Media coverage about Hostess Brands (NASDAQ:TWNK) has been trending somewhat positive on Monday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hostess Brands earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the company an impact score of 44.3862145074361 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Hostess Brands (NASDAQ:TWNK) opened at $14.85 on Monday. 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 1 year low of $11.00 and a 1 year high of $17.18.
Hostess Brands (NASDAQ:TWNK) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $192.30 million for the quarter, compared to the consensus estimate of $198.42 million. Hostess Brands had a return on equity of 1.16% and a net margin of 2.58%. The business’s quarterly revenue was down 2.0% compared to the same quarter last year. research analysts anticipate that Hostess Brands will post 0.61 earnings per share for the current year.
TWNK has been the topic of several analyst reports. Royal Bank of Canada reaffirmed a “buy” rating and set a $18.00 target price 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 lowered their price target for the stock from $16.00 to $11.00 in a research report on Friday, October 13th. SunTrust Banks increased their price target on Hostess Brands to $20.00 and gave the stock a “buy” rating in a research report on Monday, December 18th. They noted that the move was a valuation call. Finally, JPMorgan Chase & Co. began coverage on Hostess Brands in a research report on Wednesday, October 11th. They set a “neutral” rating and a $15.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $16.89.
In other news, CEO William Douglas Toler bought 50,000 shares of the firm’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 directly owns 250,000 shares in the company, valued at approximately $3,220,000. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Cdm Hostess Class C, Llc sold 25,752 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $15.30, for a total value of $394,005.60. Following the completion of the transaction, 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. 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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