For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Utz Brands Inc (NYSE: UTZ) closed at $15.54 down -1.89% from its previous closing price of $15.84. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 0.63 million shares were traded. UTZ stock price reached its highest trading level at $15.935 during the session, while it also had its lowest trading level at $15.45.
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 33.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 254.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.26 whereas as Long-Term Debt/Eq ratio is at 1.21.
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 Nov 06 ’24 when CC Collier Holdings, LLC sold 2,815,404 shares for $17.29 per share. The transaction valued at 48,678,335 led to the insider holds 496,038 shares of the business.
CC Collier Holdings, LLC bought 2,815,404 shares of UTZ for $48,819,105 on Nov 06 ’24. On Nov 04 ’24, another insider, Devore Cary, who serves as the EVP, Chief Op & Transform Ofc of the company, sold 30,000 shares for $17.32 each. As a result, the insider received 519,498 and left with 451,117 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 1282632832 and an Enterprise Value of 2809876736. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 1.978 whereas that against EBITDA is 21.701.
Stock Price History:
Over the past 52 weeks, UTZ has reached a high of $20.00, while it has fallen to a 52-week low of $14.16. The 50-Day Moving Average of the stock is -8.52%, while the 200-Day Moving Average is calculated to be -9.99%.
Shares Statistics:
For the past three months, UTZ has traded an average of 622.43K shares per day and 613010 over the past ten days. A total of 82.54M shares are outstanding, with a floating share count of 69.04M. Insiders hold about 16.36% of the company’s shares, while institutions hold 92.26% stake in the company. Shares short for UTZ as of 1732838400 were 6131382 with a Short Ratio of 9.85, compared to 1730332800 on 7015675. Therefore, it implies a Short% of Shares Outstanding of 6131382 and a Short% of Float of 8.51.
Dividends & Splits
According to the company, the forward annual dividend rate for UTZ is 0.24, from 0.057 in the trailing year. Against a Trailing Annual Dividend Yield of 0.003598485
