Utz Brands stock rating reiterated at Outperform by RBC Capital

Published 29/07/2025, 15:34
Utz Brands stock rating reiterated at Outperform by RBC Capital

Investing.com - RBC Capital has reiterated an Outperform rating on Utz Brands (NYSE:UTZ) with a price target of $20.00, representing a potential 41% upside from the current price of $14.19. According to InvestingPro data, the company trades at a P/E ratio of 42.9x, with analysts expecting net income growth this year.

The investment firm maintained its positive outlook on the snack food company despite acknowledging broader challenges in the food category.

RBC noted its Q2 top-line estimates for Utz are now aligned with consensus expectations, implying a modest sequential deceleration from the previous quarter and in the underlying two-year average rate.

While the firm acknowledged that Utz’s previous quarter benefited from bonus pack promotions, RBC believes its current estimates remain achievable as distribution gains continue to ramp up, with additional support from the Easter timing shift.

RBC highlighted that despite industry headwinds, Utz continues to demonstrate relatively robust sales and volume growth along with market share gains, factors that support the firm’s positive view on the stock.

In other recent news, Utz Brands reported its first-quarter earnings for 2025, meeting analyst expectations with an earnings per share (EPS) of $0.16. The company also reported revenue of $352.1 million, which exceeded the forecast of $345.61 million. DA Davidson maintained its Buy rating for Utz Brands, keeping a price target of $16, while noting that the company’s first-quarter performance surpassed top-line expectations. Barclays (LON:BARC) also maintained its Overweight rating on Utz Brands, although it lowered the stock price target to $16 from $17, reflecting adjustments in earnings expectations for future quarters. Additionally, Utz Brands declared a regular quarterly cash dividend of $0.061 per share, demonstrating its commitment to shareholder value. The company appointed Trevor Martin as Senior Vice President of Investor Relations, bringing significant experience from his previous roles at Victory Capital and other firms. These developments highlight Utz Brands’ ongoing efforts to manage investor relations and financial performance effectively.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.