BidaskClub cut shares of Hostess Brands (NASDAQ:TWNK) from a hold rating to a sell rating in a report published on Friday.

Other equities research analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Hostess Brands from a hold rating to a sell rating in a research note on Thursday, September 6th. Royal Bank of Canada lowered shares of Hostess Brands from an outperform rating to a sector perform rating in a research note on Wednesday, August 8th. Finally, SunTrust Banks lowered shares of Hostess Brands from a buy rating to a hold rating in a research note on Wednesday, August 8th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Hostess Brands has a consensus rating of Hold and an average target price of $15.67.

Shares of TWNK stock opened at $11.68 on Friday. The company has a quick ratio of 1.75, a current ratio of 2.03 and a debt-to-equity ratio of 0.64. Hostess Brands has a 12-month low of $11.00 and a 12-month high of $15.40. The company has a market cap of $1.52 billion, a PE ratio of 18.54 and a beta of -0.09.

Hostess Brands (NASDAQ:TWNK) last issued its quarterly earnings results on Tuesday, August 7th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.04). Hostess Brands had a return on equity of 3.87% and a net margin of 28.58%. The company had revenue of $215.85 million for the quarter, compared to analysts’ expectations of $219.50 million. equities analysts forecast that Hostess Brands will post 0.55 earnings per share for the current fiscal year.

In other Hostess Brands news, Director Larry E. Bodner acquired 10,000 shares of Hostess Brands stock in a transaction that occurred on Tuesday, August 14th. The stock was acquired at an average cost of $11.93 per share, for a total transaction of $119,300.00. Following the purchase, the director now owns 26,609 shares of the company’s stock, valued at $317,445.37. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Andrew Wilson Jacobs acquired 8,275 shares of Hostess Brands stock in a transaction that occurred on Friday, August 10th. The stock was acquired at an average price of $12.15 per share, with a total value of $100,541.25. Following the completion of the purchase, the insider now directly owns 27,209 shares in the company, valued at approximately $330,589.35. The disclosure for this purchase can be found here. 24.60% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the stock. Sun Life Financial INC purchased a new position in shares of Hostess Brands during the 2nd quarter valued at $110,000. Country Club Trust Company n.a. purchased a new position in shares of Hostess Brands during the 2nd quarter valued at $144,000. SG Americas Securities LLC purchased a new position in shares of Hostess Brands during the 2nd quarter valued at $181,000. Diversified Trust Co purchased a new position in shares of Hostess Brands during the 2nd quarter valued at $192,000. Finally, Verition Fund Management LLC purchased a new position in shares of Hostess Brands during the 2nd quarter valued at $208,000. Institutional investors and hedge funds own 84.97% 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 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.

Featured Article: Penny Stocks, What You Need To Know

Analyst Recommendations for Hostess Brands (NASDAQ:TWNK)

Receive News & Ratings for Hostess Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hostess Brands and related companies with MarketBeat.com's FREE daily email newsletter.