Hostess Brands Inc (NASDAQ:TWNK) has received an average rating of “Buy” from the twelve research firms that are covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $14.14.

TWNK has been the subject of several recent analyst reports. BidaskClub raised shares of Hostess Brands from a “hold” rating to a “buy” rating in a research note on Thursday, April 4th. Deutsche Bank raised shares of Hostess Brands from a “hold” rating to a “buy” rating and lifted their target price for the stock from $12.00 to $15.00 in a research note on Tuesday, April 2nd. TheStreet raised shares of Hostess Brands from a “c+” rating to a “b-” rating in a research note on Monday, March 4th. Finally, Zacks Investment Research raised shares of Hostess Brands from a “sell” rating to a “hold” rating in a research note on Friday, February 8th.

Shares of TWNK traded down $0.03 during mid-day trading on Tuesday, reaching $12.98. 326,721 shares of the company’s stock were exchanged, compared to its average volume of 914,269. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.12 and a quick ratio of 1.85. Hostess Brands has a 52-week low of $9.86 and a 52-week high of $14.88. The stock has a market cap of $1.69 billion, a price-to-earnings ratio of 24.04 and a beta of 0.51.

Hostess Brands (NASDAQ:TWNK) last issued its quarterly earnings data on Wednesday, February 27th. The company reported $0.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.03. Hostess Brands had a net margin of 7.40% and a return on equity of 3.65%. The business had revenue of $214.80 million during the quarter, compared to analysts’ expectations of $210.94 million. During the same period last year, the company posted $0.17 EPS. The company’s revenue was up 9.5% on a year-over-year basis. On average, equities analysts expect that Hostess Brands will post 0.63 earnings per share for the current fiscal year.

In other Hostess Brands news, insider Hostess Cdm Co-Invest, Llc sold 1,174,376 shares of Hostess Brands stock in a transaction that occurred on Wednesday, April 3rd. The shares were sold at an average price of $12.96, for a total value of $15,219,912.96. Following the completion of the sale, the insider now directly owns 765,059 shares of the company’s stock, valued at approximately $9,915,164.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 24.60% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Quantamental Technologies LLC acquired a new position in shares of Hostess Brands in the 4th quarter valued at $36,000. PNC Financial Services Group Inc. boosted its holdings in shares of Hostess Brands by 63.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,371 shares of the company’s stock valued at $70,000 after purchasing an additional 2,479 shares during the last quarter. O Brien Greene & Co. Inc acquired a new position in shares of Hostess Brands in the 4th quarter valued at $109,000. Mackenzie Financial Corp acquired a new position in shares of Hostess Brands in the 4th quarter valued at $118,000. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of Hostess Brands by 132.2% in the 4th quarter. Great West Life Assurance Co. Can now owns 11,145 shares of the company’s stock valued at $118,000 after purchasing an additional 6,345 shares during the last quarter. Institutional investors own 84.10% of the company’s stock.

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 a range of snack cakes, donuts, sweet rolls, breakfast pastries, snack pies, and related products. The company operates in two segments, Sweet Baked Goods and In-Store Bakery.

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Analyst Recommendations for Hostess Brands (NASDAQ:TWNK)

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