At the time of writing, Utz Brands Inc [UTZ] stock is trading at $13.91, down -1.35%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The UTZ shares have gain 4.12% over the last week, with a monthly amount glided 0.14%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Utz Brands Inc [NYSE: UTZ] stock has seen the most recent analyst activity on March 14, 2024, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $22 from $19. Previously, DA Davidson started tracking the stock with Neutral rating on March 01, 2024, and set its price target to $20. On January 03, 2024, Needham initiated with a Buy rating and assigned a price target of $20 on the stock. Mizuho started tracking the stock assigning a Buy rating and suggested a price target of $19 on December 20, 2023. RBC Capital Mkts reiterated its recommendation of a Outperform and raised its price target to $19 on December 18, 2023. Jefferies started tracking with a Buy rating for this stock on October 25, 2023, and assigned it a price target of $15. In a note dated October 23, 2023, Stephens upgraded an Overweight rating on this stock and revised its target price from $18 to $16.
For the past year, the stock price of Utz Brands Inc fluctuated between $12.71 and $20.00. Currently, Wall Street analysts expect the stock to reach $24 within the next 12 months. Utz Brands Inc [NYSE: UTZ] shares were valued at $13.91 at the most recent close of the market. An investor can expect a potential return of 72.54% based on the average UTZ price forecast.
Analyzing the UTZ fundamentals
According to Utz Brands Inc [NYSE:UTZ], the company’s sales were 1.41B for trailing twelve months, which represents an -3.14% plunge. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.71 points at the first support level, and at 13.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.21, and for the 2nd resistance point, it is at 14.51.
Ratios To Look Out For
It is important to note that Utz Brands Inc [NYSE:UTZ] has a current ratio of 1.11. Also, the Quick Ratio is 0.76, while the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 1.42, the price to book ratio is 1.65 and price to earnings (TTM) ratio is 75.35.
Transactions by insiders
Recent insider trading involved Friedman Howard A, CEO, that happened on Feb 24 ’25 when 3525.0 shares were purchased., CC Collier Holdings, LLC completed a deal on Nov 06 ’24 to sell 2.82 million shares. Meanwhile, Affiliate CC Collier Holdings, LLC bought 2.82 million shares on Nov 06 ’24.
