Analysts expect Amplify Snack Brands, inc. (NYSE:BETR) to announce $0.09 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Amplify Snack Brands, inc.’s earnings, with the lowest EPS estimate coming in at $0.07 and the highest estimate coming in at $0.10. Amplify Snack Brands, inc. posted earnings of $0.12 per share during the same quarter last year, which would suggest a negative year over year growth rate of 25%. The business is expected to issue its next earnings report on Monday, November 13th.

On average, analysts expect that Amplify Snack Brands, inc. will report full year earnings of $0.35 per share for the current fiscal year, with EPS estimates ranging from $0.32 to $0.38. For the next fiscal year, analysts anticipate that the business will post earnings of $0.49 per share, with EPS estimates ranging from $0.37 to $0.71. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Amplify Snack Brands, inc..

Amplify Snack Brands, inc. (NYSE:BETR) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $0.08 EPS for the quarter, hitting the consensus estimate of $0.08. Amplify Snack Brands, inc. had a net margin of 3.43% and a return on equity of 36.58%. The firm had revenue of $101 million during the quarter, compared to analyst estimates of $98.99 million. During the same quarter in the prior year, the business posted $0.15 earnings per share. Amplify Snack Brands, inc.’s revenue for the quarter was up 68.6% compared to the same quarter last year.

BETR has been the subject of several research reports. Zacks Investment Research cut shares of Amplify Snack Brands, inc. from a “hold” rating to a “sell” rating in a report on Wednesday, May 10th. Jefferies Group LLC set a $12.00 price target on shares of Amplify Snack Brands, inc. and gave the stock a “buy” rating in a report on Saturday, July 29th. TheStreet upgraded shares of Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a report on Wednesday, August 2nd. BidaskClub cut shares of Amplify Snack Brands, inc. from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Finally, Wedbush restated a “hold” rating on shares of Amplify Snack Brands, inc. in a report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. Amplify Snack Brands, inc. presently has a consensus rating of “Hold” and an average target price of $13.36.

Amplify Snack Brands, inc. (NYSE BETR) traded up 2.29% during midday trading on Monday, hitting $6.70. 453,263 shares of the stock traded hands. Amplify Snack Brands, inc. has a 1-year low of $6.40 and a 1-year high of $17.53. The company has a 50-day moving average price of $9.28 and a 200-day moving average price of $9.12. The firm has a market cap of $514.30 million, a P/E ratio of 48.20 and a beta of 2.04.

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In other news, Director Pamela L. Netzky sold 35,000 shares of Amplify Snack Brands, inc. stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $10.02, for a total value of $350,700.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Brian Goldberg sold 40,000 shares of Amplify Snack Brands, inc. stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $6.71, for a total transaction of $268,400.00. Following the completion of the transaction, the chief financial officer now directly owns 1,353,866 shares in the company, valued at approximately $9,084,440.86. The disclosure for this sale can be found here. Insiders sold 308,000 shares of company stock valued at $2,839,740 over the last quarter. Corporate insiders own 57.40% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in BETR. Victory Capital Management Inc. raised its position in Amplify Snack Brands, inc. by 17.6% in the second quarter. Victory Capital Management Inc. now owns 11,124 shares of the company’s stock worth $107,000 after buying an additional 1,667 shares in the last quarter. Verition Fund Management LLC purchased a new position in Amplify Snack Brands, inc. during the second quarter worth approximately $119,000. Commerce Bank raised its position in Amplify Snack Brands, inc. by 36.5% in the first quarter. Commerce Bank now owns 16,975 shares of the company’s stock worth $143,000 after buying an additional 4,535 shares in the last quarter. AQR Capital Management LLC purchased a new position in Amplify Snack Brands, inc. during the fourth quarter worth approximately $150,000. Finally, American International Group Inc. raised its position in Amplify Snack Brands, inc. by 7.1% in the first quarter. American International Group Inc. now owns 17,999 shares of the company’s stock worth $151,000 after buying an additional 1,186 shares in the last quarter. 93.15% of the stock is currently owned by institutional investors.

Amplify Snack Brands, inc. Company Profile

Amplify Snack Brands, Inc is a snack food company focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you (BFY) snacks. The Company’s segments are North America and International. The North America and International segments both operate in the snack food category and whose brands and products are offered in the natural and conventional grocery, drug, convenience, food service, club, mass merchandise and other channels.

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