Hostess Brands, Inc. (NASDAQ:TWNK) insider Cdm Hostess Class C, Llc sold 31,685 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $15.30, for a total value of $484,780.50. Following the completion of the sale, the insider now directly owns 31,685 shares of the company’s stock, valued at approximately $484,780.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Hostess Brands, Inc. (TWNK) traded up $0.15 during trading on Thursday, hitting $15.13. The stock had a trading volume of 1,024,942 shares, compared to its average volume of 1,389,439. 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, Inc. has a twelve month low of $11.00 and a twelve month high of $17.18.
Hostess Brands (NASDAQ:TWNK) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The business 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%. The firm’s revenue was down 2.0% compared to the same quarter last year. analysts anticipate that Hostess Brands, Inc. will post 0.6 EPS for the current year.
TWNK has been the subject of a number of analyst reports. Zacks Investment Research raised Hostess Brands from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. UBS lowered Hostess Brands from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $16.00 to $11.00 in a research note on Friday, October 13th. Royal Bank of Canada began coverage on Hostess Brands in a research note on Monday, September 18th. They issued an “outperform” rating and a $16.00 price objective on the stock. SunTrust Banks lifted their price objective on Hostess Brands to $20.00 and gave the stock a “buy” rating in a research note on Monday. They noted that the move was a valuation call. Finally, J P Morgan Chase & Co began coverage on Hostess Brands in a research note on Wednesday, October 11th. They issued a “neutral” rating and a $15.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $16.67.
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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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