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

Utz Brands (NYSE:UTZ) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.850-0.890 for the period, compared to the consensus estimate of 0.830. The company issued revenue guidance of -.

Analyst Ratings Changes

Several analysts recently issued reports on UTZ shares. TD Cowen cut their price target on Utz Brands from $21.00 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Mizuho cut their target price 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. Barclays lowered their price target on shares of Utz Brands from $19.00 to $17.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Finally, Piper Sandler dropped their price objective 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. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.00.

Utz Brands Price Performance

UTZ traded up $0.51 on Friday, reaching $14.36. The company had a trading volume of 337,126 shares, compared to its average volume of 1,137,031. Utz Brands has a one year low of $12.71 and a one year high of $20.04. The company has a market capitalization of $2.02 billion, a P/E ratio of -75.53, a PEG ratio of 0.87 and a beta of 1.01. The company has a fifty day moving average of $14.42 and a 200-day moving average of $16.22. The company has a current ratio of 1.21, a quick ratio of 0.85 and a debt-to-equity ratio of 0.56.

Utz Brands (NYSE:UTZ) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. Utz Brands had a negative net margin of 0.99% and a positive return on equity of 7.25%. The company had revenue of $341.05 million for the quarter, compared to analysts’ expectations of $349.93 million. During the same quarter in the previous year, the company posted $0.16 EPS. As a group, equities research analysts anticipate that Utz Brands will post 0.73 earnings per share for the current year.

Utz Brands Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 16th were paid a $0.061 dividend. This is a positive change from Utz Brands’s previous quarterly dividend of $0.06. The ex-dividend date was Monday, December 16th. This represents a $0.24 dividend on an annualized basis and a yield of 1.70%. Utz Brands’s dividend payout ratio (DPR) is currently -126.32%.

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.