Utz Brands (NYSE:UTZ) Updates 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 Price Performance

Shares of NYSE:UTZ opened at $14.14 on Friday. The company has a current ratio of 1.21, a quick ratio of 0.85 and a debt-to-equity ratio of 0.56. The stock’s fifty day simple moving average is $14.35 and its two-hundred day simple moving average is $16.20. Utz Brands has a 1-year low of $12.71 and a 1-year high of $20.04. The stock has a market cap of $1.99 billion, a PE ratio of 78.53, a price-to-earnings-growth ratio of 0.86 and a beta of 1.01.

Utz Brands (NYSE:UTZ) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. Utz Brands had a return on equity of 7.92% and a net margin of 1.13%. The business had revenue of $341.05 million for the quarter, compared to analysts’ expectations of $349.93 million. During the same period last year, the business earned $0.16 EPS. As a group, analysts forecast that Utz Brands will post 0.85 EPS for the current fiscal year.

Utz Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 16th were paid a dividend of $0.061 per share. The ex-dividend date was Monday, December 16th. This is a boost from Utz Brands’s previous quarterly dividend of $0.06. This represents a $0.24 annualized dividend and a yield of 1.73%. Utz Brands’s dividend payout ratio (DPR) is 133.33%.

Wall Street Analysts Forecast Growth

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