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

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

Utz Brands Stock Down 3.2 %

Utz Brands stock traded down $0.43 during trading hours on Thursday, reaching $13.14. The stock had a trading volume of 547,656 shares, compared to its average volume of 856,038. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 72.74, a PEG ratio of 0.86 and a beta of 1.10. Utz Brands has a 52 week low of $12.15 and a 52 week high of $20.04. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.21 and a quick ratio of 0.85. The business’s 50 day moving average price is $13.64 and its 200-day moving average price is $15.20.

Utz Brands (NYSE:UTZ) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The firm had revenue of $341.05 million for the quarter, compared to the consensus estimate 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 company posted $0.16 earnings per share. Sell-side analysts anticipate that Utz Brands will post 0.85 EPS for the current year.

Utz Brands Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Monday, April 7th will be issued a dividend of $0.011 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date of this dividend is Monday, April 7th. Utz Brands’s dividend payout ratio (DPR) is presently 133.33%.

Analyst Upgrades and Downgrades

A number of analysts have commented on UTZ shares. Royal Bank of Canada lowered their price target on Utz Brands from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Monday, February 24th. Mizuho dropped their price objective on shares of Utz Brands from $21.00 to $19.00 and set an “outperform” rating on the stock in a report on Monday, February 10th. TD Cowen decreased their target price on shares of Utz Brands from $21.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Barclays decreased their price objective on Utz Brands from $19.00 to $17.00 and set an “overweight” rating for the company in a report on Friday, January 17th. Finally, Piper Sandler decreased their price target on Utz Brands from $24.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, January 16th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $19.25.

Insider Activity

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

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.