In the latest session, Utz Brands Inc (NYSE: UTZ) closed at $17.66 up 0.28% from its previous closing price of $17.61. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 740832 shares were traded. UTZ stock price reached its highest trading level at $17.81 during the session, while it also had its lowest trading level at $17.31.
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 27.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 68.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 1.47 whereas as Long-Term Debt/Eq ratio is at 1.41.
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 this company, DA Davidson on March 01, 2024, initiated with a Neutral rating and assigned the stock a target price of $20.
On January 03, 2024, Needham started tracking the stock assigning a Buy rating and target price of $20.
On December 20, 2023, Mizuho started tracking the stock assigning a Buy rating and target price of $19.Mizuho initiated its Buy rating on December 20, 2023, with a $19 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 Mar 04 ’24 when Series U of UM Partners, LLC sold 446,250 shares for $17.40 per share. The transaction valued at 7,764,750 led to the insider holds 397,885 shares of the business.
Series R of UM Partners, LLC sold 78,750 shares of UTZ for $1,370,250 on Mar 04 ’24. The 10% Owner now owns 70,215 shares after completing the transaction at $17.40 per share. On Feb 26 ’24, another insider, DEROMEDI ROGER K, who serves as the Director of the company, sold 3,785 shares for $19.13 each. As a result, the insider received 72,403 and left with 3,399,470 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 1.43B and an Enterprise Value of 2.37B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 1.65 whereas that against EBITDA is 23.85.
Stock Price History:
Over the past 52 weeks, UTZ has reached a high of $19.21, while it has fallen to a 52-week low of $11.17. The 50-Day Moving Average of the stock is 17.46, while the 200-Day Moving Average is calculated to be 15.37.
Shares Statistics:
For the past three months, UTZ has traded an average of 852.30K shares per day and 972.08k over the past ten days. A total of 81.19M shares are outstanding, with a floating share count of 65.02M. Insiders hold about 20.13% of the company’s shares, while institutions hold 87.29% stake in the company. Shares short for UTZ as of Feb 15, 2024 were 6.57M with a Short Ratio of 7.70, compared to 6.5M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.09% and a Short% of Float of 9.19%.
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 1.29%, it implies a Forward Annual Dividend Yield of 1.29%.
Earnings Estimates
There are 13 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.16 and a low estimate of $0.11, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.16, with high estimates of $0.18 and low estimates of $0.14.
Analysts are recommending an EPS of between $0.74 and $0.61 for the fiscal current year, implying an average EPS of $0.67. EPS for the following year is $0.79, with 12 analysts recommending between $0.92 and $0.74.
Revenue Estimates
A total of 12 analysts believe the company’s revenue will be $347.86M this quarter.It ranges from a high estimate of $362M to a low estimate of $342.29M. As of the current estimate, Utz Brands Inc’s year-ago sales were $350.56M, an estimated decrease of -0.80% from the year-ago figure. For the next quarter, 12 analysts are estimating revenue of $361.93M, a decrease of -0.30% over than the figure of -$0.80% in the same quarter last year. There is a high estimate of $374M for the next quarter, whereas the lowest estimate is $356.4M.
A total of 13 analysts have provided revenue estimates for UTZ’s current fiscal year. The highest revenue estimate was $1.49B, while the lowest revenue estimate was $1.42B, resulting in an average revenue estimate of $1.44B. In the same quarter a year ago, actual revenue was $1.44B, up 0.10% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $1.5B in the next fiscal year. The high estimate is $1.56B and the low estimate is $1.45B. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.
