Utz Brands, through its wholly owned subsidiary, Utz Quality Foods, LLC, is a producer, marketer and distributor of snack food products. Co. sells products to supermarkets, mass merchants, club stores, dollar and discount stores, convenience stores, independent grocery stores, drug stores, food service, vending, military, and other channels in most regions of the United States through routes to market that include direct-store-delivery, direct to warehouse, and third-party distributors. Co. manufactures and distributes a line of salty snack items. Co. also sells dips, crackers, dried meat products and other snack food items packaged by other manufacturers. We show 7 historical shares outstanding datapoints in our UTZ shares outstanding history coverage, used to compute UTZ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UTZ market cap history over the course of time is important for investors
interested in comparing UTZ's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of UTZ versus a peer is one thing; comparing
UTZ market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like UTZ can fluctuate over the course of history.
With this page we aim to empower investors researching UTZ by allowing them to research the UTZ market cap history. |