Utz Brands, Inc. (UTZ)
NYSE: UTZ · IEX Real-Time Price · USD
18.74
+0.48 (2.63%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Utz Brands Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Utz Brands stock have an average target of 18.54, with a low estimate of 15 and a high estimate of 22. The average target predicts a decrease of -1.07% from the current stock price of 18.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Utz Brands stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 3 | 3 | 4 | 4 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Strong Buy Maintains $19 → $22 | Strong Buy | Maintains | $19 → $22 | +17.40% | Apr 3, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $19 → $22 | Hold → Strong Buy | Upgrades | $19 → $22 | +17.40% | Mar 14, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $20 → $19 | Hold | Maintains | $20 → $19 | +1.39% | Mar 4, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $13 → $17 | Hold | Maintains | $13 → $17 | -9.28% | Mar 4, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $18 → $21 | Buy | Maintains | $18 → $21 | +12.06% | Mar 1, 2024 |
Financial Forecast
Revenue This Year
1.45B
from 1.44B
Increased by 0.75%
Revenue Next Year
1.50B
from 1.45B
Increased by 3.80%
EPS This Year
0.67
from -0.31
EPS Next Year
0.79
from 0.67
Increased by 17.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.5B | 1.6B | 1.6B | 1.8B | 1.8B |
| Avg | 1.4B | 1.5B | 1.6B | 1.7B | 1.8B |
| Low | 1.4B | 1.4B | 1.5B | 1.7B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.3% | 9.1% | 9.6% | 12.5% | 8.1% |
| Avg | 0.7% | 3.8% | 5.1% | 8.2% | 4.0% |
| Low | -3.1% | -1.9% | 1.5% | 5.0% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.72 | 0.87 | 0.99 |
| Avg | 0.67 | 0.79 | 0.92 |
| Low | 0.60 | 0.74 | 0.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 29.5% | 25.2% |
| Avg | - | 17.1% | 16.1% |
| Low | - | 9.2% | 4.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.