Hostess Brands Inc (NASDAQ:TWNK) has been assigned a consensus rating of “Buy” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $14.14.

A number of research firms recently commented on TWNK. BidaskClub raised shares of Hostess Brands from a “hold” rating to a “buy” rating in a report on Thursday, April 4th. Deutsche Bank raised shares of Hostess Brands from a “hold” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $15.00 in a report on Tuesday, April 2nd. TheStreet raised shares of Hostess Brands from a “c+” rating to a “b-” rating in a report on Monday, March 4th. Finally, Zacks Investment Research raised shares of Hostess Brands from a “sell” rating to a “hold” rating in a report on Friday, January 11th.

Shares of NASDAQ:TWNK traded up $0.01 during mid-day trading on Tuesday, reaching $13.30. The company had a trading volume of 679,800 shares, compared to its average volume of 799,425. The company has a current ratio of 2.12, a quick ratio of 1.85 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $1.69 billion, a PE ratio of 24.63 and a beta of 0.51. Hostess Brands has a one year low of $9.86 and a one year high of $14.70.

Hostess Brands (NASDAQ:TWNK) last posted its quarterly earnings results on Wednesday, February 27th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. The company had revenue of $214.80 million for the quarter, compared to analysts’ expectations of $210.94 million. Hostess Brands had a net margin of 7.40% and a return on equity of 3.65%. Hostess Brands’s revenue was up 9.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.17 EPS. Research analysts predict that Hostess Brands will post 0.63 earnings per share for the current year.

In related 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 transaction, the insider now directly owns 765,059 shares in the company, valued at approximately $9,915,164.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 24.60% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in TWNK. Nuveen Asset Management LLC purchased a new position in Hostess Brands in the 4th quarter valued at approximately $19,300,000. Norges Bank purchased a new position in shares of Hostess Brands during the 4th quarter valued at $11,053,000. Dimensional Fund Advisors LP grew its position 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 purchasing an additional 886,636 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Hostess Brands by 5.5% during the 3rd quarter. Vanguard Group Inc. now owns 8,190,752 shares of the company’s stock valued at $90,671,000 after purchasing an additional 428,147 shares in the last quarter. Finally, Vanguard Group Inc grew its position in shares of Hostess Brands by 5.5% during the 3rd quarter. Vanguard Group Inc now owns 8,190,752 shares of the company’s stock valued at $90,671,000 after purchasing an additional 428,147 shares in the last quarter. Institutional investors and hedge funds 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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