Utz Brands, Inc. (NYSE:UTZ) Receives $12.86 Consensus PT from Analysts

Shares of Utz Brands, Inc. (NYSE:UTZ) have earned an average rating of “Hold” from the eight analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $12.8571.

Several research analysts have commented on UTZ shares. Barclays lowered their price target 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 $14.00 price objective on shares of Utz Brands in a research report on Monday, February 23rd. Weiss Ratings reissued a “sell (d)” rating on shares of Utz Brands in a report on Monday, December 29th. DA Davidson set a $15.00 price target on Utz Brands in a research note on Wednesday, January 14th. Finally, Piper Sandler decreased their price target on Utz Brands from $15.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, January 13th.

Institutional Investors Weigh In On Utz Brands

A number of institutional investors and hedge funds have recently bought and sold shares of UTZ. Tributary Capital Management LLC boosted its holdings in shares of Utz Brands by 93.2% in the third quarter. Tributary Capital Management LLC now owns 1,688,976 shares of the company’s stock valued at $20,521,000 after acquiring an additional 814,555 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Utz Brands by 560.6% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 112,811 shares of the company’s stock valued at $1,371,000 after acquiring an additional 95,733 shares during the period. Diamond Hill Capital Management Inc. increased its holdings in shares of Utz Brands by 42.2% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 327,853 shares of the company’s stock valued at $3,983,000 after acquiring an additional 97,271 shares during the period. Copeland Capital Management LLC raised its position in Utz Brands by 10.8% in the 3rd quarter. Copeland Capital Management LLC now owns 3,131,099 shares of the company’s stock valued at $38,043,000 after purchasing an additional 304,163 shares during the last quarter. Finally, Savoir Faire Capital Management L.P. acquired a new stake in Utz Brands during the 3rd quarter worth $3,274,000. 95.97% of the stock is owned by hedge funds and other institutional investors.

Utz Brands Stock Down 2.0%

Utz Brands stock opened at $7.54 on Friday. Utz Brands has a twelve month low of $7.26 and a twelve month high of $14.67. The stock’s fifty day simple moving average is $9.48 and its 200-day simple moving average is $10.54. The company has a current ratio of 1.19, a quick ratio of 0.82 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $1.08 billion, a P/E ratio of 755.06, a P/E/G ratio of 2.77 and a beta of 0.93.

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

Utz Brands Company Profile

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.