Utz Brands
About: Utz Brands Inc is a manufacturer of branded salty snacks. It produces a broad offering of salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, pub/party mixes, and other snacks. Its iconic portfolio of authentic, craft, and better-for-you (BFY) brands, which includes Utz, Zapp's, On The Border, Golden Flake, and Boulder Canyon, among others, enjoys household penetration in the United States, where its products can be found in approximately half of U.S. household. The company operates in eight manufacturing facilities with a broad range of capabilities, and its products are distributed nationally to grocery, mass, club, convenience, drug, e-commerce and other retailers through direct shipments, distributors, and approximately 2,500 DSD routes.
Employees: 3,200
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1,272% more call options, than puts
Call options by funds: $15.9M | Put options by funds: $1.16M
60% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 20
22% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 69
4% more funds holding
Funds holding: 212 [Q3] → 221 (+9) [Q4]
3.65% more ownership
Funds ownership: 91.15% [Q3] → 94.8% (+3.65%) [Q4]
8% less capital invested
Capital invested by funds: $1.33B [Q3] → $1.22B (-$107M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
RBC Capital Nik Modi 48% 1-year accuracy 19 / 40 met price target | 45%upside $20 | Outperform Maintained | 24 Feb 2025 |
DA Davidson Brian Holland 30% 1-year accuracy 3 / 10 met price target | 16%upside $16 | Neutral Maintained | 24 Feb 2025 |
Mizuho John Baumgartner 55% 1-year accuracy 11 / 20 met price target | 38%upside $19 | Outperform Maintained | 10 Feb 2025 |
Financial journalist opinion
Based on 8 articles about UTZ published over the past 30 days
