Should I buy or sell Utz Brands stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Utz Brands in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" UTZ shares. View UTZ analyst ratings or view top-rated stocks .

What is Utz Brands' stock price target for 2024?

10 Wall Street analysts have issued twelve-month price objectives for Utz Brands' stock. Their UTZ share price targets range from $13.00 to $19.00. On average, they predict the company's share price to reach $16.10 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price. View analysts price targets for UTZ or view top-rated stocks among Wall Street analysts .

How have UTZ shares performed in 2023?

Utz Brands' stock was trading at $15.86 at the beginning of the year. Since then, UTZ shares have decreased by 13.8% and is now trading at $13.6650. View the best growth stocks for 2023 here .

When is Utz Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024. View our UTZ earnings forecast .

How were Utz Brands' earnings last quarter?

Utz Brands, Inc. (NYSE:UTZ) issued its earnings results on Thursday, November, 9th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $371.90 million for the quarter, compared to analyst estimates of $370.80 million. Utz Brands had a trailing twelve-month return on equity of 5.92% and a net margin of 1.22%. The company's revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.16 earnings per share.

How often does Utz Brands pay dividends? What is the dividend yield for Utz Brands?

Utz Brands announced a quarterly dividend on Thursday, September 7th. Stockholders of record on Monday, September 18th will be paid a dividend of $0.057 per share on Thursday, October 5th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Friday, September 15th. Read our dividend analysis for UTZ .

Is Utz Brands a good dividend stock?

Utz Brands (NYSE:UTZ) pays an annual dividend of $0.22 per share and currently has a dividend yield of 1.68%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 104.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UTZ will have a dividend payout ratio of 34.92% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for UTZ .

What ETFs hold Utz Brands' stock?

ETFs with the largest weight of Utz Brands (NYSE:UTZ) stock in their portfolio include Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) . Ranger Equity Bear ETF (HDGE) .

What other stocks do shareholders of Utz Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Utz Brands investors own include Advanced Micro Devices (AMD) , NVIDIA (NVDA) , QUALCOMM (QCOM) , CrowdStrike (CRWD) , Marvell Technology (MRVL) , PENN Entertainment (PENN) , AbbVie (ABBV) , Abbott Laboratories (ABT) , Alibaba Group (BABA) and DocuSign (DOCU) .

Who are Utz Brands' major shareholders?

Utz Brands' stock is owned by a number of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (3.87%), Copeland Capital Management LLC (1.96%), Jennison Associates LLC (1.17%), Ameriprise Financial Inc. (0.89%), Emerald Advisers LLC (0.66%) and Northern Trust Corp (0.63%). Insiders that own company stock include Ajay Kataria, Antonio F Fernandez, Cary Devore, Cc Collier Holdings, Llc, Chad Whyte, Chinh Chu , Dylan Lissette, Jason K Giordano , John W Altmeyer , Pamela J Stewart, Roger K Deromedi, Theresa Robbins Shea, Timothy Brown and Todd Staub . View institutional ownership trends .

How do I buy shares of Utz Brands?

Shares of UTZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Positive News SentimentPositive News

Utz Brands Stock Price, News & Analysis (NYSE:UTZ)

$13.52

-0.13 (-0.95%)

(As of 11:09 AM ET)

Compare

Today's Range: $13.46
▼
$13.72
50-Day Range: $11.46
▼
$13.90
52-Week Range: $11.17
▼
$19.10

Volume: 85,522 shs
Average Volume: 539,131 shs
Market Capitalization: $1.90 billion

P/E Ratio: 64.38
Dividend Yield: 1.63%
Price Target: $16.10

Utz Brands MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 17.8% Upside
$16.10 Price Target
Short Interest: Bearish
10.38% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 10.53%
From $0.57 to $0.63 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Consumer Defensive Sector

5th out of 15 stocks

Packaged Foods Industry

1st out of 5 stocks

3.3

Analyst's Opinion

Consensus Rating
Utz Brands has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.10, Utz Brands has a forecasted upside of 17.8% from its current price of $13.67.
Amount of Analyst Coverage
Utz Brands has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
10.38% of the float of Utz Brands has been sold short.
Short Interest Ratio / Days to Cover
Utz Brands has a short interest ratio ("days to cover") of 9.8.
Change versus previous month
Short interest in Utz Brands has recently increased by 9.85%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Utz Brands pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Utz Brands has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Utz Brands is 104.76%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Utz Brands will have a dividend payout ratio of 34.92% next year. This indicates that Utz Brands will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UTZ.

3.7

News and Social Media Coverage

News Sentiment
Utz Brands has a news sentiment score of 1.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Utz Brands this week, compared to 3 articles on an average week.
Search Interest
2 people have searched for UTZ on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
4 people have added Utz Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Utz Brands insiders have not sold or bought any company stock.
Percentage Held by Insiders
16.84% of the stock of Utz Brands is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
49.01% of the stock of Utz Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Utz Brands are expected to grow by 10.53% in the coming year, from $0.57 to $0.63 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Utz Brands is 65.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Utz Brands is 65.07, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 262.24.
Price to Earnings Growth Ratio
Utz Brands has a PEG Ratio of 2.42. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Utz Brands has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Utz Brands Stock (NYSE:UTZ)

Utz Brands, Inc. operates as a snack food manufacturing company. It offers a range of salty snacks, including potato chips, kettle chips, tortilla chips, pretzels, cheese snacks, pork skins, pub/party mixes, salsa and queso, ready-to-eat popcorn, veggies, and other snacks under the Utz, Zapp's, ON THE BORDER, Golden Flake, Good Health, Boulder Canyon, Hawaiian, TGI Fridays, TORTIYAHS!, and other brand names. The company distributes its products to grocery, mass merchandisers, club, convenience, drug, and other channels though distributors and direct stores. Utz Brands, Inc. was founded in 1921 and is headquartered in Hanover, Pennsylvania.

UTZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UTZ Stock News Headlines

December 6, 2023 | finance.yahoo.com

Boulder Canyon and Grillo’s Pickles Team Up to Launch a Limited Time Only Classic Dill Pickle Kettle Style Potato Chip

November 28, 2023 | finance.yahoo.com

Utz Brands, Inc.'s (NYSE:UTZ) Intrinsic Value Is Potentially 97% Above Its Share Price

December 8, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.

November 22, 2023 | seekingalpha.com

Snack Maker Utz Brands: Holding For Dividend Growth And Cash Flow

November 14, 2023 | msn.com

Utz Brands appoints Mitchell Arends as executive vice president, chief integrated supply chain officer

November 14, 2023 | finance.yahoo.com

Utz Brands Appoints Mitchell Arends as Executive Vice President, Chief Integrated Supply Chain Officer and Cary Devore to Executive Vice President, Chief Operating and Transformation Officer

November 13, 2023 | finance.yahoo.com

Utz Brands, Inc. to Webcast Presentation at the Stephens Annual Investment Conference on November 15

November 13, 2023 | yahoo.com

The Big Tub of Utz Cheese Balls Reigns Supreme

December 8, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.

November 12, 2023 | finance.yahoo.com

When Should You Buy Utz Brands, Inc. (NYSE:UTZ)?

November 10, 2023 | za.investing.com

Salty snack trend growth key for Utz Brands

November 10, 2023 | markets.businessinsider.com

Utz Brands Outperforms Market Expectations: Buy Rating Assigned Amidst Challenges and Growth Prospects

November 10, 2023 | finance.yahoo.com

Q3 2023 UTZ Brands Inc Earnings Call

November 9, 2023 | benzinga.com

Utz Brands: Q3 Earnings Insights

November 9, 2023 | marketwatch.com

Utz Brands Shares Drop on 2023 Sales Outlook Cut

November 9, 2023 | finance.yahoo.com

Utz Brands Reports Third Quarter 2023 Results

November 9, 2023 | msn.com

Utz Brands Non-GAAP EPS of $0.17 beats by $0.01, revenue of $371.9M beats by $0.99M

November 8, 2023 | msn.com

Utz Brands Q3 2023 Earnings Preview

October 28, 2023 | cnbc.com

Stocks like Rivian are a table-pounding buy ahead of earnings, analysts say

October 26, 2023 | finance.yahoo.com

Utz Brands to Report Third Quarter 2023 Financial Results on November 9, 2023

October 25, 2023 | msn.com

Utz started at buy at Jefferies on expansion, optimization

October 25, 2023 | msn.com

Jefferies Initiates Coverage of Utz Brands Inc - (UTZ) with Buy Recommendation

October 23, 2023 | msn.com

Stephens & Co. Upgrades Utz Brands Inc - (UTZ)

October 23, 2023 | benzinga.com

Utz Brands Stock (NYSE:UTZ), Analyst Ratings, Price Targets, Predictions

October 23, 2023 | msn.com

Utz upgraded to overweight at Stephens as 'end of snacking' overdone

October 23, 2023 | markets.businessinsider.com

Where Utz Brands Stands With Analysts

October 18, 2023 | msn.com

B of A Securities Maintains Utz Brands Inc - (UTZ) Neutral Recommendation

See More Headlines

Receive UTZ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Utz Brands and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 10/5 Dividend: 9/15/2023
Dividend Payable: 10/05/2023
Last Earnings: 11/09/2023
Today: 12/08/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Packaged Foods
Sub-Industry: N/A
Sector: Consumer Defensive
Current Symbol: NYSE:UTZ
CUSIP: N/A
CIK: 1739566
Web: www.colliercreekholdings.com
Phone: (717) 637-6644
Fax: N/A
Employees: 3,550
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $16.10
High Stock Price Target: $19.00
Low Stock Price Target: $13.00
Potential Upside/Downside: +19.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.21
Trailing P/E Ratio: 64.38
Forward P/E Ratio: 23.72
P/E Growth: 2.42
Net Income: $-390,000.00
Net Margins: 1.22%
Pretax Margin: -1.99%
Return on Equity: 5.92%
Return on Assets: 3.01%

Debt

Debt-to-Equity Ratio: 0.64
Current Ratio: 1.58
Quick Ratio: 1.06

Sales & Book Value

Annual Sales: $1.44 billion
Price / Sales: 1.32
Cash Flow: $1.18 per share
Price / Cash Flow: 11.42
Book Value: $10.35 per share
Price / Book: 1.31

Miscellaneous

Outstanding Shares: 140,490,000
Free Float: 116,831,000
Market Cap: $1.90 billion
Optionable: Not Optionable
Beta: 0.86

Investing Strategies To Help Grow Your Retirement Income

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

Mr. Howard A. Friedman (Age 52)
CEO & Director
Comp: $472.96k
Mr. Michael W. Rice (Age 80)
Chairman Emeritus, Special Advisor & Director
Comp: $150k
Mr. Ajay Kataria (Age 46)
Executive VP & CFO
Comp: $1.2M
Mr. Cary D. Devore (Age 51)
Executive VP and Chief Operating & Transformation Officer
Comp: $1.45M
Ms. Theresa Robbins Shea (Age 50)
Executive VP, General Counsel & Corporate Secretary
Comp: $1.41M
Mr. Mark Schreiber (Age 59)
Executive VP of Sales & Chief Customer Officer
Comp: $1.05M
Mr. Eric J. Aumen (Age 47)
Senior VP & Chief Accounting Officer
Mr. Satyaki Lodh
Senior VP & Chief Information Officer
Mr. Kevin J. Powers
Senior Vice President of Investor Relations
Mr. James Sponaugle (Age 46)
Executive VP & Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UTZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Utz Brands stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Utz Brands in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" UTZ shares.
View UTZ analyst ratings or view top-rated stocks.
What is Utz Brands' stock price target for 2024?: 10 Wall Street analysts have issued twelve-month price objectives for Utz Brands' stock. Their UTZ share price targets range from $13.00 to $19.00. On average, they predict the company's share price to reach $16.10 in the next twelve months. This suggests a possible upside of 17.8% from the stock's current price.
View analysts price targets for UTZ or view top-rated stocks among Wall Street analysts.
How have UTZ shares performed in 2023?: Utz Brands' stock was trading at $15.86 at the beginning of the year. Since then, UTZ shares have decreased by 13.8% and is now trading at $13.6650.
View the best growth stocks for 2023 here.
When is Utz Brands' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our UTZ earnings forecast.
How were Utz Brands' earnings last quarter?: Utz Brands, Inc. (NYSE:UTZ) issued its earnings results on Thursday, November, 9th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $371.90 million for the quarter, compared to analyst estimates of $370.80 million. Utz Brands had a trailing twelve-month return on equity of 5.92% and a net margin of 1.22%. The company's revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.16 earnings per share.
How often does Utz Brands pay dividends? What is the dividend yield for Utz Brands?: Utz Brands announced a quarterly dividend on Thursday, September 7th. Stockholders of record on Monday, September 18th will be paid a dividend of $0.057 per share on Thursday, October 5th. This represents a $0.23 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Friday, September 15th.
Read our dividend analysis for UTZ.

Is Utz Brands a good dividend stock?: Utz Brands (NYSE:UTZ) pays an annual dividend of $0.22 per share and currently has a dividend yield of 1.68%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 104.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UTZ will have a dividend payout ratio of 34.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UTZ.
What ETFs hold Utz Brands' stock?: ETFs with the largest weight of Utz Brands (NYSE:UTZ) stock in their portfolio include Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL).Ranger Equity Bear ETF (HDGE).
What other stocks do shareholders of Utz Brands own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Utz Brands investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), QUALCOMM (QCOM), CrowdStrike (CRWD), Marvell Technology (MRVL), PENN Entertainment (PENN), AbbVie (ABBV), Abbott Laboratories (ABT), Alibaba Group (BABA) and DocuSign (DOCU).
Who are Utz Brands' major shareholders?: Utz Brands' stock is owned by a number of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (3.87%), Copeland Capital Management LLC (1.96%), Jennison Associates LLC (1.17%), Ameriprise Financial Inc. (0.89%), Emerald Advisers LLC (0.66%) and Northern Trust Corp (0.63%). Insiders that own company stock include Ajay Kataria, Antonio F Fernandez, Cary Devore, Cc Collier Holdings, Llc, Chad Whyte, Chinh Chu, Dylan Lissette, Jason K Giordano, John W Altmeyer, Pamela J Stewart, Roger K Deromedi, Theresa Robbins Shea, Timothy Brown and Todd Staub.
View institutional ownership trends.
How do I buy shares of Utz Brands?: Shares of UTZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:UTZ) was last updated on 12/8/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial