UTZ
Utz Brands (UTZ) surged nearly 90% after agreeing to be taken private by Germany's Intersnack Group in a $2.
Article Summary
HOLD- Utz Brands (UTZ) surged nearly 90% after agreeing to be taken private by Germany's Intersnack Group in a $2.9 billion deal that values Utz Brands at $14.25 per Class A share, representing a 91% premium to Monday's closing price.
- The deal includes rollover equity from the Rice and Lissette Family, who will retain a 50% stake in Utz once the transaction closes, while the German company will contribute $920 million in cash and rely on asset-based loan and term loan facilities for up to $1.35 billion in borrowings.
- Utz stock has surged 36% so far this year, outpacing the S&P 500, and is on track for its highest level in nearly a year if session gains hold, while retail sentiment toward the stock turned 'bullish' from 'bearish' over the last 24 hours.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 2.3% | 25% | 20.0 ptsMinimal (2.3%) - Very weak |
| EPS Growth Next 5Y ? | 4.4% | 25% | 10.0 ptsVery Weak (4.4%) - Minimal expectations |
| Target Price Upside ? | 17.1% above | 20% | 0.0 ptsAbove Target (17.1% above) - Target: $11.69 vs Current: $14.10 |
| Gross Margin % ? | 27.5% | 15% | 40.0 ptsModerate (27.5%) - Adequate margins |
| Drawdown from 52-Wk High ? | -3.9% | 15% | 20.0 ptsBarely a Dip (-3.9%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About UTZ
- Utz Brands, Inc. manufactures branded salty snacks in the United States.
- The company provides a range of salty snack food products, such as potato chips, tortilla chips, pretzels, cheese snacks, pub and party mixes, pork skins, and ready-to-eat popcorn, as well as other snacks which include salsa and dips; and non-branded and non-salty snacks comprising partner brands, private label, and co-manufacturing products.
- It offers its products under the Utz, On The Border, Zapp's, Boulder Canyon, Golden Flake, Miguelito's, Hawaiian, Bachman, Tim's Cascade, Dirty Potato Chips, TGI Fridays, and Vitner's brand names.
- The company distributes its products through direct-to-warehouse, direct-store-delivery, third-party distributors, and direct-to-consumer.
- Utz Brands, Inc. was founded in 1921 and is headquartered in Hanover, Pennsylvania.