BidaskClub lowered shares of Hostess Brands (NASDAQ:TWNK) from a sell rating to a strong sell rating in a report issued on Saturday.

Several other research firms have also commented on TWNK. Royal Bank of Canada restated a buy rating and issued a $18.00 price target on shares of Hostess Brands in a report on Friday, December 22nd. Zacks Investment Research raised shares of Hostess Brands from a hold rating to a buy rating and set a $16.00 price objective for the company in a research report on Saturday, January 20th. SunTrust Banks increased their price objective on shares of Hostess Brands to $20.00 and gave the company a buy rating in a research report on Monday, December 18th. They noted that the move was a valuation call. JPMorgan Chase & Co. assumed coverage on shares of Hostess Brands in a research report on Wednesday, October 11th. They issued a neutral rating and a $15.00 price objective for the company. Finally, UBS Group downgraded shares of Hostess Brands from a neutral rating to a sell rating and lowered their price objective for the company from $16.00 to $11.00 in a research report on Friday, October 13th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $16.78.

Hostess Brands (TWNK) opened at $13.24 on Friday. Hostess Brands has a 1-year low of $11.00 and a 1-year high of $17.18. The company has a quick ratio of 1.88, a current ratio of 2.18 and a debt-to-equity ratio of 0.77.

Hostess Brands (NASDAQ:TWNK) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.01. Hostess Brands had a net margin of 2.58% and a return on equity of 1.16%. The firm had revenue of $192.30 million for the quarter, compared to analyst estimates of $198.42 million. The company’s revenue was down 2.0% compared to the same quarter last year. analysts expect that Hostess Brands will post 0.61 EPS for the current year.

In related news, CEO William Douglas Toler purchased 50,000 shares of the firm’s stock in a transaction dated Friday, November 24th. The stock was acquired 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 owns 250,000 shares of the company’s stock, valued at $3,220,000. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Neil P. Defeo purchased 10,000 shares of the firm’s stock in a transaction dated Friday, November 24th. The shares were bought at an average cost of $12.96 per share, with a total value of $129,600.00. Following the transaction, the director now directly owns 16,482 shares of the company’s stock, valued at approximately $213,606.72. The disclosure for this purchase can be found here. 25.50% of the stock is owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in the company. Janus Henderson Group PLC grew its position in shares of 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 in the last quarter. Vanguard Group Inc. grew its position in shares of 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 in the last quarter. Dimensional Fund Advisors LP grew its position in shares of 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 in the last quarter. Westwood Holdings Group Inc. acquired a new stake in shares of Hostess Brands during the second quarter worth approximately $27,074,000. Finally, Channing Capital Management LLC acquired a new stake in shares of Hostess Brands during the third quarter worth approximately $18,584,000. 77.08% of the stock is owned by institutional investors and hedge funds.

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Hostess Brands Company Profile

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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