Utz Brands Inc (UTZ) is expecting -2.20% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Utz Brands Inc (NYSE: UTZ) was unchanged from the session before settling in for the closing price of $17.72. A 52-week range for UTZ has been $11.16 – $20.02.

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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 8.77%. When this article was written, the company’s average yearly earnings per share was at 28.25%. With a float of $66.99 million, this company’s outstanding shares have now reached $81.19 million.

Let’s determine the extent of company efficiency that accounts for 3654 employees. In terms of profitability, gross margin is 31.6%, operating margin of 5.69%, and the pretax margin is 0.47%.

Utz Brands Inc (UTZ) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Utz Brands Inc stocks. The insider ownership of Utz Brands Inc is 18.83%, while institutional ownership is 91.06%. The most recent insider transaction that took place on Aug 06 ’24, was worth 15,045. In this transaction Director of this company bought 895 shares at a rate of $16.81, taking the stock ownership to the 27,971 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Director bought 4,000 for $16.11, making the entire transaction worth $64,440. This insider now owns 42,480 shares in total.

Utz Brands Inc (UTZ) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.17 earnings per share (EPS) during the time that was better than consensus figure (set at 0.15) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 28.25% per share during the next fiscal year.

Utz Brands Inc (NYSE: UTZ) Trading Performance Indicators

You can see what Utz Brands Inc (UTZ) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03. Likewise, its price to free cash flow for the trailing twelve months is 83.86.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.04, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.84 in one year’s time.

Technical Analysis of Utz Brands Inc (UTZ)

Looking closely at Utz Brands Inc (NYSE: UTZ), its last 5-days average volume was 0.84 million, which is a jump from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 75.27%. Additionally, its Average True Range was 0.51.

During the past 100 days, Utz Brands Inc’s (UTZ) raw stochastic average was set at 60.48%, which indicates a significant decrease from 76.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.74% in the past 14 days, which was lower than the 32.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.30, while its 200-day Moving Average is $17.04. However, in the short run, Utz Brands Inc’s stock first resistance to watch stands at $17.97. Second resistance stands at $18.22. The third major resistance level sits at $18.45. If the price goes on to break the first support level at $17.48, it is likely to go to the next support level at $17.25. Should the price break the second support level, the third support level stands at $17.00.

Utz Brands Inc (NYSE: UTZ) Key Stats

There are 140,823K outstanding shares of the company, which has a market capitalization of 1.46 billion. As of now, sales total 1,438 M while income totals -24,940 K. Its latest quarter income was 356,190 K while its last quarter net income were 19,850 K.