Hostess Brands Inc (NASDAQ:TWNK) – Investment analysts at SunTrust Banks decreased their FY2018 earnings per share estimates for shares of Hostess Brands in a research note issued to investors on Wednesday, November 7th. SunTrust Banks analyst W. Chappell now expects that the company will earn $0.52 per share for the year, down from their prior estimate of $0.56. SunTrust Banks currently has a “Hold” rating on the stock. SunTrust Banks also issued estimates for Hostess Brands’ Q4 2018 earnings at $0.15 EPS, Q1 2019 earnings at $0.14 EPS, Q2 2019 earnings at $0.14 EPS, Q3 2019 earnings at $0.13 EPS, Q4 2019 earnings at $0.17 EPS, FY2019 earnings at $0.59 EPS and FY2020 earnings at $0.72 EPS.

Hostess Brands (NASDAQ:TWNK) last posted its quarterly earnings results on Wednesday, November 7th. The company reported $0.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.02). Hostess Brands had a return on equity of 3.76% and a net margin of 27.74%. The firm had revenue of $211.00 million for the quarter, compared to analysts’ expectations of $208.64 million. During the same period last year, the business earned $0.14 earnings per share. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis.

A number of other research firms also recently weighed in on TWNK. BidaskClub downgraded Hostess Brands from a “hold” rating to a “sell” rating in a research note on Friday, August 10th. Citigroup set a $12.00 price target on Hostess Brands and gave the stock a “hold” rating in a research note on Monday. Royal Bank of Canada cut their price target on Hostess Brands from $14.00 to $12.00 and set a “sector perform” rating for the company in a research note on Thursday, November 8th. UBS Group set a $12.00 price target on Hostess Brands and gave the stock a “hold” rating in a research note on Thursday, November 8th. Finally, Zacks Investment Research raised Hostess Brands from a “sell” rating to a “hold” rating in a research note on Thursday, October 18th. Eight investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Hostess Brands presently has an average rating of “Hold” and a consensus price target of $14.78.

TWNK opened at $11.21 on Monday. Hostess Brands has a fifty-two week low of $9.86 and a fifty-two week high of $15.40. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.13 and a quick ratio of 1.85. The stock has a market cap of $1.46 billion, a PE ratio of 17.79 and a beta of 0.28.

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. increased its holdings in shares of Hostess Brands by 2.6% during the 3rd quarter. BlackRock Inc. now owns 6,522,238 shares of the company’s stock valued at $72,201,000 after acquiring an additional 164,402 shares during the last quarter. River Road Asset Management LLC increased its holdings in shares of Hostess Brands by 7.7% during the 3rd quarter. River Road Asset Management LLC now owns 5,886,401 shares of the company’s stock valued at $65,162,000 after acquiring an additional 423,360 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Hostess Brands by 18.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,715,597 shares of the company’s stock valued at $63,272,000 after acquiring an additional 886,636 shares during the last quarter. Channing Capital Management LLC increased its holdings in shares of Hostess Brands by 6.1% during the 2nd quarter. Channing Capital Management LLC now owns 4,061,789 shares of the company’s stock valued at $55,240,000 after acquiring an additional 235,048 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Hostess Brands by 57.1% during the 3rd quarter. Wells Fargo & Company MN now owns 2,622,617 shares of the company’s stock valued at $29,031,000 after acquiring an additional 953,279 shares during the last quarter. 83.96% of the stock is currently owned by institutional investors and hedge funds.

About Hostess Brands

Hostess Brands, Inc, a packaged food company, develops, manufactures, markets, sells, and distributes fresh sweet baked goods in the United States. It primarily offer coffee cakes, cinnamon rolls, honey buns, brownies, bread and buns, jumbo muffins, and eclairs under the Twinkies, CupCakes, Ding Dongs, Zingers, HoHos, Donettes, Dolly Madison, and Superior on Main brands.

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Earnings History and Estimates for Hostess Brands (NASDAQ:TWNK)

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