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 (EPS) guidance of 0.140-0.160 for the period, compared to the consensus 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.
Utz Brands Trading Up 1.0 %
UTZ opened at $13.71 on Friday. The stock has a market capitalization of $1.94 billion, a PE ratio of 76.17, a P/E/G ratio of 0.86 and a beta of 1.10. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.21 and a quick ratio of 0.85. Utz Brands has a 12-month low of $12.15 and a 12-month high of $20.04. The firm’s fifty day moving average price is $13.65 and its 200 day moving average price is $15.14.
Utz Brands (NYSE:UTZ – Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.22 EPS for the quarter, topping 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 the consensus estimate of $349.93 million. During the same period last year, the firm earned $0.16 earnings per share. As a group, research analysts expect that Utz Brands will post 0.85 EPS for the current fiscal year.
Utz Brands Cuts Dividend
Wall Street Analysts Forecast Growth
Several research firms have recently commented on UTZ. Piper Sandler decreased their price target 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. Mizuho lowered their target price on Utz Brands from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Monday, February 10th. Royal Bank of Canada cut their price target on Utz Brands from $23.00 to $20.00 and set an “outperform” rating on the stock in a report on Monday, February 24th. DA Davidson reduced their price objective on Utz Brands from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Monday, February 24th. Finally, TD Cowen dropped their target price on Utz Brands from $21.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Utz Brands currently has an average rating of “Moderate Buy” and an average target price of $19.25.
View Our Latest Stock Report on Utz Brands
Insider Buying and Selling
In other Utz Brands news, insider Cc Collier Holdings, Llc sold 496,038 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $13.40, for a total value of $6,646,909.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Howard A. Friedman purchased 3,525 shares of the stock in a transaction dated Monday, February 24th. The shares were purchased at an average price of $14.16 per share, for a total transaction of $49,914.00. Following the completion of the transaction, 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 position. The disclosure for this purchase 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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