Brokerages predict that Hostess Brands Inc (NASDAQ:TWNK) will post earnings of $0.14 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Hostess Brands’ earnings. The highest EPS estimate is $0.16 and the lowest is $0.11. Hostess Brands posted earnings of $0.17 per share in the same quarter last year, which suggests a negative year over year growth rate of 17.6%. The business is scheduled to report its next quarterly earnings results on Wednesday, February 27th.

On average, analysts expect that Hostess Brands will report full year earnings of $0.52 per share for the current fiscal year, with EPS estimates ranging from $0.51 to $0.53. For the next financial year, analysts expect that the firm will post earnings of $0.64 per share, with EPS estimates ranging from $0.59 to $0.67. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for Hostess Brands.

A number of research analysts have recently weighed in on the company. Zacks Investment Research downgraded Hostess Brands from a “hold” rating to a “sell” rating in a report on Saturday, November 17th. BidaskClub downgraded Hostess Brands from a “buy” rating to a “hold” rating in a report on Friday, January 25th. Finally, Royal Bank of Canada lowered their price target on Hostess Brands from $14.00 to $12.00 and set a “sector perform” rating on the stock in a report on Thursday, November 8th. Eight equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $14.11.

Hedge funds have recently modified their holdings of the company. Quantamental Technologies LLC purchased a new position in Hostess Brands in the fourth quarter valued at about $36,000. PNC Financial Services Group Inc. grew its stake in Hostess Brands by 63.7% in the fourth 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 in the last quarter. Mackenzie Financial Corp purchased a new position in Hostess Brands in the fourth quarter valued at about $118,000. Stevens Capital Management LP purchased a new position in Hostess Brands in the third quarter valued at about $156,000. Finally, State Board of Administration of Florida Retirement System purchased a new position in Hostess Brands in the third quarter valued at about $170,000. Institutional investors and hedge funds own 85.15% of the company’s stock.

Shares of TWNK stock opened at $11.59 on Friday. Hostess Brands has a 1-year low of $9.86 and a 1-year high of $14.98. The company has a current ratio of 2.13, a quick ratio of 1.85 and a debt-to-equity ratio of 0.64. The firm has a market cap of $1.51 billion, a PE ratio of 18.40 and a beta of 0.49.

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.

See Also: How to Profit and Limit Losses With Stop Orders

Get a free copy of the Zacks research report on Hostess Brands (TWNK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.