UBS Group Issues Pessimistic Forecast for Utz Brands (NYSE:UTZ) Stock Price

Utz Brands (NYSE:UTZ) had its target price dropped by analysts at UBS Group from $10.00 to $8.50 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price target would suggest a potential upside of 10.19% from the company’s current price.

A number of other research analysts have also commented on UTZ. Bank of America cut their target price on Utz Brands from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Tuesday, January 13th. Mizuho set a $14.00 target price on Utz Brands in a research note on Monday, February 23rd. DA Davidson set a $15.00 target price on Utz Brands in a research note on Wednesday, January 14th. Barclays cut their target price on Utz Brands from $13.00 to $12.00 and set an “overweight” rating for the company in a research note on Friday, February 13th. Finally, Piper Sandler cut their target price on Utz Brands from $15.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Utz Brands presently has an average rating of “Hold” and a consensus target price of $12.64.

Utz Brands Stock Performance

Shares of UTZ stock traded down $0.03 during trading hours on Tuesday, reaching $7.71. 677,024 shares of the company’s stock were exchanged, compared to its average volume of 1,799,519. Utz Brands has a fifty-two week low of $7.11 and a fifty-two week high of $14.67. The stock has a market capitalization of $1.11 billion, a P/E ratio of 769.27, a P/E/G ratio of 2.84 and a beta of 0.98. The business has a fifty day moving average price of $8.88 and a 200-day moving average price of $10.12. The company has a quick ratio of 0.82, a current ratio of 1.19 and a debt-to-equity ratio of 0.62.

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

Institutional Inflows and Outflows

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

Utz Brands Company Profile

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.