Hostess Brands (NASDAQ:TWNK) updated its FY17 earnings guidance on Tuesday. The company provided earnings per share guidance of $0.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64. The company issued revenue guidance of $781, compared to the consensus revenue estimate of $781.26 million.

A number of research analysts recently issued reports on the company. Zacks Investment Research lowered Hostess Brands from a buy rating to a hold rating in a research report on Tuesday. BidaskClub upgraded Hostess Brands from a hold rating to a buy rating in a research report on Friday, June 9th. Stephens assumed coverage on Hostess Brands in a research report on Tuesday, May 16th. They set an overweight rating and a $20.00 price objective for the company. UBS AG assumed coverage on Hostess Brands in a research report on Monday, July 31st. They set a neutral rating and a $16.00 price objective for the company. Finally, Deutsche Bank AG set a $19.00 price objective on Hostess Brands and gave the company a buy rating in a research report on Wednesday, May 10th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Hostess Brands currently has a consensus rating of Buy and an average target price of $17.83.

Hostess Brands (TWNK) traded down 1.37% on Tuesday, reaching $15.11. The company had a trading volume of 1,646,730 shares. The stock’s market cap is $1.50 billion. The company has a 50-day moving average of $15.82 and a 200 day moving average of $15.73. Hostess Brands has a one year low of $10.35 and a one year high of $17.18.

Hostess Brands (NASDAQ:TWNK) last issued its earnings results on Tuesday, August 8th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.01. On average, equities research analysts predict that Hostess Brands will post $0.64 EPS for the current year.

In other news, insider Cdm Hostess Class C, Llc sold 330,000 shares of the stock in a transaction that occurred on Wednesday, June 14th. The stock was sold at an average price of $16.44, for a total value of $5,425,200.00. Following the completion of the transaction, the insider now directly owns 195,000 shares of the company’s stock, valued at approximately $3,205,800. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider William Douglas Toler bought 50,000 shares of the company’s stock in a transaction dated Wednesday, May 31st. The stock was bought at an average cost of $15.85 per share, with a total value of $792,500.00. Following the completion of the acquisition, the insider now owns 485,000 shares in the company, valued at approximately $7,687,250. The disclosure for this purchase can be found here. Corporate insiders own 25.50% of the company’s stock.

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Earnings History and Estimates for Hostess Brands (NASDAQ:TWNK)

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