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After finishing at $16.41 in the prior trading day, Utz Brands Inc (NYSE: UTZ) closed at $16.85, up 2.68%. In other words, the price has increased by $2.68 from its previous closing price. On the day, 0.91 million shares were traded. UTZ stock price reached its highest trading level at $17.095 during the session, while it also had its lowest trading level at $16.51.
Ratios:
Our goal is to gain a better understanding of UTZ by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 79.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 1.28 whereas as Long-Term Debt/Eq ratio is at 1.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on March 14, 2024, Upgraded its rating to Buy and sets its target price to $22 from $19 previously.
On March 01, 2024, DA Davidson started tracking the stock assigning a Neutral rating and target price of $20.
On January 03, 2024, Needham started tracking the stock assigning a Buy rating and target price of $20.Needham initiated its Buy rating on January 03, 2024, with a $20 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 06 ’24 when Stewart Pamela J bought 895 shares for $16.81 per share. The transaction valued at 15,045 led to the insider holds 27,971 shares of the business.
Lindeman Bruce John bought 4,000 shares of UTZ for $64,440 on Aug 05 ’24. The Director now owns 42,480 shares after completing the transaction at $16.11 per share. On May 23 ’24, another insider, Choi Christina, who serves as the Director of the company, sold 3,160 shares for $17.98 each. As a result, the insider received 56,817 and left with 29,740 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UTZ now has a Market Capitalization of 1390632192 and an Enterprise Value of 2924543488. As of this moment, Utz’s Price-to-Earnings (P/E) ratio for their current fiscal year is 478.69, and their Forward P/E ratio for the next fiscal year is 20.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 23.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 2.05 whereas that against EBITDA is 23.86.
Stock Price History:
Over the past 52 weeks, UTZ has reached a high of $20.02, while it has fallen to a 52-week low of $11.16. The 50-Day Moving Average of the stock is 2.05%, while the 200-Day Moving Average is calculated to be 1.62%.
Shares Statistics:
The stock has traded on average 779.82K shares per day over the past 3-months and 1243810 shares per day over the last 10 days, according to various share statistics. A total of 81.19M shares are outstanding, with a floating share count of 66.84M. Insiders hold about 19.01% of the company’s shares, while institutions hold 92.28% stake in the company. Shares short for UTZ as of 1722384000 were 5842003 with a Short Ratio of 7.49, compared to 1719532800 on 7052222. Therefore, it implies a Short% of Shares Outstanding of 5842003 and a Short% of Float of 8.1099994.
Dividends & Splits
In the trailing 12 months, UTZ’s forward annual dividend rate was 0.232, compared to 0.23 this year. Against a Trailing Annual Dividend Yield of 0.014137721
Earnings Estimates
The performance of Utz Brands Inc (UTZ) in the stock market is under the watchful eye of 9.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.2, with high estimates of $0.21 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.76 and $0.71 for the fiscal current year, implying an average EPS of $0.73. EPS for the following year is $0.84, with 9.0 analysts recommending between $0.87 and $0.75.
Revenue Estimates
10 analysts predict $370.41M in revenue for the current quarter. It ranges from a high estimate of $372.6M to a low estimate of $369M. As of the current estimate, Utz Brands Inc’s year-ago sales were $371.85MFor the next quarter, 10 analysts are estimating revenue of $358.2M. There is a high estimate of $359.9M for the next quarter, whereas the lowest estimate is $357.5M.
A total of 11 analysts have provided revenue estimates for UTZ’s current fiscal year. The highest revenue estimate was $1.44B, while the lowest revenue estimate was $1.43B, resulting in an average revenue estimate of $1.43B. In the same quarter a year ago, actual revenue was $1.44BBased on 11 analysts’ estimates, the company’s revenue will be $1.49B in the next fiscal year. The high estimate is $1.5B and the low estimate is $1.47B.
