Utz Brands Inc (NYSE: UTZ) is -4.09% lower on its value in year-to-date trading and has touched a low of $14.16 and a high of $20.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UTZ stock was last observed hovering at around $15.15 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $15.02, the stock is -8.12% and -10.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing -0.86% at the moment leaves the stock -12.54% off its SMA200. UTZ registered -11.75% loss for a year compared to 6-month gain of -8.91%. The firm has a 50-day simple moving average (SMA 50) of $16.7254 and a 200-day simple moving average (SMA200) of $17.1877.
The stock witnessed a -12.73% loss in the last 1 month and extending the period to 3 months gives it a -12.32%, and is -4.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.73% over the week and 2.78% over the month.
Utz Brands Inc (UTZ) has around 3654 employees, a market worth around $2.10B and $1.42B in sales. Fwd P/E is 18.07. Profit margin for the company is -0.99%. Distance from 52-week low is 6.06% and -24.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.93%).
The EPS is expected to grow by 29.30% this year.
Utz Brands Inc (UTZ) Top Institutional Holders
285.0 institutions hold shares in Utz Brands Inc (UTZ), with institutional investors hold 112.12% of the company’s shares. The shares outstanding are 82.54M, and float is at 69.04M with Short Float at 10.86%. Institutions hold 92.92% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.9 million shares valued at $114.77 million. The investor’s holdings represent 8.4745% of the UTZ Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 5.68 million shares valued at $94.47 million to account for 6.975 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.13 million shares representing 6.3053% and valued at over $85.39 million, while CHAMPLAIN INVESTMENT PARTNERS, LLC holds 6.2916 of the shares totaling 5.12 million with a market value of $85.21 million.
Utz Brands Inc (UTZ) Insider Activity
The most recent transaction is an insider sale by CC Collier Holdings, LLC, the company’s. SEC filings show that CC Collier Holdings, LLC sold 2,815,404 shares of the company’s common stock on Nov 06 ’24 at a price of $17.29 per share for a total of $48.68 million. Following the sale, the insider now owns 0.5 million shares.
Still, SEC filings show that on Nov 04 ’24, Devore Cary (EVP, Chief Op & Transform Ofc) disposed off 30,000 shares at an average price of $17.32 for $0.52 million. The insider now directly holds 451,117 shares of Utz Brands Inc (UTZ).
