Utz Brands (NYSE:UTZ) Hits New 1-Year Low – Time to Sell?

Utz Brands, Inc. (NYSE:UTZ)’s share price reached a new 52-week low on Tuesday . The company traded as low as $8.71 and last traded at $8.72, with a volume of 426121 shares traded. The stock had previously closed at $9.01.

Wall Street Analyst Weigh In

A number of research firms have recently commented on UTZ. Piper Sandler dropped their price objective on Utz Brands from $15.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 13th. UBS Group set a $10.00 price target on Utz Brands in a research report on Friday, February 13th. Barclays cut their price target on Utz Brands from $13.00 to $12.00 and set an “overweight” rating for the company in a report on Friday, February 13th. Zacks Research lowered shares of Utz Brands from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 14th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Utz Brands in a report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Utz Brands has a consensus rating of “Hold” and an average price target of $12.86.

Utz Brands Stock Performance

The company has a quick ratio of 0.82, a current ratio of 1.19 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average of $10.11 and a 200 day moving average of $11.06. The stock has a market capitalization of $1.26 billion, a P/E ratio of 877.88, a PEG ratio of 3.42 and a beta of 0.93.

Utz Brands (NYSE:UTZ) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26. The company had revenue of $342.20 million during the quarter, compared to the consensus estimate of $346.99 million. Utz Brands had a net margin of 0.06% and a return on equity of 8.57%. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period last year, the firm earned $0.22 EPS. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. Research analysts anticipate that Utz Brands, Inc. will post 0.85 EPS for the current fiscal year.

Utz Brands Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 15th were given a dividend of $0.063 per share. This is a boost from Utz Brands’s previous quarterly dividend of $0.06. The ex-dividend date was Monday, December 15th. This represents a $0.25 annualized dividend and a dividend yield of 2.9%. Utz Brands’s dividend payout ratio is 2,500.00%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC acquired a new stake in shares of Utz Brands in the 2nd quarter valued at $25,000. Aster Capital Management DIFC Ltd lifted its holdings in Utz Brands by 194.8% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 2,618 shares of the company’s stock valued at $32,000 after purchasing an additional 1,730 shares during the last quarter. Global Retirement Partners LLC boosted its position in Utz Brands by 431.5% in the fourth quarter. Global Retirement Partners LLC now owns 3,343 shares of the company’s stock valued at $35,000 after buying an additional 2,714 shares in the last quarter. Osaic Holdings Inc. boosted its position in Utz Brands by 76.1% in the second quarter. Osaic Holdings Inc. now owns 3,756 shares of the company’s stock valued at $47,000 after buying an additional 1,623 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in Utz Brands by 118.5% during the fourth quarter. Farther Finance Advisors LLC now owns 4,356 shares of the company’s stock worth $45,000 after buying an additional 2,362 shares during the last quarter. 95.97% of the stock is currently owned by institutional investors and hedge funds.

About Utz Brands

Utz Brands, Inc is a leading U.S. manufacturer and distributor of salty snack foods, offering a wide range of products including potato chips, pretzels, cheese snacks, popcorn and tortilla chips. Headquartered in Hanover, Pennsylvania, the company markets its snacks under several well-known brands and serves grocery, mass merchandise, club, convenience and online retailers throughout the United States.

Founded in 1921 by Bill and Salie Utz as a small country store operation, the business expanded gradually through direct delivery to local customers and sales to regional grocers.