Utz Brands (NYSE:UTZ) Releases Q1 2025 Earnings Guidance

Utz Brands (NYSE:UTZ - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.140-0.160 for the period, compared to the consensus EPS estimate of 0.210. The company issued revenue guidance of $351.7 million-$352.4 million, compared to the consensus revenue estimate of $361.0 million. Utz Brands also updated its FY 2025 guidance to 0.850-0.890 EPS.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on UTZ shares. Barclays decreased their price objective on Utz Brands from $19.00 to $17.00 and set an "overweight" rating for the company in a report on Friday, January 17th. Royal Bank of Canada reduced their target price on shares of Utz Brands from $23.00 to $20.00 and set an "outperform" rating for the company in a report on Monday, February 24th. Piper Sandler cut their price target on shares of Utz Brands from $24.00 to $20.00 and set an "overweight" rating on the stock in a research report on Thursday, January 16th. TD Cowen lowered Utz Brands from a "buy" rating to a "hold" rating and dropped their target price for the stock from $17.00 to $15.00 in a report on Tuesday. Finally, Mizuho dropped their price objective on Utz Brands from $21.00 to $19.00 and set an "outperform" rating on the stock in a research note on Monday, February 10th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Utz Brands has a consensus rating of "Moderate Buy" and a consensus price target of $19.00.

Utz Brands Stock Performance

Shares of UTZ traded down $0.26 during mid-day trading on Tuesday, reaching $13.55. The company's stock had a trading volume of 1,083,487 shares, compared to its average volume of 867,275. 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 $1.92 billion, a P/E ratio of 75.30, a PEG ratio of 0.86 and a beta of 1.10. Utz Brands has a 1-year low of $12.15 and a 1-year high of $20.04. The business has a 50-day simple moving average of $13.65 and a two-hundred day simple moving average of $15.09.

Utz Brands (NYSE:UTZ - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.03. The firm had revenue of $341.05 million during the quarter, compared to analysts' expectations of $349.93 million. Utz Brands had a net margin of 1.13% and a return on equity of 7.92%. During the same period in the previous year, the business posted $0.16 earnings per share. As a group, equities research analysts anticipate that Utz Brands will post 0.85 earnings per share for the current fiscal year.

Utz Brands Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, April 7th will be given a dividend of $0.011 per share. The ex-dividend date of this dividend is Monday, April 7th. This represents a $0.04 annualized dividend and a yield of 0.32%. Utz Brands's dividend payout ratio (DPR) is presently 133.33%.

Insider Transactions at Utz Brands

In other news, CEO Howard A. Friedman purchased 3,525 shares of Utz Brands stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average cost of $14.16 per share, for a total transaction of $49,914.00. Following the purchase, the chief executive officer now directly owns 265,729 shares of the company's stock, valued at $3,762,722.64. This trade represents a 1.34 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Cc Collier Holdings, Llc sold 496,038 shares of the stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $13.40, for a total value of $6,646,909.20. The disclosure for this sale can be found here. Corporate insiders own 16.32% 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.