Utz Brands, Inc. (NYSE:UTZ) Receives Average Recommendation of “Hold” from Brokerages

Shares of Utz Brands, Inc. (NYSE:UTZ) have been given a consensus rating of “Hold” by the nine ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $14.00.

Several research analysts recently weighed in on UTZ shares. Barclays dropped their target price on shares of Utz Brands from $13.00 to $12.00 and set an “overweight” rating for the company in a report on Friday, February 13th. Mizuho set a $16.00 price objective on Utz Brands in a research note on Monday, November 3rd. Bank of America cut their target price on Utz Brands from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Tuesday, January 13th. Piper Sandler lowered their price target on Utz Brands from $15.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, January 13th. Finally, DA Davidson set a $15.00 price objective on shares of Utz Brands in a report on Wednesday, January 14th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC bought a new stake in shares of Utz Brands in the second quarter worth about $25,000. Aster Capital Management DIFC Ltd grew its holdings in shares of Utz Brands by 194.8% in the third quarter. Aster Capital Management DIFC Ltd now owns 2,618 shares of the company’s stock valued at $32,000 after purchasing an additional 1,730 shares in the last quarter. Global Retirement Partners LLC grew its holdings in shares of Utz Brands by 431.5% in the fourth quarter. Global Retirement Partners LLC now owns 3,343 shares of the company’s stock valued at $35,000 after purchasing an additional 2,714 shares in the last quarter. Osaic Holdings Inc. increased its position in Utz Brands by 76.1% in the second quarter. Osaic Holdings Inc. now owns 3,756 shares of the company’s stock worth $47,000 after purchasing an additional 1,623 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Utz Brands by 118.5% during the fourth quarter. Farther Finance Advisors LLC now owns 4,356 shares of the company’s stock valued at $45,000 after purchasing an additional 2,362 shares in the last quarter. Institutional investors own 95.97% of the company’s stock.

Utz Brands Stock Performance

NYSE:UTZ opened at $9.67 on Monday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.82 and a current ratio of 1.19. The stock has a 50-day simple moving average of $10.24 and a two-hundred day simple moving average of $11.21. The firm has a market capitalization of $1.39 billion, a PE ratio of 968.27, a P/E/G ratio of 3.57 and a beta of 0.92. Utz Brands has a 52-week low of $8.72 and a 52-week high of $14.67.

Utz Brands (NYSE:UTZ) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.26 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.26. The company had revenue of $342.20 million during the quarter, compared to the consensus estimate of $346.99 million. Utz Brands had a return on equity of 8.57% and a net margin of 0.06%.The firm’s revenue was up .4% on a year-over-year basis. During the same period in the previous year, the company posted $0.22 EPS. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. Analysts forecast that Utz Brands will post 0.85 EPS for the current year.

Utz Brands Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 15th were paid a dividend of $0.063 per share. The ex-dividend date of this dividend was Monday, December 15th. This is a positive change from Utz Brands’s previous quarterly dividend of $0.06. This represents a $0.25 annualized dividend and a yield of 2.6%. Utz Brands’s dividend payout ratio is 2,500.00%.

About Utz Brands

Utz Brands, Inc is a leading U.S. manufacturer and distributor of salty snack foods, offering a wide range of products including potato chips, pretzels, cheese snacks, popcorn and tortilla chips. Headquartered in Hanover, Pennsylvania, the company markets its snacks under several well-known brands and serves grocery, mass merchandise, club, convenience and online retailers throughout the United States.

Founded in 1921 by Bill and Salie Utz as a small country store operation, the business expanded gradually through direct delivery to local customers and sales to regional grocers.