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

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 0.850-0.890 for the period, compared to the consensus EPS estimate of 0.850. The company issued revenue guidance of -. Utz Brands also updated its Q1 2025 guidance to 0.140-0.160 EPS.

Analyst Upgrades and Downgrades

UTZ has been the subject of several recent analyst reports. DA Davidson cut their target price on Utz Brands from $18.00 to $16.00 and set a "neutral" rating for the company in a research note on Monday, February 24th. Royal Bank of Canada reduced their price objective on Utz Brands from $23.00 to $20.00 and set an "outperform" rating on the stock in a research note on Monday, February 24th. Piper Sandler decreased their price target on shares of Utz Brands from $24.00 to $20.00 and set an "overweight" rating on the stock in a report on Thursday, January 16th. Barclays reduced their price objective on Utz Brands from $19.00 to $17.00 and set an "overweight" rating on the stock in a research report on Friday, January 17th. Finally, Mizuho cut their target price on shares of Utz Brands from $21.00 to $19.00 and set an "outperform" rating on the stock in a research report on Monday, February 10th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $19.00.

Utz Brands Trading Down 1.9 %

Shares of UTZ stock traded down $0.26 during trading hours on Tuesday, hitting $13.55. 1,083,487 shares of the company were exchanged, compared to its average volume of 867,275. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.85 and a current ratio of 1.21. The firm has a market cap of $1.92 billion, a P/E ratio of 75.30, a P/E/G ratio of 0.86 and a beta of 1.10. The company has a 50 day simple moving average of $13.65 and a two-hundred day simple moving average of $15.09. Utz Brands has a fifty-two week low of $12.15 and a fifty-two week high of $20.04.

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, beating the consensus estimate of $0.19 by $0.03. Utz Brands had a return on equity of 7.92% and a net margin of 1.13%. The firm had revenue of $341.05 million during the quarter, compared to the consensus estimate of $349.93 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. Equities analysts anticipate that Utz Brands will post 0.85 EPS for the current year.

Utz Brands Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Monday, April 7th will be issued a $0.011 dividend. The ex-dividend date is Monday, April 7th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.32%. Utz Brands's dividend payout ratio is presently 133.33%.

Insiders Place Their Bets

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

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.