Hostess Brands (NASDAQ:TWNK) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Friday.

A number of other equities research analysts have also recently weighed in on TWNK. Zacks Investment Research raised shares of Hostess Brands from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Morgan Stanley started coverage on shares of Hostess Brands in a research report on Monday, September 25th. They issued an “equal weight” rating and a $14.00 price target for the company. Royal Bank of Canada reaffirmed a “buy” rating and issued a $16.00 target price on shares of Hostess Brands in a report on Wednesday, October 25th. JPMorgan Chase & Co. started coverage on shares of Hostess Brands in a report on Wednesday, October 11th. They issued a “neutral” rating and a $15.00 target price for the company. Finally, UBS Group cut shares of Hostess Brands from a “neutral” rating to a “sell” rating and reduced their target price for the company from $16.00 to $11.00 in a report on Friday, October 13th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $16.78.

Shares of Hostess Brands (NASDAQ TWNK) opened at $14.66 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 announced its quarterly earnings results on Wednesday, November 8th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $198.42 million. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. sell-side analysts forecast that Hostess Brands will post 0.61 EPS for the current fiscal year.

In other news, insider Cdm Hostess Class C, Llc sold 25,752 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $15.30, for a total transaction of $394,005.60. Following the transaction, the insider now directly owns 25,752 shares in the company, valued at $394,005.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Neil P. Defeo purchased 10,000 shares of the company’s stock in a transaction dated Friday, November 24th. The shares were purchased at an average price of $12.96 per share, for a total transaction of $129,600.00. Following the completion of the purchase, the director now owns 16,482 shares of the company’s stock, valued at $213,606.72. The disclosure for this purchase can be found here. 25.50% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of the company. Janus Henderson Group PLC increased its stake 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 acquiring an additional 2,316,041 shares during the period. Vanguard Group Inc. increased its stake 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 acquiring an additional 2,428,469 shares during the period. Dimensional Fund Advisors LP increased its stake 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 acquiring an additional 1,121,008 shares during the period. Westwood Holdings Group Inc. acquired a new position in shares of Hostess Brands during the second quarter worth about $27,074,000. Finally, Ameriprise Financial Inc. increased its stake in shares of Hostess Brands by 352.8% during the second quarter. Ameriprise Financial Inc. now owns 1,553,378 shares of the company’s stock worth $25,010,000 after acquiring an additional 1,210,352 shares during the period. Institutional investors and hedge funds own 78.60% of the company’s stock.

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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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