Forecasting The Future: 4 Analyst Projections For Utz Brands

In the last three months, 4 analysts have published ratings on Utz Brands UTZ, offering a diverse range of perspectives 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 1 3 0 0 0
Last 30D 0 1 0 0 0
1M Ago 1 0 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 2 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $20.5, a high estimate of $24.00, and a low estimate of $17.00. A 9.89% drop is evident in the current average compared to the previous average price target of $22.75.

price target chart

Decoding Analyst Ratings: A Detailed Look

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
Michael Lavery Piper Sandler Lowers Overweight $20.00 $24.00
Robert Moskow TD Cowen Lowers Buy $17.00 $21.00
John Baumgartner Mizuho Lowers Outperform $21.00 $24.00
Michael Lavery Piper Sandler Raises Overweight $24.00 $22.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Utz Brands. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Utz Brands compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Utz Brands's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Utz Brands's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Utz Brands analyst ratings.

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Delving into Utz Brands's Background

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: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Decline in Revenue: Over the 3 months period, Utz Brands faced challenges, resulting in a decline of approximately -1.7% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Staples sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -0.6%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Utz Brands's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.32%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Utz Brands's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.08%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.26, caution is advised due to increased financial risk.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

Which Stocks Are Analysts Recommending Now?

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

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