Utz Brands (NYSE:UTZ) Issues FY 2025 Earnings Guidance

Utz Brands (NYSE:UTZ) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.850-0.890 for the period, compared to the consensus earnings per share estimate of 0.830. The company issued revenue guidance of -.

Utz Brands Stock Up 6.9 %

Utz Brands stock traded up $0.93 during trading on Thursday, reaching $14.40. The stock had a trading volume of 559,742 shares, compared to its average volume of 1,120,761. Utz Brands has a 52-week low of $12.71 and a 52-week high of $20.04. The business has a 50 day moving average price of $14.49 and a 200 day moving average price of $16.23. The company has a quick ratio of 0.85, a current ratio of 1.21 and a debt-to-equity ratio of 0.56. The stock has a market cap of $2.03 billion, a PE ratio of -75.37, a P/E/G ratio of 0.85 and a beta of 1.01.

Utz Brands (NYSE:UTZ) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Utz Brands had a negative net margin of 0.99% and a positive return on equity of 7.25%. During the same period in the prior year, the company earned $0.16 earnings per share. On average, analysts predict that Utz Brands will post 0.73 EPS for the current year.

Utz Brands Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Investors of record on Monday, December 16th were paid a $0.061 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.24 dividend on an annualized basis and a yield of 1.69%. This is an increase from Utz Brands’s previous quarterly dividend of $0.06. Utz Brands’s payout ratio is currently -126.32%.

Analysts Set New Price Targets

UTZ has been the subject of several recent analyst reports. Barclays reduced their price objective on shares of Utz Brands from $19.00 to $17.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. TD Cowen reduced their price objective on shares of Utz Brands from $21.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Piper Sandler reduced their price objective on shares of Utz Brands from $24.00 to $20.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Finally, Mizuho reduced their price objective on shares of Utz Brands from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Monday, February 10th. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $20.00.

About Utz Brands

Utz Brands, Inc engages in manufacture, marketing, and distribution of snack foods. It offers a range of salty snacks, including salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, veggie snacks, pub/party mixes, tortilla chips, salsa and dips, ready-to-eat popcorn, and other snacks under the Utz, Zapp’s, ON THE BORDER, Golden Flake, Boulder Canyon, Hawaiian, TORTIYAHS!, etc.