With 1.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.37 million shares. The 52-week range on UTZ shows that it touched its highest point at $18.87 and its lowest point at $11.53 during that stretch. It currently has a 1-year price target of $17.14. With its current market cap of 1.78 billion, UTZ has annualized dividend of $0.24 while the current yield stands at 1.90%. Beta for the stock currently stands at 1.19.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UTZ was up-trending over the past week, with a rise of 4.04%, but this was down by -4.47% over a month. Three-month performance dropped to -8.29% while six-month performance fell -25.55%. The stock lost -31.36% in the past year, while it has lost -19.41% so far this year. A look at the trailing 12-month EPS for UTZ yields 0.32 with Next year EPS estimates of 0.95. For the next quarter, that number is 0.19. This implies an EPS growth rate of 9.58% for this year and 13.05% for next year. EPS is expected to grow by 10.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.56%.
Float and Shares Shorts:
At present, 86.06 million UTZ shares are outstanding with a float of 70.55 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UTZ since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.74088 being high and $0.71124 being low. For UTZ, this leads to a yearly average estimate of $0.731. Based on analyst estimates, the high estimate for the next quarter is $0.27 and the low estimate is $0.22. The average estimate for the next quarter is thus $0.25.
