News headlines about Hostess Brands (NASDAQ:TWNK) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hostess Brands earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.7798256899331 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Hostess Brands (NASDAQ:TWNK) traded up 0.63% during midday trading on Tuesday, hitting $15.91. 595,783 shares of the stock traded hands. The firm has a 50-day moving average price of $16.20 and a 200-day moving average price of $15.28. Hostess Brands has a 52 week low of $10.15 and a 52 week high of $17.18. The stock’s market capitalization is $1.59 billion.
Hostess Brands (NASDAQ:TWNK) last released its quarterly earnings data on Tuesday, May 9th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.01. The firm had revenue of $184.54 million for the quarter, compared to the consensus estimate of $181.79 million. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.08 EPS. On average, equities analysts predict that Hostess Brands will post $0.64 earnings per share for the current fiscal year.
Several equities research analysts have commented on TWNK shares. Zacks Investment Research raised shares of Hostess Brands from a “sell” rating to a “hold” rating in a research note on Thursday, April 27th. BidaskClub raised shares of Hostess Brands from a “hold” rating to a “buy” rating in a research note on Friday, June 9th. Deutsche Bank AG set a $19.00 target price on shares of Hostess Brands and gave the company a “buy” rating in a research note on Wednesday, May 10th. Finally, Stephens started coverage on shares of Hostess Brands in a research note on Tuesday, May 16th. They issued an “overweight” rating and a $20.00 target price for the company. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $18.20.
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In other Hostess Brands news, insider William Douglas Toler purchased 50,000 shares of the firm’s stock in a transaction on Wednesday, May 31st. The stock was acquired at an average price of $15.85 per share, for a total transaction of $792,500.00. Following the purchase, the insider now owns 485,000 shares of the company’s stock, valued at approximately $7,687,250. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Cdm Hostess Class C, Llc sold 600,000 shares of the business’s stock in a transaction on Wednesday, April 19th. The shares were sold at an average price of $15.25, for a total transaction of $9,150,000.00. Following the sale, the insider now owns 521,739 shares of the company’s stock, valued at approximately $7,956,519.75. The disclosure for this sale can be found here. Insiders have sold a total of 2,306,211 shares of company stock valued at $36,107,924 in the last 90 days. 25.50% of the stock is currently owned by company insiders.
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