During the last three months, 6 analysts shared their evaluations of Utz Brands UTZ, revealing diverse outlooks from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 4 | 0 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 2 | 3 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Utz Brands, presenting an average target of $22.33, a high estimate of $24.00, and a low estimate of $19.00. Observing a 6.74% increase, the current average has risen from the previous average price target of $20.92.
Diving into Analyst Ratings: An In-Depth Exploration
An in-depth analysis of recent analyst actions unveils how financial experts perceive Utz Brands. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Andrew Lazar | Barclays | Lowers | Overweight | $19.00 | $23.00 |
Andrew Lazar | Barclays | Raises | Overweight | $23.00 | $20.00 |
Ben Bienvenu | Stephens & Co. | Raises | Overweight | $23.00 | $21.00 |
Nik Modi | RBC Capital | Raises | Outperform | $23.00 | $19.00 |
John Baumgartner | Mizuho | Raises | Buy | $24.00 | $22.00 |
Matt McGinley | Needham | Raises | Buy | $22.00 | $20.50 |
Key Insights:
- 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 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.
To gain a panoramic view of Utz Brands's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Utz Brands analyst ratings.
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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, 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.
Breaking Down Utz Brands's Financial Performance
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Utz Brands's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -1.4% in revenue growth, reflecting a decrease in 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: Utz Brands's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -1.15%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Utz Brands's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.6%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.15%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Utz Brands's debt-to-equity ratio stands notably higher than the industry average, reaching 1.25. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Basics of Analyst Ratings
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.
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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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