News articles about Hostess Brands (NASDAQ:TWNK) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hostess Brands earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 44.4727867043094 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several analysts have issued reports on TWNK shares. Morgan Stanley started coverage on shares of Hostess Brands in a research report on Monday, September 25th. They set an “equal weight” rating and a $14.00 price target on the stock. UBS Group lowered shares of Hostess Brands from a “neutral” rating to a “sell” rating and dropped their price objective for the company from $16.00 to $11.00 in a research report on Friday, October 13th. JPMorgan Chase & Co. started coverage on shares of Hostess Brands in a research report on Wednesday, October 11th. They issued a “neutral” rating and a $15.00 price objective on the stock. Zacks Investment Research lowered shares of Hostess Brands from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $16.00 price objective on shares of Hostess Brands in a research report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $16.89.
Hostess Brands (TWNK) traded up $0.08 during trading hours on Friday, reaching $14.85. 592,392 shares of the company were exchanged, compared to its average volume of 784,678. Hostess Brands has a 1-year low of $11.00 and a 1-year high of $17.18. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.88 and a current ratio of 2.18.
Hostess Brands (NASDAQ:TWNK) last released its quarterly earnings results on Wednesday, November 8th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The business had revenue of $192.30 million for the quarter, compared to analyst estimates of $198.42 million. Hostess Brands had a net margin of 2.58% and a return on equity of 1.16%. Hostess Brands’s quarterly revenue was down 2.0% on a year-over-year basis. equities research analysts anticipate that Hostess Brands will post 0.61 earnings per share for the current year.
In other Hostess Brands news, insider Cdm Hostess Class C, Llc sold 25,752 shares of the stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $15.30, for a total transaction of $394,005.60. Following the sale, the insider now directly owns 25,752 shares in the company, valued at $394,005.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Neil P. Defeo acquired 10,000 shares of Hostess Brands stock in a transaction on Friday, November 24th. The shares were purchased at an average price of $12.96 per share, for a total transaction of $129,600.00. Following the completion of the purchase, the director now directly owns 16,482 shares of the company’s stock, valued at $213,606.72. The disclosure for this purchase can be found here. Corporate insiders own 25.50% of the company’s stock.
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About Hostess Brands
Hostess Brands, Inc, a packaged food company, focuses on developing, manufacturing, marketing, selling, and distributing fresh sweet baked goods in the United States. The company operates in two segments, Sweet Baked Goods and Other. Its principal product lines include Twinkies, Zingers, Donettes, coffee cakes, cupcakes, cinnamon rolls, Ding Dongs, honey buns, fruit pies, Sno Balls, mini muffins, Chocodiles, Ho Hos, brownies, Suzy Qs, bread and buns, danishes, jumbo muffins, iced cookies, eclairs, and madeleines.
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