Throughout the last three months, 8 analysts have evaluated Utz Brands (NYSE:UTZ), offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 1 | 3 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 2 | 0 | 0 |
| 3M Ago | 1 | 1 | 1 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $20.44, along with a high estimate of $22.00 and a low estimate of $17.00. This current average has increased by 10.49% from the previous average price target of $18.50.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Utz Brands by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Matt McGinley | Needham | Raises | Buy | $22.00 | $20.50 |
| John Baumgartner | Mizuho | Raises | Buy | $22.00 | $19.00 |
| Peter Galbo | B of A Securities | Raises | Buy | $22.00 | $19.00 |
| Brian Holland | DA Davidson | Lowers | Neutral | $19.00 | $20.00 |
| Bill Chappell | Truist Securities | Raises | Hold | $17.00 | $13.00 |
| Michael Lavery | Piper Sandler | Raises | Overweight | $21.00 | $18.00 |
| Matt McGinley | Needham | Raises | Buy | $20.50 | $20.00 |
| Brian Holland | DA Davidson | Announces | Neutral | $20.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Utz Brands. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Utz Brands compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Utz Brands's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Utz Brands's market standing. Stay informed and make data-driven decisions with our Ratings Table.
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Discovering Utz Brands: A Closer Look
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, Boulder Canyon, Hawaiian, TORTIYAHS!, among others. The company's products include potato chips, tortilla chips, pretzels, cheese snacks, pork skins, veggie snacks, pub/party mixes, and other 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.
Financial Milestones: Utz Brands's Journey
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Negative Revenue Trend: Examining Utz Brands's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -0.72% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Staples sector.
Net Margin: Utz Brands's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -7.86%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Utz Brands's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -4.03%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Utz Brands's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.0%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.47, caution is advised due to increased financial risk.
Understanding the Relevance of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.