Media coverage about Hostess Brands (NASDAQ:TWNK) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hostess Brands earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.6382974675057 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- FY2017 Earnings Forecast for Hostess Brands (TWNK) Issued By SunTrust Banks (americanbankingnews.com)
- Edited Transcript of TWNK earnings conference call or presentation 8-Nov-17 9:30pm GMT (finance.yahoo.com)
- Why Macy's, Hostess Brands, and Perrigo Jumped Today (finance.yahoo.com)
- Why Hostess Brands, Inc. Stock Popped on Thursday (finance.yahoo.com)
- Q3 2018 Earnings Forecast for Hostess Brands Issued By SunTrust Banks (TWNK) (americanbankingnews.com)
Several research firms recently commented on TWNK. Morgan Stanley reduced their price target on shares of Hostess Brands from $14.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Thursday, November 9th. Royal Bank Of Canada reissued a “buy” rating and set a $16.00 target price on shares of Hostess Brands in a research report on Wednesday, October 25th. Zacks Investment Research raised shares of Hostess Brands from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. UBS AG downgraded shares of Hostess Brands from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $16.00 to $11.00 in a research report on Friday, October 13th. Finally, J P Morgan Chase & Co assumed coverage on shares of Hostess Brands in a research report on Wednesday, October 11th. They issued a “neutral” rating and a $15.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $16.25.
Shares of Hostess Brands (NASDAQ TWNK) opened at $12.64 on Tuesday. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.18 and a quick ratio of 1.88. Hostess Brands has a 1-year low of $11.00 and a 1-year high of $17.18.
Hostess Brands (NASDAQ:TWNK) last released its earnings results on Wednesday, November 8th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.01. The business had revenue of $192.30 million during the quarter, compared to analyst estimates of $198.42 million. Hostess Brands had a net margin of 2.58% and a return on equity of 1.16%. The business’s revenue was down 2.0% compared to the same quarter last year. sell-side analysts forecast that Hostess Brands will post 0.6 EPS for the current fiscal year.
Hostess Brands Company Profile
Hostess Brands, Inc, a packaged food company, focuses on developing, manufacturing, marketing, selling, and distributing fresh sweet baked goods in the United States. The company operates in two segments, Sweet Baked Goods and Other. Its principal product lines include Twinkies, Zingers, Donettes, coffee cakes, cupcakes, cinnamon rolls, Ding Dongs, honey buns, fruit pies, Sno Balls, mini muffins, Chocodiles, Ho Hos, brownies, Suzy Qs, bread and buns, danishes, jumbo muffins, iced cookies, eclairs, and madeleines.
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