|Bid||14.43 x 1000|
|Ask||14.44 x 900|
|Day's Range||14.40 - 14.60|
|52 Week Range||9.86 - 14.86|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||24.61|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.25|
, maker of Ho-Hos, Ding Dongs, and Twinkies, found a sweet spot Monday, climbing 2.8% to $14.28, after an UBS analyst upgraded the snack company to buy from neutral. Analyst Steven Strycula also raised his price target on the Kansas City, Missouri-based company to $17 from $14. Last year, Hostess acquired the Cloverhill bakery on Chicago's Northwest Side from Aryzta for an undisclosed sum.
(Bloomberg) -- Hostess Brands -- the maker of Twinkies and Ding Dongs -- has had a sweet time so far this month, gaining three new buy ratings from Wall Street as its shares have risen to the highest level this year.The stock extended a rally to a fourth day on Monday, rising as much as 2.7% to the highest since August 2018. UBS analyst Steven Strycula was the latest to upgrade shares of the Ho Ho’s-maker, following DA Davidson’s and Evercore ISI’s bullish start of research coverage earlier this month. The number of buy ratings on the stock now outnumbers holds.Sales trends at the Kansas City, Missouri-based packaged food maker are accelerating, Strycula noted earlier, and the company’s recently-acquired Chicago bakery is expected to add new production capacity and boost earnings.The stock is now up 30% year-to-date, outperforming the Russell 2000 Foods Value Index, which is down 4%.To contact the reporter on this story: Tatiana Darie in New York at email@example.comTo contact the editors responsible for this story: Catherine Larkin at firstname.lastname@example.org, Scott SchnipperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The snack market is booming, bringing in a whopping $605 billion in global sales last year, and there are even more growth opportunities ahead, according to Citi.
Hostess Brands, Inc. (the “Company”) (TWNK) today announced the closing of a public offering of 8 million shares of its Class A common stock held by entities affiliated with C. Dean Metropoulos, the Company’s Chairman, and his family. The Company did not issue shares in the offering and did not receive any proceeds from the sale of the shares by the selling stockholders in this offering. Mr. Metropoulos has informed the Company that the proceeds from the sale of these shares would be used to, among other things, fund philanthropic commitments.
Hostess Brands, Inc. (the “Company”) (TWNK) today announced the launch of a public offering of approximately 8 million shares of its Class A common stock held by entities controlled by C. Dean Metropoulos, the Company’s Chairman. The Company will not issue shares in the offering and will not receive any proceeds from the sale of the shares by the selling stockholders in this offering. Mr. Metropoulos has informed the Company that he intends to use the proceeds from the sale of these shares to, among other things, fund his philanthropic commitments.
It must be spring because there are signs of growth throughout the area, thanks to Niagara Bottling, Hostess, SelectQuote and others.
got a whiff of sweet success on Thursday, pushing shares of the company higher after it baked up better-than-expected first-quarter sales. Higher prices for the company's sweet baked goods and in-store bakery products helped offset slight increases in transportation and other costs, resulting in stronger net sales, the company said. Revenue in sweet baked goods came in at $212.9 million vs. $199.3 million a year ago.
Twinkie maker Hostess is enjoying a sales rebound at the nation's largest retailer, J.P. Morgan says. Hostess sales to Walmart hit an all-time high in the first quarter, and shipments in a key segment are accelerating in the current quarter. J.P. Morgan adds Hostess to its Analysts Focus List and bumps up its price target by $2 to $16.
HOSTESS BRANDS (TWNK) delivered earnings and revenue surprises of 0.00% and 5.62%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Kansas City-based maker of Twinkies and other baked goods will move a distribution facility from Illinois to Edgerton next year.
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HOSTESS BRANDS (TWNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hostess Brands, Inc. (TWNK) (TWNKW) (the “Company”), a leading manufacturer and marketer of sweet baked goods including Twinkies®, Ding Dongs®, Ho Hos®, Donettes® and a variety of new and classic treats, announced today it will report results for the first quarter ended March 31, 2019 on Wednesday, May 8, 2019 after market close. The Company will host a conference call to discuss these results at 3:30 p.m. Central Time (4:30 p.m. Eastern Time). A telephone replay will be available approximately two hours after the call concludes through Wednesday, May 22, 2019, by dialing 844-512-2921 from the U.S., or 412-317-6671 from international locations, and entering confirmation code 13690145.
In December 2018, Hostess Brands, Inc. (NASDAQ:TWNK) announced its most recent earnings update, which revealed that the company endured a major headwind with earni...
Kansas City-based Hostess Brands LLC has a new chief marketing officer and a new office in Chicago. The iconic snack company (Nasdaq: TWNK) hired Chad Lusk as a senior vice president and its new CMO to oversee aspects such as consumer insights and analytics, brand strategy and innovation. Most recently, he was a CMO and executive vice president at Illinois-based Chamberlain Group, a global leader in access solutions and products such as garage door openers, gate entry systems and cloud-based smart access control technology.
Hostess Brands, LLC (TWNK) announced that Chad Lusk, a former senior executive with Chamberlain Group and Ferrara Candy Company, has joined the company as Senior Vice President and Chief Marketing Officer. Responsible for overall profitable brand growth, Lusk will oversee consumer insights and analytics, brand strategy and innovation and serve on the executive leadership team, reporting to CEO Andy Callahan.
Rosenblatt Securities initiated Disney as buy Deutsche Bank initiated Dow Inc. as buy Deutsche Bank initiated Intuitive Surgical as buy Jefferies upgraded Lab Corp to buy from hold Jefferies upgraded Quest Diagnostics to buy from hold Deutsche Bank upgraded Hostess Brands to buy from holdHere are the biggest calls on Wall Street on Tuesday: Rosenblatt Securities initiated Disney as 'buy'Rosenblatt is bullish on Disney DIS 's direct-to-consumer strategy.
Kellogg Company (K) has agreed to sell its Keebler, Famous Amos and fruit snacks brands to Italian confectionery company Ferrero Rocher for $1.3 billion.