Key Takeaways From Utz Brands Analyst Ratings

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Discover the latest analyst ratings for Utz Brands UTZ within the last quarter:

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 7 3 0 0
Last 30D 0 2 0 0 0
1M Ago 0 0 0 0 0
2M Ago 1 1 2 0 0
3M Ago 0 4 1 0 0

Gain insights into the future projections for Utz Brands by 11 analysts over the next 12 months. The anticipated average price target is $16.18, with a high estimate of $19.00 and a low estimate of $13.00.

See a summary of 11 analysts' perspectives on Utz Brands over the past 3 months. The number of bullish ratings reflects a positive sentiment, while bearish ratings indicate a negative viewpoint.

A negative shift in sentiment is evident as analysts have decreased the average price target by 13.84%.

Deciphering Analyst Ratings: An In-Depth Analysis

Discover the analyses of financial experts and analysts, gaining insights into their recent evaluations for Utz Brands. Our Ratings Table below provides a detailed overview of the actions taken by key analysts, their current ratings, and price targets. Grasping the perspectives of these experts on the company can unveil valuable insights into potential market trends and investor sentiment.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Michael Lavery Piper Sandler Raises Overweight $18.00 $17.00
Nik Modi RBC Capital Raises Outperform $19.00 $17.00
Madhu Kumar Goldman Sachs Lowers Neutral $17.00 $19.00
Bill Chappell Truist Securities Lowers Hold $13.00 $18.00
Rob Dickerson Jefferies Announces Buy $15.00 -
Ben Bienvenu Stephens & Co. Lowers Overweight $16.00 $18.00
Peter Galbo B of A Securities Lowers Neutral $13.00 $20.00
Andrew Lazar Barclays Lowers Overweight $16.00 $17.00
Michael Lavery Piper Sandler Lowers Overweight $17.00 $22.00
Nik Modi RBC Capital Announces Outperform $17.00 -
Andrew Lazar Barclays Lowers Overweight $17.00 $21.00

Key Insights:

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  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Utz Brands. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Utz Brands compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Utz Brands's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

For valuable insights into Utz Brands's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Utz Brands analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

All You Need to Know About Utz Brands

Utz Brands Inc is a snack food manufacturing company. It manufactures a diverse portfolio of salty snacks under popular brands including Utz, Zapp's, Golden Flake, Good Health, Boulder Canyon, Hawaiian, TORTIYAHS!, among others. The company's products include potato chips, pretzels, cheese snacks, pork skins, pub/party mixes, and veggie snacks. Its products are distributed nationally and internationally through grocery, mass merchant, club, convenience, drug, and other channels. It operates in the given segment: the manufacturing, distribution, marketing and sale of snack food products.

Key Indicators: Utz Brands's Financial Health

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Positive Revenue Trend: Examining Utz Brands's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 2.49% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Staples sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 4.3%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Utz Brands's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.29%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Utz Brands's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.57%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Utz Brands's debt-to-equity ratio surpasses industry norms, standing at 1.42. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

The Core of Analyst Ratings: What Every Investor Should Know

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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