Utz Brands, Inc. (UTZ)

NYSE: UTZ · IEX Real-Time Price · USD
18.10
-0.60 (-3.21%)
May 15, 2024, 4:00 PM EDT - Market closed
-3.21%
Market Cap 1.47B
Revenue (ttm) 1.43B
Net Income (ttm) -19.80M
Shares Out 81.47M
EPS (ttm) -0.25
PE Ratio n/a
Forward PE 25.58
Dividend $0.24 (1.30%)
Ex-Dividend Date Apr 12, 2024
Volume 760,154
Open 18.71
Previous Close 18.70
Day's Range 17.93 - 18.71
52-Week Range 11.17 - 20.04
Beta 0.98
Analysts Buy
Price Target 20.33 (+12.32%)
Earnings Date May 2, 2024

About UTZ

Utz Brands, Inc. engages in manufacture, marketing, and distribution of snack foods. It offers a range of salty snacks, including salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, veggie snacks, pub/party mixes, tortilla chips, salsa and dips, ready-to-eat popcorn, and other snacks under the Utz, Zapp's, ON THE BORDER, Golden Flake, Boulder Canyon, Hawaiian, TORTIYAHS!, etc. The company sells its products to wholesale and other distributors, grocery stores, convenience and drug stores, discount stores, m... [Read more]

Industry Packaged Foods
Founded 2018
Employees 3,625
Stock Exchange NYSE
Ticker Symbol UTZ
Full Company Profile

Financial Performance

In 2023, Utz Brands's revenue was $1.44 billion, an increase of 2.12% compared to the previous year's $1.41 billion. Losses were -$24.94 million, 6261.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for UTZ stock is "Buy." The 12-month stock price forecast is $20.33, which is an increase of 12.32% from the latest price.

Price Target
$20.33
(12.32% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Utz Brands, Inc. to Webcast Presentation at the Goldman Sachs Global Staples Forum

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the Goldman Sachs Global Staples Forum on Tuesday, May 14, 2024, a...

2 days ago - Business Wire

Utz Brands Features New and Best-Selling Chips, Pretzels and Poppers at Sweets & Snacks Expo

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc.®, a leading U.S. manufacturer of branded salty snack foods for more than 100 years, will showcase new and best-selling products from multiple brands as ...

6 days ago - Business Wire

Utz Turns up the Heat With New Mike's Hot Honey Extra Hot Potato Chips

HANOVER, Pa.--(BUSINESS WIRE)--Utz®, a leading U.S. salty snack food brand, has teamed up again with Mike's Hot Honey®, America's original and No. 1 brand1 of hot honey, to create new Utz Mike's Hot H...

9 days ago - Business Wire

Utz Brands Reports First Quarter 2024 Results

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks and a small-cap growth and value Staples equity, today reporte...

13 days ago - Business Wire

Utz Brands Announces Continued Acceleration of Supply Chain Transformation Strategy and Completes Term Loan Repricing

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that certain of its subsidiaries including Ut...

27 days ago - Business Wire

Utz Brands to Report First Quarter 2024 Financial Results on May 2, 2024

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced it plans to report its first quarter 2024 fin...

4 weeks ago - Business Wire

Zapp's Encourages Everyone to ‘Bounce to the Flavor' in New Campaign, Celebrating the Snack Company's New Orleans Roots

HANOVER, Pa.--(BUSINESS WIRE)-- #BounceToTheFlavor--Zapp's®, a best-selling brand of kettle-style potato chips and Pretzel Stix, has launched a new advertising campaign in partnership with The Sasha G...

4 weeks ago - Business Wire

Utz Brands, Inc. Increases Quarterly Cash Dividend

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors has approved an a...

6 weeks ago - Business Wire

BofA's Peter Galbo makes a bullish argument for Utz stock

Peter Galbo, Bank of America research analyst, joins 'The Exchange' to discuss his bullish outlook for Utz.

2 months ago - CNBC Television

Utz Brands Showcases Better-For-You Portfolio at Natural Products Expo West

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc., a leading U.S. manufacturer of branded salty snack foods with more than 100 years of producing salty, craveable snacks, is featuring two of its beloved...

2 months ago - Business Wire

Utz Brands, Inc. to Webcast Presentation at the BofA Securities 2024 Consumer & Retail Conference on March 12

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the BofA Securities 2024 Consumer & Retail Conference in Miami, FL...

2 months ago - Business Wire

Utz Brands Reports Fourth Quarter and Full-Year 2023 Results

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today reported financial results for the fourth quarter and f...

2 months ago - Business Wire

Utz Unveils New Mixed Minis Pretzels

HANOVER, Pa.--(BUSINESS WIRE)-- #UTZMIXEDMINIS--Utz®, a leading U.S. salty snack food brand, is pleased to introduce its newest addition to its ever-growing lineup of snack food offerings with Utz Mix...

2 months ago - Business Wire

Utz Brands Announces Acceleration of Supply Chain Transformation and Brand Portfolio Strategy

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that certain of its subsidiaries including Ut...

3 months ago - Business Wire

Utz voluntarily recalls 88 cases of milk-contaminated potato chips

Utz Brands' subsidiary issued a voluntary recall of 88 cases of potato chips on Thursday due to an undeclared milk contamination.

3 months ago - Market Watch

Utz Quality Foods Issues Allergy Alert on Undeclared Milk in Utz® Wavy Original Potato Chips in Metro New York Area

HANOVER, Pa.--(BUSINESS WIRE)--Utz Quality Foods, LLC., is issuing a voluntary recall for 88 cases of Utz® 2.75 oz. Wavy Original Potato Chips due to an undeclared milk allergen. This recall was initi...

3 months ago - Business Wire

Ozempic and other weight-loss drugs' popularity set these stocks up for big gains

Investors have such high hopes for popular weight-loss medications like Wegovy and Ozempic, the wonder drugs have sent shock waves through the stock market.

4 months ago - Market Watch

Weight loss drugs haven't had much of an overall impact yet on snacks, says UTZ CEO Howard Friedman

UTZ CEO Howard Friedman joins 'Money Movers' to discuss the company's 2024 sales outlook, the broader demand for snacking, and more.

5 months ago - CNBC Television

Utz Brands sees 4% to 5% organics sales growth from FY23 through FY26, backs 2023 guidance

Utz Brands Inc. UTZ, -0.62% set long-term financial goals on Friday and backed its 2023 guidance in a statement released ahead of an investor day. The salty snacks maker said it still expects sales to...

5 months ago - Market Watch

Utz Brands to Introduce Long-Term Growth Strategy at 2023 Investor Day

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, will host its 2023 Investor Day today at the New York Stock E...

5 months ago - Business Wire

Utz Brands, Inc. Declares Quarterly Cash Dividend

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors declared a regula...

5 months ago - Business Wire

Utz Brands Appoints Mitchell Arends as Executive Vice President, Chief Integrated Supply Chain Officer and Cary Devore to Executive Vice President, Chief Operating and Transformation Officer

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands appoints Mitch Arends as Executive Vice President, Chief Integrated Supply Chain Officer Source: Utz Brands, Inc.

6 months ago - Business Wire

Utz Brands, Inc. to Webcast Presentation at the Stephens Annual Investment Conference on November 15

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, plans to present at the Stephens Annual Investment Conference in Nashville, TN, on Nov...

6 months ago - Business Wire

Utz Brands Reports Third Quarter 2023 Results

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today reported financial results for the Company's third fisc...

6 months ago - Business Wire

Utz Brands to Report Third Quarter 2023 Financial Results on November 9, 2023

HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced it plans to report its third quarter 2023 fin...

7 months ago - Business Wire