Media coverage about Hostess Brands (NASDAQ:TWNK) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hostess Brands earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news stories about the company an impact score of 44.2446833596284 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of analysts have issued reports on TWNK shares. Royal Bank of Canada reaffirmed a “buy” rating and set a $18.00 price target on shares of Hostess Brands in a report on Friday, December 22nd. Zacks Investment Research raised Hostess Brands from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. UBS Group downgraded Hostess Brands from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $16.00 to $11.00 in a report on Friday, October 13th. SunTrust Banks lifted their price target on Hostess Brands to $20.00 and gave the stock a “buy” rating in a report on Monday, December 18th. They noted that the move was a valuation call. Finally, JPMorgan Chase & Co. started coverage on Hostess Brands in a report on Wednesday, October 11th. They set a “neutral” rating and a $15.00 price target for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Hostess Brands presently has an average rating of “Buy” and an average target price of $16.89.
Shares of Hostess Brands (NASDAQ:TWNK) opened at $14.94 on Friday. The company has a quick ratio of 1.88, a current ratio of 2.18 and a debt-to-equity ratio of 0.77. Hostess Brands has a fifty-two week low of $11.00 and a fifty-two week high of $17.18.
Hostess Brands (NASDAQ:TWNK) last announced its quarterly earnings results on Wednesday, November 8th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.01. Hostess Brands had a return on equity of 1.16% and a net margin of 2.58%. The company had revenue of $192.30 million during the quarter, compared to the consensus estimate of $198.42 million. The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year. equities research analysts anticipate that Hostess Brands will post 0.61 earnings per share for the current fiscal year.
In other news, CEO William Douglas Toler bought 50,000 shares of the business’s stock in a transaction dated Friday, November 24th. The shares were acquired at an average price of $12.88 per share, for a total transaction of $644,000.00. Following the completion of the transaction, the chief executive officer now owns 250,000 shares of the company’s stock, valued at $3,220,000. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Cdm Hostess Class C, Llc sold 25,752 shares of Hostess Brands stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $15.30, for a total value of $394,005.60. Following the sale, the insider now owns 25,752 shares in the company, valued at approximately $394,005.60. The disclosure for this sale can be found here. 25.50% of the stock is currently owned by insiders.
Hostess Brands Company Profile
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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