Equities analysts expect Amplify Snack Brands, inc. (NYSE:BETR) to report earnings of $0.09 per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Amplify Snack Brands, inc.’s earnings, with the highest EPS estimate coming in at $0.10 and the lowest estimate coming in at $0.07. Amplify Snack Brands, inc. reported 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 firm is scheduled to issue its next earnings results on Monday, November 13th.

According to Zacks, analysts expect that Amplify Snack Brands, inc. will report full year earnings of $0.35 per share for the current 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 analysts that cover Amplify Snack Brands, inc..

Amplify Snack Brands, inc. (NYSE:BETR) last released its earnings results on Tuesday, August 8th. The company reported $0.08 EPS for the quarter, hitting the Thomson Reuters’ 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 company had revenue of $101 million during the quarter, compared to analysts’ expectations of $98.99 million. During the same quarter last year, the business earned $0.15 EPS. The business’s revenue was up 68.6% on a year-over-year basis.

BETR has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Amplify Snack Brands, inc. from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a report on Thursday, July 13th. Wedbush restated a “hold” rating on shares of Amplify Snack Brands, inc. in a report on Tuesday, August 8th. Jefferies Group LLC set a $12.00 target price on Amplify Snack Brands, inc. and gave the stock a “buy” rating in a report on Saturday, July 29th. BidaskClub upgraded Amplify Snack Brands, inc. from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Finally, TheStreet upgraded Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a report on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.25.

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In other news, CEO Thomas C. Ennis sold 50,000 shares of the firm’s stock in a transaction dated Thursday, July 13th. The stock was sold at an average price of $9.70, for a total transaction of $485,000.00. Following the sale, the chief executive officer now owns 2,930,952 shares of the company’s stock, valued at $28,430,234.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Brian Goldberg sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $6.71, for a total value of $268,400.00. Following the sale, 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. In the last ninety days, insiders have sold 268,000 shares of company stock worth $2,475,740. 57.40% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its position in shares of Amplify Snack Brands, inc. by 17.6% during the second quarter. Victory Capital Management Inc. now owns 11,124 shares of the company’s stock worth $107,000 after purchasing an additional 1,667 shares during the period. Verition Fund Management LLC acquired a new stake in shares of Amplify Snack Brands, inc. during the second quarter worth about $119,000. Commerce Bank raised its position in shares of Amplify Snack Brands, inc. by 36.5% during the first quarter. Commerce Bank now owns 16,975 shares of the company’s stock worth $143,000 after purchasing an additional 4,535 shares during the period. American International Group Inc. raised its position in shares of Amplify Snack Brands, inc. by 7.1% during the first quarter. American International Group Inc. now owns 17,999 shares of the company’s stock worth $151,000 after purchasing an additional 1,186 shares during the period. Finally, Nationwide Fund Advisors raised its position in shares of Amplify Snack Brands, inc. by 8.3% during the second quarter. Nationwide Fund Advisors now owns 18,094 shares of the company’s stock worth $174,000 after purchasing an additional 1,391 shares during the period. 95.86% of the stock is currently owned by institutional investors.

Amplify Snack Brands, inc. (NYSE BETR) traded down 0.82% during mid-day trading on Friday, hitting $7.28. 297,674 shares of the stock traded hands. Amplify Snack Brands, inc. has a 1-year low of $6.09 and a 1-year high of $17.00. The stock has a 50-day moving average of $8.16 and a 200 day moving average of $8.81. The firm has a market cap of $558.82 million, a price-to-earnings ratio of 52.37 and a beta of 2.18.

About Amplify Snack Brands, inc.

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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