In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
Utz Brands Inc (NYSE: UTZ) closed the day trading at $13.47 up 0.37% from the previous closing price of $13.42. In other words, the price has increased by $0.37 from its previous closing price. On the day, 0.77 million shares were traded. UTZ stock price reached its highest trading level at $13.57 during the session, while it also had its lowest trading level at $13.29.
Ratios:
For a better understanding of UTZ, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 221.44. 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:
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 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 1111780224 and an Enterprise Value of 2610135808. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.34 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 1.838 whereas that against EBITDA is 20.158.
Stock Price History:
The Beta on a monthly basis for UTZ is 1.02, which has changed by -0.2781065 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, UTZ has reached a high of $20.00, while it has fallen to a 52-week low of $13.20. The 50-Day Moving Average of the stock is -13.90%, while the 200-Day Moving Average is calculated to be -19.96%.
Shares Statistics:
Over the past 3-months, UTZ traded about 865.70K shares per day on average, while over the past 10 days, UTZ traded about 1398410 shares per day. A total of 82.54M shares are outstanding, with a floating share count of 66.72M. Insiders hold about 19.17% of the company’s shares, while institutions hold 93.11% stake in the company. Shares short for UTZ as of 1736899200 were 7345565 with a Short Ratio of 8.49, compared to 1734048000 on 7498557. Therefore, it implies a Short% of Shares Outstanding of 7345565 and a Short% of Float of 10.190000000000001.
Dividends & Splits
UTZ’s forward annual dividend rate is 0.24, up from 0.057 a year ago. Against a Trailing Annual Dividend Yield of 0.004247392
