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 EPS guidance of 0.850-0.890 for the period, compared to the consensus EPS estimate of 0.830. The company issued revenue guidance of -.

Utz Brands Trading Up 2.1 %

Shares of UTZ opened at $14.14 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.85 and a current ratio of 1.21. The firm has a market cap of $1.99 billion, a P/E ratio of 78.53, a price-to-earnings-growth ratio of 0.86 and a beta of 1.01. Utz Brands has a fifty-two week low of $12.71 and a fifty-two week high of $20.04. The business has a 50-day moving average of $14.35 and a 200 day moving average of $16.20.

Utz Brands (NYSE:UTZ) last posted its earnings results 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. The business had revenue of $341.05 million during the quarter, compared to analyst estimates of $349.93 million. Utz Brands had a return on equity of 7.92% and a net margin of 1.13%. During the same quarter in the previous year, the firm earned $0.16 EPS. As a group, research 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 Thursday, January 2nd. Shareholders of record on Monday, December 16th were issued a dividend of $0.061 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date was Monday, December 16th. This is a positive change from Utz Brands’s previous quarterly dividend of $0.06. Utz Brands’s payout ratio is presently 133.33%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on UTZ shares. Barclays reduced their target price on Utz Brands from $19.00 to $17.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Piper Sandler reduced their target price on Utz Brands from $24.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, January 16th. TD Cowen dropped 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. Finally, Mizuho dropped their price target on Utz Brands from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Monday, February 10th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $20.00.

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.