Brokerages expect Hostess Brands Inc (NASDAQ:TWNK) to announce $210.64 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Hostess Brands’ earnings. The lowest sales estimate is $208.54 million and the highest is $214.20 million. Hostess Brands reported sales of $196.22 million in the same quarter last year, which indicates a positive year-over-year growth rate of 7.3%. The business is scheduled to issue its next earnings results on Wednesday, February 27th.

On average, analysts expect that Hostess Brands will report full year sales of $846.35 million for the current fiscal year, with estimates ranging from $844.12 million to $849.80 million. For the next fiscal year, analysts expect that the company will report sales of $871.71 million, with estimates ranging from $858.00 million to $888.38 million. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Hostess Brands.

Hostess Brands (NASDAQ:TWNK) last posted its earnings results on Wednesday, November 7th. The company reported $0.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.02). The business had revenue of $211.00 million during the quarter, compared to the consensus estimate of $208.64 million. Hostess Brands had a net margin of 27.74% and a return on equity of 3.76%. The business’s revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 EPS.

TWNK has been the topic of a number of research reports. Zacks Investment Research lowered shares of Hostess Brands from a “hold” rating to a “sell” rating in a research report on Thursday, September 6th. BidaskClub lowered shares of Hostess Brands from a “hold” rating to a “sell” rating in a research report on Friday, September 21st. Citigroup set a $12.00 target price on shares of Hostess Brands and gave the stock a “hold” rating in a research report on Monday, November 12th. UBS Group set a $12.00 target price on shares of Hostess Brands and gave the stock a “hold” rating in a research report on Thursday, November 8th. Finally, Royal Bank of Canada reduced their target price on shares of Hostess Brands from $14.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 8th. One analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $14.70.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Hostess Brands by 5.5% during the third quarter. Vanguard Group Inc. now owns 8,190,752 shares of the company’s stock worth $90,671,000 after buying an additional 428,147 shares during the last quarter. BlackRock Inc. increased its stake in Hostess Brands by 2.6% in the third quarter. BlackRock Inc. now owns 6,522,238 shares of the company’s stock valued at $72,201,000 after purchasing an additional 164,402 shares in the last quarter. River Road Asset Management LLC increased its stake in Hostess Brands by 7.7% in the third quarter. River Road Asset Management LLC now owns 5,886,401 shares of the company’s stock valued at $65,162,000 after purchasing an additional 423,360 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Hostess Brands by 18.4% in the third quarter. Dimensional Fund Advisors LP now owns 5,715,597 shares of the company’s stock valued at $63,272,000 after purchasing an additional 886,636 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Hostess Brands by 57.1% in the third quarter. Wells Fargo & Company MN now owns 2,622,617 shares of the company’s stock valued at $29,031,000 after purchasing an additional 953,279 shares in the last quarter. 85.15% of the stock is owned by institutional investors and hedge funds.

NASDAQ:TWNK traded down $0.17 on Monday, reaching $11.71. The stock had a trading volume of 1,238,913 shares, compared to its average volume of 721,417. Hostess Brands has a 1-year low of $9.86 and a 1-year high of $15.40. The firm has a market cap of $1.55 billion, a PE ratio of 18.59 and a beta of 0.34. The company has a quick ratio of 1.85, a current ratio of 2.13 and a debt-to-equity ratio of 0.64.

Hostess Brands Company Profile

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.

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Earnings History and Estimates for Hostess Brands (NASDAQ:TWNK)

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