Equities analysts forecast that Amplify Snack Brands, inc. (NYSE:BETR) will announce earnings of $0.08 per share for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for Amplify Snack Brands, inc.’s earnings. The lowest EPS estimate is $0.07 and the highest is $0.10. Amplify Snack Brands, inc. reported earnings of $0.12 per share in the same quarter last year, which indicates a negative year over year growth rate of 33.3%. The company is scheduled to report its next quarterly earnings report after the market closes on Tuesday, November 7th.

According to Zacks, 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 year, analysts anticipate that the company will post earnings of $0.49 per share, with EPS estimates ranging from $0.37 to $0.71. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Amplify Snack Brands, inc..

Amplify Snack Brands, inc. (NYSE:BETR) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $0.08 EPS for the quarter, meeting 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 firm had revenue of $101.00 million during the quarter, compared to analyst estimates of $98.99 million. During the same quarter last year, the business posted $0.15 EPS. The company’s revenue for the quarter was up 68.6% on a year-over-year basis.

A number of research firms have weighed in on BETR. Zacks Investment Research lowered shares of Amplify Snack Brands, inc. from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. Jefferies Group LLC set a $12.00 target price on shares of Amplify Snack Brands, inc. and gave the stock a “buy” rating in a research report on Saturday, July 29th. TheStreet upgraded shares of Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a research report on Wednesday, August 2nd. Wedbush reiterated a “hold” rating on shares of Amplify Snack Brands, inc. in a research report on Tuesday, August 8th. Finally, BidaskClub lowered shares of Amplify Snack Brands, inc. from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $9.90.

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In other Amplify Snack Brands, inc. news, insider Brian Goldberg sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $7.01, for a total transaction of $280,400.00. Following the completion of the transaction, the insider now directly owns 1,313,866 shares of the company’s stock, valued at approximately $9,210,200.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 57.40% of the stock is owned by company insiders.

Several large investors have recently bought and sold shares of BETR. Teachers Advisors LLC increased its holdings in shares of Amplify Snack Brands, inc. by 0.5% during the 4th quarter. Teachers Advisors LLC now owns 47,333 shares of the company’s stock valued at $417,000 after purchasing an additional 219 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in Amplify Snack Brands, inc. in the 1st quarter worth $765,000. Wells Fargo & Company MN increased its holdings in Amplify Snack Brands, inc. by 11.1% in the 1st quarter. Wells Fargo & Company MN now owns 77,917 shares of the company’s stock worth $654,000 after acquiring an additional 7,766 shares in the last quarter. US Bancorp DE increased its holdings in Amplify Snack Brands, inc. by 85.3% in the 1st quarter. US Bancorp DE now owns 23,480 shares of the company’s stock worth $197,000 after acquiring an additional 10,808 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Amplify Snack Brands, inc. by 38.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 60,920 shares of the company’s stock worth $511,000 after acquiring an additional 17,073 shares in the last quarter. 95.86% of the stock is owned by hedge funds and other institutional investors.

Amplify Snack Brands, inc. (NYSE:BETR) traded up 0.81% on Monday, hitting $7.46. 236,541 shares of the stock were exchanged. The stock has a market cap of $557.55 million, a price-to-earnings ratio of 49.40 and a beta of 2.17. The company has a 50-day moving average of $7.20 and a 200-day moving average of $7.20. Amplify Snack Brands, inc. has a 12 month low of $6.09 and a 12 month high of $15.76.

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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