Utz Brands (NYSE:UTZ) Issues Q1 2025 Earnings Guidance

Utz Brands (NYSE:UTZ - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.140-0.160 for the period, compared to the consensus earnings per share estimate of 0.210. The company issued revenue guidance of $351.7 million-$352.4 million, compared to the consensus revenue estimate of $361.0 million. Utz Brands also updated its FY 2025 guidance to 0.850-0.890 EPS.

Analysts Set New Price Targets

Several brokerages have issued reports on UTZ. Royal Bank of Canada dropped their target price on Utz Brands from $23.00 to $20.00 and set an "outperform" rating for the company in a report on Monday, February 24th. Piper Sandler dropped their price objective 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. DA Davidson decreased their target price on shares of Utz Brands from $18.00 to $16.00 and set a "neutral" rating on the stock in a report on Monday, February 24th. TD Cowen reduced their price target on shares of Utz Brands from $21.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Finally, 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 report on Friday, January 17th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $19.25.

Utz Brands Trading Down 4.1 %

Utz Brands stock traded down $0.55 during trading on Thursday, hitting $13.02. The company had a trading volume of 482,032 shares, compared to its average volume of 855,717. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 72.63, a price-to-earnings-growth ratio of 0.86 and a beta of 1.10. 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 has a 1-year low of $12.15 and a 1-year high of $20.04. The company's 50 day simple moving average is $13.64 and its 200-day simple moving average is $15.20.

Utz Brands (NYSE:UTZ - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.03. Utz Brands had a return on equity of 7.92% and a net margin of 1.13%. The business had revenue of $341.05 million during the quarter, compared to analysts' expectations of $349.93 million. During the same period in the previous year, the firm posted $0.16 earnings per share. As a group, analysts expect that Utz Brands will post 0.85 EPS for the current fiscal year.

Utz Brands Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, April 7th will be paid a dividend of $0.011 per share. The ex-dividend date of this dividend is Monday, April 7th. This represents a $0.04 dividend on an annualized basis and a yield of 0.34%. Utz Brands's dividend payout ratio (DPR) is presently 133.33%.

Insider Transactions at Utz Brands

In related news, CEO Howard A. Friedman purchased 3,525 shares of Utz Brands stock in a transaction on Monday, February 24th. The shares were bought at an average price of $14.16 per share, with a total value of $49,914.00. Following the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Cc Collier Holdings, Llc sold 496,038 shares of Utz Brands stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $13.40, for a total value of $6,646,909.20. The disclosure for this sale can be found here. Corporate insiders own 16.32% of the company's stock.

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.

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