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Utz Brands Inc (NYSE: UTZ) closed the day trading at $18.10 down -3.21% from the previous closing price of $18.70. In other words, the price has decreased by -$3.21 from its previous closing price. On the day, 0.76 million shares were traded. UTZ stock price reached its highest trading level at $18.71 during the session, while it also had its lowest trading level at $17.93.
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 31.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 71.69. 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:
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 May 07 ’24 when Devore Cary sold 40,000 shares for $18.99 per share. The transaction valued at 759,712 led to the insider holds 480,173 shares of the business.
Lissette Dylan sold 10,003 shares of UTZ for $191,207 on May 07 ’24. The Director now owns 118,222 shares after completing the transaction at $19.11 per share. On May 06 ’24, another insider, Series U of UM Partners, LLC, who serves as the 10% Owner of the company, sold 397,885 shares for $18.76 each. As a result, the insider received 7,464,323 and left with 0 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 1474679424 and an Enterprise Value of 2988198912. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 2.085 whereas that against EBITDA is 24.181.
Stock Price History:
The Beta on a monthly basis for UTZ is 1.01, which has changed by 0.06721699 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, UTZ has reached a high of $20.04, while it has fallen to a 52-week low of $11.17. The 50-Day Moving Average of the stock is 0.09%, while the 200-Day Moving Average is calculated to be 14.82%.
Shares Statistics:
Over the past 3-months, UTZ traded about 804.73K shares per day on average, while over the past 10 days, UTZ traded about 1058580 shares per day. A total of 81.19M shares are outstanding, with a floating share count of 66.88M. Insiders hold about 17.91% of the company’s shares, while institutions hold 88.79% stake in the company. Shares short for UTZ as of 1714435200 were 6480395 with a Short Ratio of 8.05, compared to 1711584000 on 6411664. Therefore, it implies a Short% of Shares Outstanding of 6480395 and a Short% of Float of 9.13.
Dividends & Splits
UTZ’s forward annual dividend rate is 0.23, up from 0.23 a year ago. Against a Trailing Annual Dividend Yield of 0.012299465
Earnings Estimates
The stock of Utz Brands Inc (UTZ) is currently in the spotlight, with 11.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of $0.16 for the current quarter, with a high estimate of $0.17 and a low estimate of $0.14, while EPS last year was $0.13. The consensus estimate for the next quarter is $0.2, with high estimates of $0.22 and low estimates of $0.16.
Analysts are recommending an EPS of between $0.73 and $0.63 for the fiscal current year, implying an average EPS of $0.71. EPS for the following year is $0.83, with 11.0 analysts recommending between $0.88 and $0.75.
Revenue Estimates
11 analysts predict $357.95M in revenue for the current quarter. It ranges from a high estimate of $362.1M to a low estimate of $355M. As of the current estimate, Utz Brands Inc’s year-ago sales were $362.85MFor the next quarter, 11 analysts are estimating revenue of $373.2M. There is a high estimate of $376.7M for the next quarter, whereas the lowest estimate is $371M.
A total of 12 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 $1.44B. In the same quarter a year ago, actual revenue was $1.44BBased on 12 analysts’ estimates, the company’s revenue will be $1.49B in the next fiscal year. The high estimate is $1.51B and the low estimate is $1.47B.
