Utz Brands Inc (NYSE: UTZ) is -11.43% lower on its value in year-to-date trading and has touched a low of $13.36 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 $13.61 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $13.87, the stock is -8.79% and -15.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing 1.91% at the moment leaves the stock -18.52% off its SMA200. UTZ registered -14.49% loss for a year compared to 6-month gain of -11.88%. The firm has a 50-day simple moving average (SMA 50) of $16.424 and a 200-day simple moving average (SMA200) of $17.05845.
The stock witnessed a -19.59% loss in the last 1 month and extending the period to 3 months gives it a -20.56%, and is -4.28% 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 5.19% over the week and 3.54% over the month.
Utz Brands Inc (UTZ) has around 3654 employees, a market worth around $1.95B and $1.42B in sales. Fwd P/E is 16.75. Profit margin for the company is -0.99%. Distance from 52-week low is 3.78% and -30.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.93%).
with sales reaching $351.41M over the same period.The EPS is expected to grow by 28.77% this year, but quarterly earnings will post -1.27% year-over-year. Quarterly sales are estimated to shrink -0.20% in year-over-year returns.
286.0 institutions hold shares in Utz Brands Inc (UTZ), with institutional investors hold 112.11% of the company’s shares. The shares outstanding are 82.54M, and float is at 68.72M with Short Float at 9.91%. Institutions hold 92.95% 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).
