Shares of Hostess Brands, Inc. (NASDAQ:TWNK) have earned an average recommendation of “Buy” from the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $16.14.

A number of analysts have recently commented on the company. Zacks Investment Research lowered Hostess Brands from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Morgan Stanley cut their price target on Hostess Brands from $14.00 to $12.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Royal Bank Of Canada restated a “buy” rating and issued a $16.00 price target on shares of Hostess Brands in a report on Wednesday, October 25th. UBS lowered Hostess Brands from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $16.00 to $11.00 in a report on Friday, October 13th. Finally, J P Morgan Chase & Co initiated coverage on Hostess Brands in a report on Wednesday, October 11th. They set a “neutral” rating and a $15.00 target price on the stock.

Shares of Hostess Brands (NASDAQ:TWNK) traded up $0.05 during trading on Friday, hitting $14.06. The stock had a trading volume of 1,171,800 shares, compared to its average volume of 1,402,104. Hostess Brands has a 12 month low of $11.00 and a 12 month high of $17.18. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.88 and a current ratio of 2.18.

Hostess Brands (NASDAQ:TWNK) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $192.30 million for the quarter, compared to analyst estimates of $198.42 million. Hostess Brands had a return on equity of 1.16% and a net margin of 2.58%. Hostess Brands’s revenue for the quarter was down 2.0% on a year-over-year basis. analysts predict that Hostess Brands will post 0.6 earnings per share for the current fiscal year.

In other Hostess Brands news, CEO William Douglas Toler purchased 50,000 shares of the stock in a transaction on Friday, November 24th. The shares were purchased at an average price of $12.88 per share, with a total value 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 $3,220,000. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Neil P. Defeo purchased 10,000 shares of the stock in a transaction on Friday, November 24th. The shares were acquired at an average cost of $12.96 per share, for a total transaction of $129,600.00. Following the transaction, the director now owns 16,482 shares of the company’s stock, valued at $213,606.72. The disclosure for this purchase can be found here. Corporate insiders own 25.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Janus Henderson Group PLC increased its position in Hostess Brands by 31.3% during the third quarter. Janus Henderson Group PLC now owns 9,704,630 shares of the company’s stock worth $132,565,000 after buying an additional 2,316,041 shares during the last quarter. Vanguard Group Inc. increased its position in Hostess Brands by 56.9% during the second quarter. Vanguard Group Inc. now owns 6,695,119 shares of the company’s stock worth $107,791,000 after buying an additional 2,428,469 shares during the last quarter. Victory Capital Management Inc. increased its position in Hostess Brands by 61.8% during the second quarter. Victory Capital Management Inc. now owns 6,264,825 shares of the company’s stock worth $100,863,000 after buying an additional 2,393,253 shares during the last quarter. Franklin Resources Inc. acquired a new position in Hostess Brands during the second quarter worth approximately $87,922,000. Finally, Dimensional Fund Advisors LP increased its position in Hostess Brands by 112.0% during the third quarter. Dimensional Fund Advisors LP now owns 2,122,205 shares of the company’s stock worth $28,989,000 after buying an additional 1,121,008 shares during the last quarter. 78.59% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Hostess Brands (NASDAQ:TWNK)

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