00 price target on the stock in a report on Thursday, April 24th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $17.88.

Insider Buying and Selling at Utz Brands

In other Utz Brands news, Director Timothy Brown purchased 5,000 shares of Utz Brands stock in a transaction on Monday, May 5th. The stock was bought at an average price of $11.96 per share, for a total transaction of $59,800.00. Following the transaction, the director owned 67,573 shares of the company's stock, valued at $808,173.08. The trade was a 7.99% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director William Jr. Werzyn purchased 8,000 shares of Utz Brands stock in a transaction on Wednesday, May 7th. The shares were acquired at an average price of $11.81 per share, with a total value of $94,480.00. Following the transaction, the director directly owned 22,970 shares in the company, valued at $271,275.70. This trade represents a 53.44% increase in their position. The disclosure for this purchase can be found here. 16.32% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Utz Brands by 5.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,470 shares of the company's stock valued at $556,000 after purchasing an additional 2,190 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Utz Brands by 36.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 196,013 shares of the company's stock worth $2,760,000 after purchasing an additional 52,285 shares in the last quarter. Royal Bank of Canada grew its position in Utz Brands by 39.7% during the 1st quarter. Royal Bank of Canada now owns 248,912 shares of the company's stock worth $3,504,000 after purchasing an additional 70,739 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Utz Brands by 40.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,022,709 shares of the company's stock worth $28,480,000 after purchasing an additional 585,952 shares in the last quarter. Institutional investors and hedge funds own 95.97% of the company's stock.

About Utz Brands

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.