Analysts expect Amplify Snack Brands, inc. (NYSE:BETR) to announce $98.03 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Amplify Snack Brands, inc.’s earnings. The highest sales estimate is $99.90 million and the lowest is $95.90 million. Amplify Snack Brands, inc. posted sales of $59.87 million during the same quarter last year, which suggests a positive year over year growth rate of 63.7%. The company is scheduled to issue its next earnings results before the market opens on Tuesday, August 8th.

According to Zacks, analysts expect that Amplify Snack Brands, inc. will report full-year sales of $98.03 million for the current year, with estimates ranging from $403.85 million to $407.15 million. For the next year, analysts expect that the business will post sales of $459.67 million per share, with estimates ranging from $452.31 million to $475.40 million. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Amplify Snack Brands, inc..

Amplify Snack Brands, inc. (NYSE:BETR) last posted its quarterly earnings results on Tuesday, May 9th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.01. Amplify Snack Brands, inc. had a net margin of 6.39% and a return on equity of 47.40%. The business had revenue of $87.21 million during the quarter, compared to analysts’ expectations of $87.54 million. During the same quarter in the previous year, the business posted $0.13 EPS. The company’s quarterly revenue was up 60.5% on a year-over-year basis.

Several brokerages recently commented on BETR. Zacks Investment Research cut Amplify Snack Brands, inc. from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. Jefferies Group LLC set a $12.00 price target on Amplify Snack Brands, inc. and gave the company a “buy” rating in a research note on Saturday, July 29th. Finally, TheStreet raised Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. Amplify Snack Brands, inc. currently has an average rating of “Hold” and a consensus price target of $14.61.

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In other Amplify Snack Brands, inc. news, Director Pamela L. Netzky sold 35,000 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $10.02, for a total transaction of $350,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Brian Goldberg sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The stock was sold at an average price of $9.10, for a total value of $364,000.00. Following the sale, the chief financial officer now directly owns 1,473,866 shares of the company’s stock, valued at approximately $13,412,180.60. The disclosure for this sale can be found here. Insiders have sold 268,000 shares of company stock valued at $2,571,340 in the last ninety days. Company insiders own 57.40% of the company’s stock.

A number of large investors have recently made changes to their positions in the company. Teachers Advisors LLC boosted its stake in shares of Amplify Snack Brands, inc. by 0.5% in the fourth quarter. Teachers Advisors LLC now owns 47,333 shares of the company’s stock worth $417,000 after buying an additional 219 shares during the last quarter. American International Group Inc. boosted its stake in shares of Amplify Snack Brands, inc. by 7.1% in the first quarter. American International Group Inc. now owns 17,999 shares of the company’s stock worth $151,000 after buying an additional 1,186 shares during the last quarter. First National Bank of Omaha boosted its stake in shares of Amplify Snack Brands, inc. by 1.3% in the second quarter. First National Bank of Omaha now owns 100,473 shares of the company’s stock worth $969,000 after buying an additional 1,295 shares during the last quarter. First Dallas Securities Inc. boosted its stake in shares of Amplify Snack Brands, inc. by 6.1% in the first quarter. First Dallas Securities Inc. now owns 32,550 shares of the company’s stock worth $274,000 after buying an additional 1,875 shares during the last quarter. Finally, Cambridge Trust Co. boosted its stake in shares of Amplify Snack Brands, inc. by 6.4% in the second quarter. Cambridge Trust Co. now owns 44,340 shares of the company’s stock worth $427,000 after buying an additional 2,653 shares during the last quarter. 93.74% of the stock is owned by hedge funds and other institutional investors.

Amplify Snack Brands, inc. (BETR) opened at 9.76 on Friday. The stock has a market cap of $725.09 million, a price-to-earnings ratio of 38.27 and a beta of 2.04. The company has a 50-day moving average of $9.69 and a 200 day moving average of $9.33. Amplify Snack Brands, inc. has a 12-month low of $7.86 and a 12-month high of $17.53.

Amplify Snack Brands, inc. Company Profile

Amplify Snack Brands, Inc is a snack food company focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you (BFY) snacks. The Company’s segments are North America and International. The North America and International segments both operate in the snack food category and whose brands and products are offered in the natural and conventional grocery, drug, convenience, food service, club, mass merchandise and other channels.

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