Wall Street analysts predict that Hostess Brands Inc (NASDAQ:TWNK) will announce sales of $213.87 million for the current quarter, according to Zacks. Three analysts have made estimates for Hostess Brands’ earnings, with estimates ranging from $211.30 million to $216.02 million. Hostess Brands reported sales of $214.82 million during the same quarter last year, which would suggest a negative year over year growth rate of 0.4%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, February 26th.

According to Zacks, analysts expect that Hostess Brands will report full year sales of $906.11 million for the current fiscal year, with estimates ranging from $902.30 million to $909.79 million. For the next year, analysts forecast that the company will report sales of $950.58 million, with estimates ranging from $893.00 million to $1.01 billion. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow Hostess Brands.

Hostess Brands (NASDAQ:TWNK) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. The firm had revenue of $227.21 million during the quarter, compared to analyst estimates of $212.80 million. Hostess Brands had a return on equity of 4.19% and a net margin of 5.88%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the company posted $0.10 EPS.

A number of brokerages have issued reports on TWNK. Jefferies Financial Group began coverage on Hostess Brands in a research note on Wednesday. They set a “buy” rating and a $17.00 price target for the company. Morgan Stanley increased their price target on Hostess Brands from $14.00 to $15.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Hostess Brands in a research note on Tuesday, December 3rd. Zacks Investment Research raised Hostess Brands from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Friday, January 10th. Finally, BidaskClub lowered Hostess Brands from a “hold” rating to a “sell” rating in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $15.89.

NASDAQ TWNK traded up $0.14 on Friday, reaching $13.96. 1,419,645 shares of the stock traded hands, compared to its average volume of 859,019. The firm’s fifty day simple moving average is $14.22 and its 200 day simple moving average is $13.91. The company has a quick ratio of 2.49, a current ratio of 2.73 and a debt-to-equity ratio of 0.62. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 27.92 and a beta of 0.56. Hostess Brands has a 12 month low of $11.04 and a 12 month high of $14.86.

In other news, insider Hostess Cdm Co-Invest, Llc sold 500,000 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $14.06, for a total transaction of $7,030,000.00. Following the completion of the sale, the insider now directly owns 500,000 shares of the company’s stock, valued at approximately $7,030,000. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 1,128,913 shares of company stock valued at $16,017,870. Corporate insiders own 24.60% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Maverick Capital Ltd. boosted its stake in shares of Hostess Brands by 2,699.3% during the 2nd quarter. Maverick Capital Ltd. now owns 267,610 shares of the company’s stock worth $3,864,000 after acquiring an additional 258,050 shares in the last quarter. California Public Employees Retirement System boosted its position in shares of Hostess Brands by 73.7% in the third quarter. California Public Employees Retirement System now owns 205,178 shares of the company’s stock worth $2,869,000 after buying an additional 87,053 shares during the period. Barclays PLC boosted its position in shares of Hostess Brands by 92.8% in the third quarter. Barclays PLC now owns 231,663 shares of the company’s stock worth $3,241,000 after buying an additional 111,531 shares during the period. Victory Capital Management Inc. boosted its position in shares of Hostess Brands by 66.1% in the second quarter. Victory Capital Management Inc. now owns 4,471,474 shares of the company’s stock worth $64,568,000 after buying an additional 1,780,147 shares during the period. Finally, Jefferies Group LLC boosted its position in shares of Hostess Brands by 96.4% in the second quarter. Jefferies Group LLC now owns 137,507 shares of the company’s stock worth $1,986,000 after buying an additional 67,507 shares during the period.

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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