Hostess Brands (NASDAQ:TWNK) Lowered to “F” at TheStreet

TheStreet cut shares of Hostess Brands (NASDAQ:TWNK) from a b rating to a f rating in a research report released on Thursday, TheStreetRatingsTable reports.

A number of other research firms also recently issued reports on TWNK. UBS Group restated a sell rating on shares of in a report on Monday, June 24th. Evercore ISI began coverage on shares of Mondelez International in a research note on Tuesday, June 11th. They issued an outperform rating and a $62.00 target price for the company. Morgan Stanley lifted their target price on shares of WPP from GBX 1,025 ($13.39) to GBX 1,060 ($13.85) and gave the stock an equal weight rating in a research note on Wednesday, July 17th. BidaskClub upgraded shares of Westport Fuel Systems from a hold rating to a buy rating in a research note on Friday, July 12th. Finally, Deutsche Bank upgraded shares of Anglo American to a buy rating in a research note on Tuesday, April 2nd. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $14.50.

NASDAQ TWNK opened at $14.34 on Thursday. Hostess Brands has a 52-week low of $9.86 and a 52-week high of $14.86. The stock’s 50-day moving average is $14.04. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.19 and a quick ratio of 1.91. The stock has a market capitalization of $1.87 billion, a P/E ratio of 26.56 and a beta of 0.55.



Hostess Brands (NASDAQ:TWNK) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.14. Hostess Brands had a net margin of 6.96% and a return on equity of 3.60%. The business had revenue of $222.74 million during the quarter, compared to the consensus estimate of $210.90 million. On average, research analysts predict that Hostess Brands will post 0.62 earnings per share for the current fiscal year.

In other news, Director C. Dean Metropoulos sold 1,834,300 shares of Hostess Brands stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $13.31, for a total value of $24,414,533.00. Following the completion of the transaction, the director now owns 458,939 shares in the company, valued at $6,108,478.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Hostess Cdm Co-Invest, Llc sold 6,165,700 shares of Hostess Brands stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $13.31, for a total transaction of $82,065,467.00. Following the completion of the transaction, the insider now owns 6,165,700 shares of the company’s stock, valued at approximately $82,065,467. The disclosure for this sale can be found here. 24.60% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC grew its stake in Hostess Brands by 16.5% during the fourth quarter. Geode Capital Management LLC now owns 1,145,342 shares of the company’s stock valued at $12,530,000 after acquiring an additional 162,039 shares in the last quarter. Metropolitan Life Insurance Co. NY grew its stake in Hostess Brands by 356.6% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 32,219 shares of the company’s stock valued at $352,000 after acquiring an additional 25,163 shares in the last quarter. Pathlight Investors LLC purchased a new position in Hostess Brands during the fourth quarter valued at approximately $170,000. Nuveen Asset Management LLC purchased a new position in Hostess Brands during the fourth quarter valued at approximately $19,300,000. Finally, Citigroup Inc. grew its stake in Hostess Brands by 32,711.8% during the fourth quarter. Citigroup Inc. now owns 22,312 shares of the company’s stock valued at $244,000 after acquiring an additional 22,244 shares in the last quarter. Hedge funds and other institutional investors own 84.82% 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 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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Analyst Recommendations for Hostess Brands (NASDAQ:TWNK)

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