(UTZ) Utz Brands - Ratings and Ratios

Utz Brands, Inc. is a leading manufacturer and distributor of snack foods in the United States, boasting a diverse portfolio of salty snacks, including potato chips, tortilla chips, and pretzels, under various brands such as Utz, Zapps, and Golden Flake. The companys products are sold through multiple channels, including direct-to-warehouse distribution, retailers, and distributors, catering to a wide range of customers from supermarkets to convenience stores.

The companys extensive brand portfolio and distribution network enable it to maintain a strong presence in the competitive snack food market. Utz Brands has been in operation since 1921, and its long history is a testament to its ability to adapt to changing consumer preferences and market trends. With its headquarters in Hanover, Pennsylvania, the company is well-positioned to capitalize on the growing demand for snack foods in the United States.

Analyzing the , we observe that UTZs stock price is currently at $13.11, slightly below its 20-day SMA of $13.14. The stock has been trading near its 50-day SMA of $13.08, indicating a stable short-term trend. However, the 200-day SMA of $14.97 suggests that the stock is currently trading below its long-term average, potentially indicating a buying opportunity. Considering the , UTZs market capitalization stands at $1.157 billion, with a forward P/E ratio of 16.26, suggesting that the stock may be undervalued.

Based on the and , our forecast suggests that UTZs stock price may experience a moderate increase in the coming months, driven by the companys stable short-term trend and potential undervaluation. We anticipate that the stock price may reach $15.00 within the next 6-12 months, representing a potential upside of around 14% from current levels. However, this forecast is contingent upon the companys ability to maintain its market share and adapt to changing consumer preferences in the snack food industry.