Key Points
- Series Of Um Partners bought 1,174 Utz Brands shares on Nov. 20 at an average price of $9.53 (total ~$11,188), raising its stake to 616,174 shares — a 0.19% increase — as disclosed in an SEC filing.
- Utz reported Q3 GAAP EPS of $0.23 (in line with estimates) and revenue of $377.8M (up 3.4% y/y), and issued FY 2025 guidance of $0.824–$0.847 EPS with analysts forecasting about $0.85.
- The stock trades with a market cap of ~$1.32B and a P/E of 131.6, pays a $0.24 annualized dividend (yield ~2.6%) despite a high payout ratio (342.9%), and carries an average analyst rating of “Moderate Buy” with a $14.93 target.
Utz Brands, Inc. (NYSE:UTZ - Get Free Report) major shareholder Series Of Um Partners, Llc acquired 1,174 shares of the firm's stock in a transaction on Thursday, November 20th. The stock was purchased at an average price of $9.53 per share, with a total value of $11,188.22. Following the purchase, the insider owned 616,174 shares in the company, valued at approximately $5,872,138.22. The trade was a 0.19% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
Utz Brands Price Performance
Shares of NYSE UTZ opened at $9.21 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.22 and a debt-to-equity ratio of 0.62. The company has a market capitalization of $1.32 billion, a PE ratio of 131.60, a PEG ratio of 1.29 and a beta of 1.00. The stock's 50 day moving average price is $11.52 and its 200-day moving average price is $12.64. Utz Brands, Inc. has a twelve month low of $9.19 and a twelve month high of $17.78.
Utz Brands (NYSE:UTZ - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. Utz Brands had a return on equity of 8.12% and a net margin of 0.39%.The business had revenue of $377.80 million for the quarter, compared to analysts' expectations of $374.25 million. During the same quarter in the previous year, the firm earned $0.21 earnings per share. The business's revenue was up 3.4% on a year-over-year basis. Utz Brands has set its FY 2025 guidance at 0.824-0.847 EPS. On average, equities analysts anticipate that Utz Brands, Inc. will post 0.85 EPS for the current year.
Utz Brands Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Monday, September 15th were given a $0.061 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.24 annualized dividend and a yield of 2.6%. Utz Brands's payout ratio is currently 342.86%.
Analyst Upgrades and Downgrades
UTZ has been the subject of a number of research reports. Weiss Ratings reissued a "sell (d)" rating on shares of Utz Brands in a research report on Wednesday, November 19th. UBS Group reduced their price objective on Utz Brands from $13.50 to $11.50 and set a "neutral" rating for the company in a report on Friday, October 31st. Barclays restated an "overweight" rating and issued a $14.00 target price on shares of Utz Brands in a research note on Friday, October 31st. TD Cowen decreased their price objective on Utz Brands from $14.00 to $12.00 and set a "hold" rating for the company in a report on Friday, October 31st. Finally, Piper Sandler dropped their price objective on shares of Utz Brands from $19.00 to $15.00 and set an "overweight" rating on the stock in a report on Friday. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Utz Brands presently has an average rating of "Moderate Buy" and an average target price of $14.93.
Read Our Latest Research Report on UTZ
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC purchased a new position in Utz Brands during the 2nd quarter valued at about $25,000. Caitong International Asset Management Co. Ltd purchased a new position in Utz Brands during the first quarter valued at approximately $32,000. Aster Capital Management DIFC Ltd lifted its stake in Utz Brands by 194.8% in the 3rd quarter. Aster Capital Management DIFC Ltd now owns 2,618 shares of the company's stock worth $32,000 after purchasing an additional 1,730 shares in the last quarter. Osaic Holdings Inc. lifted its stake in Utz Brands by 76.1% in the 2nd quarter. Osaic Holdings Inc. now owns 3,756 shares of the company's stock worth $47,000 after purchasing an additional 1,623 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings in Utz Brands by 37.6% in the 2nd quarter. Harbor Investment Advisory LLC now owns 5,481 shares of the company's stock valued at $69,000 after purchasing an additional 1,497 shares during the period. Institutional investors own 95.97% of the company's stock.
Utz Brands Company Profile
(
Get Free Report)
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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