Utz Brands (UTZ) Expected to Announce Quarterly Earnings on Thursday

Utz Brands (NYSE:UTZ - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $0.20 per share and revenue of $360.55 million for the quarter.

Utz Brands (NYSE:UTZ - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.16 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.16. Utz Brands had a return on equity of 8.05% and a net margin of 1.94%. The business had revenue of $352.08 million for the quarter, compared to analyst estimates of $345.44 million. During the same quarter last year, the firm earned $0.14 EPS. Utz Brands's revenue for the quarter was up 1.6% compared to the same quarter last year. On average, analysts expect Utz Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Utz Brands Stock Down 1.0%

Utz Brands stock traded down $0.15 during midday trading on Friday, reaching $14.32. The stock had a trading volume of 810,921 shares, compared to its average volume of 1,125,368. The stock has a market capitalization of $2.02 billion, a P/E ratio of 44.74, a price-to-earnings-growth ratio of 1.67 and a beta of 1.14. Utz Brands has a 1-year low of $11.53 and a 1-year high of $18.89. The firm's fifty day simple moving average is $13.30 and its 200-day simple moving average is $13.42. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.91 and a current ratio of 1.32.

Utz Brands Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Monday, June 16th were given a dividend of $0.061 per share. This is a positive change from Utz Brands's previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.24 annualized dividend and a dividend yield of 1.70%. Utz Brands's payout ratio is 75.00%.

Insiders Place Their Bets

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

Institutional Investors Weigh In On Utz Brands

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

Analyst Ratings Changes

Several research analysts have recently commented on the company. DA Davidson upgraded Utz Brands from a "neutral" rating to a "buy" rating and set a $16.00 target price for the company in a research note on Thursday, April 24th. UBS Group upped their target price on Utz Brands from $13.50 to $15.00 and gave the company a "neutral" rating in a research report on Thursday, July 17th. Barclays cut their target price on Utz Brands from $17.00 to $16.00 and set an "overweight" rating for the company in a research report on Friday, June 27th. Finally, TD Cowen downgraded Utz Brands from a "buy" rating to a "hold" rating and cut their target price for the company from $17.00 to $15.00 in a research report on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $17.88.

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.