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

Utz Brands (NYSE:UTZ) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.850-0.890 for the period, compared to the consensus earnings per share estimate of 0.850. The company issued revenue guidance of -. Utz Brands also updated its Q1 2025 guidance to 0.140-0.160 EPS.

Analysts Set New Price Targets

UTZ has been the subject of several analyst reports. Barclays lowered their price objective on Utz Brands from $19.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. TD Cowen lowered their price target on Utz Brands from $21.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. DA Davidson dropped their price objective on Utz Brands from $18.00 to $16.00 and set a “neutral” rating on the stock in a research note on Monday, February 24th. Mizuho reduced their target price on shares of Utz Brands from $21.00 to $19.00 and set an “outperform” rating for the company in a research note on Monday, February 10th. Finally, Piper Sandler lowered their target price on shares of Utz Brands from $24.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, January 16th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Utz Brands currently has an average rating of “Moderate Buy” and an average price target of $19.25.

Utz Brands Stock Up 1.0 %

Shares of NYSE:UTZ opened at $13.71 on Friday. Utz Brands has a 1 year low of $12.15 and a 1 year high of $20.04. The company has a market capitalization of $1.94 billion, a PE ratio of 76.17, a price-to-earnings-growth ratio of 0.86 and a beta of 1.10. The business has a fifty day moving average price of $13.65 and a two-hundred day moving average price of $15.17. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.21 and a quick ratio of 0.85.

Utz Brands (NYSE:UTZ) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $341.05 million during the quarter, compared to analyst estimates of $349.93 million. Utz Brands had a net margin of 1.13% and a return on equity of 7.92%. During the same quarter in the prior year, the business earned $0.16 earnings per share. Analysts forecast that Utz Brands will post 0.85 earnings per share for the current year.

Utz Brands Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Monday, April 7th will be paid a dividend of $0.011 per share. The ex-dividend date is Monday, April 7th. This represents a $0.04 annualized dividend and a dividend yield of 0.32%. Utz Brands’s payout ratio is currently 133.33%.

Insider Activity at Utz Brands

In other Utz Brands news, CEO Howard A. Friedman bought 3,525 shares of Utz Brands stock in a transaction dated Monday, February 24th. The stock was purchased at an average price of $14.16 per share, for a total transaction of $49,914.00. Following the completion of the purchase, the chief executive officer now directly owns 265,729 shares of the company’s stock, valued at approximately $3,762,722.64. This trade represents a 1.34 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Cc Collier Holdings, Llc sold 496,038 shares of the business’s stock in a transaction that occurred on 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. 16.32% of the stock is owned by company insiders.

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.