Utz Brands (UTZ) Stock Price, News & Analysis

Company Overview

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. The company sells its products to wholesale and other distributors, grocery stores, convenience and drug stores, discount stores, mass merchandisers, membership club stores, hard discounters, and specialty and e-commerce retailers. Utz Brands, Inc. was founded in 1921 and is headquartered in Hanover, Pennsylvania.

Key Stats

• Today's Range: $16.37 to $16.82
• 50-Day Range: $16.21 to $18.60
• 52-Week Range: $12.81 to $20.04
• Volume: 513,620 shs
• Average Volume: 783,895 shs
• Market Capitalization: $2.36 billion
• P/E Ratio: N/A
• Dividend Yield: 1.43%
• Price Target: $21.22
• Consensus Rating: Moderate Buy

Utz Brands Stock Analysis - MarketRank™

Utz Brands scored higher than 61% of companies evaluated by MarketBeat, and ranked 79th out of 139 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Utz Brands has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Utz Brands has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 13.70%

Earnings Growth

Earnings for Utz Brands are expected to grow by 13.70% in the coming year, from $0.73 to $0.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Utz Brands is -88.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Utz Brands is -88.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Utz Brands has a PEG Ratio of 1.14. 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 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.05% 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 10.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Utz Brands has recently increased by 11.61%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Utz Brands pays a meaningful dividend of 1.42%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Utz Brands does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Utz Brands will have a dividend payout ratio of 28.92% next year. This indicates that Utz Brands will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.05% 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 10.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Utz Brands has recently increased by 11.61%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: N/A

News Sentiment

Utz Brands has a news sentiment score of 0.84. 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 0.65 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Utz Brands this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for UTZ on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Utz Brands insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $49,197,935.00 in company stock.

Percentage Held by Insiders

17.00% 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

95.97% of the stock of Utz Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

UTZ Stock Analysis - Frequently Asked Questions

How have UTZ shares performed this year?

Utz Brands' stock was trading at $16.24 at the start of the year. Since then, UTZ stock has increased by 3.2% and is now trading at $16.76.
View the best growth stocks for 2024 here.

How were Utz Brands' earnings last quarter?

Utz Brands, Inc. (NYSE:UTZ) posted its quarterly earnings results on Thursday, October, 31st. The company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.01. The firm's quarterly revenue was down 1.7% compared to the same quarter last year.

Who are Utz Brands' major shareholders?

Utz Brands' top institutional shareholders include Champlain Investment Partners LLC (3.26%), Copeland Capital Management LLC (2.17%), State Street Corp (1.25%) and Geode Capital Management LLC (1.10%). Insiders that own company stock include Chinh Chu, Roger K Deromedi, Cc Collier Holdings, Llc, Cary Devore, Series R Of Um Partners, Llc, Dylan Lissette, Mark Schreiber, Bruce John Lindeman, Christina Choi, Pamela J Stewart, Chad Whyte, Series U Of Um Partners, Llc, Ajay Kataria, Theresa Robbins Shea, Todd Staub, Antonio F Fernandez, Timothy Brown and Jason K Giordano.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Utz Brands own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Utz Brands investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Ex-Dividend for 10/3 Dividend: 9/16/2024
• Dividend Payable: 10/03/2024
• Last Earnings: 10/31/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Miscellaneous food preparations & kindred products
• Sub-Industry: Food Products
• Current Symbol: NYSE:UTZ
• CUSIP: N/A
• CIK: 1739566
• Web: www.colliercreekholdings.com
• Phone: (717) 637-6644
• Fax: N/A
• Employees: 3,654
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $21.22
• High Stock Price Target: $24.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +26.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.19)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 22.96
• P/E Growth: 1.12
• Net Income: $-24,940,000.00
• Net Margins: -0.99%
• Pretax Margin: 2.46%
• Return on Equity: 7.25%
• Return on Assets: 3.78%

Debt

• Debt-to-Equity Ratio: 0.56
• Current Ratio: 1.21
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $1.44 billion
• Price / Sales: 1.64
• Cash Flow: $1.19 per share
• Price / Cash Flow: 14.11
• Book Value: $9.85 per share
• Price / Book: 1.70

Miscellaneous

• Outstanding Shares: 140,890,000
• Free Float: 116,936,000
• Market Cap: $2.36 billion
• Optionable: Optionable
• Beta: 1.01