Metric Analysis: Utz Brands Inc (UTZ)’s Key Ratios in the Limelight

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In the latest session, Utz Brands Inc (NYSE: UTZ) closed at $14.61 down -1.48% from its previous closing price of $14.83. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 1.12 million shares were traded. UTZ stock price reached its highest trading level at $15.0925 during the session, while it also had its lowest trading level at $14.55.

Ratios:

For a deeper understanding of Utz Brands Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.19.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 23 ’24 when Choi Christina sold 3,160 shares for $17.98 per share. The transaction valued at 56,817 led to the insider holds 29,740 shares of the business.

Devore Cary sold 40,000 shares of UTZ for $759,712 on May 07 ’24. The EVP, Chief Op & Transform Ofc now owns 480,173 shares after completing the transaction at $18.99 per share. On May 07 ’24, another insider, Lissette Dylan, who serves as the Director of the company, sold 10,003 shares for $19.11 each. As a result, the insider received 191,207 and left with 118,222 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 1208258688 and an Enterprise Value of 2703854848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 1.886 whereas that against EBITDA is 21.88.

Stock Price History:

The Beta on a monthly basis for UTZ is 1.00, which has changed by -0.14711034 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. 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 -15.54%, while the 200-Day Moving Average is calculated to be -10.30%.

Shares Statistics:

For the past three months, UTZ has traded an average of 727.23K shares per day and 866070 over the past ten days. A total of 81.19M shares are outstanding, with a floating share count of 66.91M. Insiders hold about 17.87% of the company’s shares, while institutions hold 91.16% stake in the company. Shares short for UTZ as of 1719532800 were 7052222 with a Short Ratio of 9.70, compared to 1717113600 on 6101731. Therefore, it implies a Short% of Shares Outstanding of 7052222 and a Short% of Float of 9.9300005.

Dividends & Splits

According to the company, the forward annual dividend rate for UTZ is 0.23, from 0.23 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015509103

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