| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | 10 | 2 | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.25 |
—
—
—
|
| 2025 | 0.25 |
—
—
—
—
|
| 2024 | 0.12 |
—
—
—
—
|
| 2023 | 0.23 |
—
—
—
—
|
| 2022 | 0.22 |
—
—
—
—
|
| 2021 | 0.20 |
—
—
—
—
|
| 2020 | 0.11 |
—
—
|
| 2019 | ‡‡‡‡ |
|
| 2018 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 52.02 | 56.10 | 120.40 | 58.60 |
| Receivables | 135.13 | 119.90 | 100.80 | 123.60 |
| Inventory | 104.67 | 101.40 | 119.30 | 128.70 |
| Other | — | — | — | — |
| 328.05 | 317.30 | 384.40 | 362.10 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 124.36 | 151.00 | 197.40 | 196.70 |
| ST’ Debt | 21.09 | 16.10 | 31.40 | 38.60 |
| Other | — | 33.00 | — | — |
| 230.69 | 285.30 | 323.20 | 340.70 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 361.30 | 371.80 | — | — |
—
|
| ’25 | 352.10 | 366.70 | 377.80 | 342.20 |
1,438.80
|
| ’24 | 346.52 | 356.20 | 365.50 | 340.98 |
1,409.20
|
| ’23 | 351.43 | 362.85 | 371.85 | 352.06 |
1,438.20
|
| ’22 | 340.77 | 350.15 | 362.82 | 354.67 |
1,408.40
|
| ’22 | — | — | — | — |
1,408.00
|
| ’21 | 269.18 | 297.92 | 312.68 | 300.93 |
1,180.71
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (12.20) | 11.70 | — | — |
—
|
| ’25 | (20.20) | 16.30 | 51.20 | 64.90 |
112.20
|
| ’24 | (9.06) | 8.87 | 52.20 | 54.20 |
106.20
|
| ’23 | (8.44) | 4.13 | 53.45 | 27.47 |
76.60
|
| ’22 | (36.00) | 9.74 | 34.34 | 40.12 |
48.19
|
| ’22 | — | — | — | — |
48.19
|
| ’21 | (13.18) | 13.14 | 4.33 | 44.11 |
48.39
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (25.90) | (0.70) | — | — |
—
|
| ’25 | (58.20) | (10.60) | 27.80 | 75.00 |
34.00
|
| ’24 | (16.69) | (6.41) | 31.10 | 17.00 |
25.00
|
| ’23 | (21.90) | (11.62) | 45.73 | 18.18 |
30.40
|
| ’22 | (43.00) | (40.99) | 27.46 | 21.10 |
(35.44)
|
| ’22 | — | — | — | — |
48.19
|
| ’21 | (16.13) | 5.55 | (3.09) | 31.59 |
17.92
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.02) | (0.11) | — | — |
—
|
| ’25 | 0.09 | 0.12 | (0.17) | (0.03) |
0.01
|
| ’24 | (0.05) | 0.23 | (0.03) | 0.03 |
0.19
|
| ’23 | (0.11) | (0.05) | 0.19 | (0.34) |
(0.31)
|
| ’22 | (0.22) | 0.04 | (0.01) | 0.18 |
0.00
|
| ’22 | — | — | — | — |
0.00
|
| ’21 | (0.30) | 0.21 | 0.40 | (0.10) |
0.25
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 12.06 | 11.17 | 14.17 | 9.20 | — | — | — |
Low Price
|
| — | — | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 19.98 | 19.11 | 20.04 | 15.79 | — | — | — |
High Price
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,800 | 3,654 | 3,200 | 3,300 | — | — | — |
Employees
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.39 | 0.44 | 0.44 | — | — | — |
Revenue/Emp
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,408.00 | 1,438.20 | 1,409.20 | 1,438.80 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 29.19% | 24.39% | 26.19% | 24.90% | — | — | — |
Gross Margin
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (38.00) | (39.20) | 69.40 | (0.60) | — | — | — |
EBT
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.70%) | (2.73%) | 4.92% | (0.04%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.00 | (40.00) | 30.70 | (7.70) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 86.80 | 81.10 | 74.10 | 83.80 | — | — | — |
Depreciation
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 17.60 | 17.74 | 17.16 | 16.62 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| — | — | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | 0.00 | (0.31) | 0.19 | 0.01 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.60 | 0.94 | 1.29 | 1.30 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | (0.57) | (0.99) | (0.90) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.60 | 0.37 | 0.30 | 0.39 | — | — | — |
Free CF/Sh
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.79 | 17.07 | 16.84 | 15.53 | ‡‡‡‡ | — | — |
Book Value/Sh
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 80.00 | 81.08 | 82.10 | 86.58 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | 67.76 | 0.00 | 82.42 | 1,038.00 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 1.10 | 0.92 | 0.91 | 0.62 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| — | — | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 0.91 | 0.96 | 0.93 | 0.67 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 1.80 | 1.53 | 1.43 | 1.14 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ |
EV/Sales
|
| — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 118.48 | 73.52 | 80.53 | 48.30 | — | — | — |
EV/FCF
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 48.19 | 76.60 | 106.20 | 112.20 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (87.96) | (46.20) | (81.20) | (78.20) | ‡‡‡‡‡ | — | — |
Capex
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 48.19 | 30.40 | 25.00 | 34.00 | ‡‡‡‡‡ | — | — |
FCF
|
| — | — | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 135.00 | 97.37 | 32.00 | 61.20 | — | — | — |
Working Cap'
|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 992.00 | 918.77 | 783.60 | 863.80 | — | — | — |
Total Debt
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 919.00 | 866.75 | 727.50 | 743.40 | — | — | — |
Net Debt
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 703.00 | 1,383.68 | 1,382.20 | 1,344.90 | — | — | — |
Sh' Equity
|
| — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.00% | (0.89%) | 0.58% | 0.03% | — | — | — |
ROA
|
| — | — | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00% | 0.44% | 1.74% | 0.58% | — | — | — |
ROIC
|
| — | — | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.00% | (1.76%) | 1.15% | 0.06% | — | — | — |
ROE
|
Utz Brands, Inc. (UTZ) has emerged as a compelling turnaround story in the recession-resistant snack food sector, with salty staples like potato chips driving steady revenue growth from $772 million in 2018 to $1.41 billion in 2024—an 83% increase fueled by pandemic snacking, acquisitions, and regional dominance in the Northeast. Despite early post-IPO profitability struggles from supply chain issues and inflation, 2024 marked a dramatic shift with $69 million in pre-tax earnings (4.9% margin), expanding gross margins to 35.1%, and positive EPS of $0.19, signaling improving efficiency amid a leaner workforce.
The balance sheet strengthens the case, with debt down 15% to $784 million, robust equity at $1.39 billion, and healthy cash flow supporting growth capex. Trading at undervalued multiples like 0.91x PS and a forward PE of 39x, the stock lags its historical highs despite revenue doubling since 2020, creating potential for 115-220% upside. Aggressive insider buying—$3.1 million in 2025 purchases led by the CEO—and analysts’ mean price target implying 44% gains (high of 82%) underscore confidence in projected EPS doubling to $0.60 by 2027 and Midwest expansion.
For patient investors, UTZ offers mid-cap growth in consolidating snacks, with tailwinds from M&A and stabilizing costs poised to deliver 30-50% returns if margins hold and consumer spending endures—making it a snack worth savoring in portfolios.
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