Hostess Brands (TWNK) Downgraded by UBS AG to "Sell"

Wall Street await Hostess Brands, Inc. About shares traded. Hostess Brands, Inc.

Company shares last traded at $12.17 which is well below the 50 day moving average of $13.58 and a great deal lower than the 200 day moving average of $15.22. Hostess Brands has a 52 week low of $10.82 and a 52 week high of $17.18.

Investors wait Hostess Brands, Inc. The company's market capitalization is $1.35 billion.

Hostess Brands (NASDAQ:TWNK) last released its earnings results on Tuesday, August 8th. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0. This estimate is provided by 8 analysts.

Growth in the fiscal third quarter "will probably be slow" because of competition from Mexican bakery giant Grupo Bimbo SAB and delayed orders due to the hurricanes in Texas and Florida, according to Farha Aslam, an analyst at Stephens Inc.

TWNK has been the subject of a number of analyst reports. Zacks Investment Research lowered Hostess Brands from a "hold" rating to a "sell" rating in a research report on Wednesday, May 17th. UBS AG began coverage on Hostess Brands in a research note on Monday, July 31st. They issued an "outperform" rating and a $16.00 price target on the stock.

On October 11, 2017 JP Morgan starting coverage on the stock by announcing an initial rating of "Neutral". This price target would suggest upside of 11.69 % from the last stock close price of Hostess Brands (NASDAQ:TWNK). The rating was initiated by Deutsche Bank with "Buy" on Wednesday, February 15. They issued an "equal weight" rating and a $14.00 price target on the stock.

TRADEMARK VIOLATION NOTICE: This piece of content was first reported by Week Herald and is the sole property of of Week Herald. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and worldwide copyright and trademark law. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2017/10/12/hostess-brands-twnk-stake-raised-by-schwab-charles-investment-management-inc.html. Also, CEO William Douglas Toler bought 75,000 shares of Hostess Brands stock in a transaction dated Friday, August 11th. The stock was bought at an average cost of $13.98 per share, for a total transaction of $69,900.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock was purchased at an average price of $13.86 per share, with a total value of $1,039,500.00. Short shares grew 214,267 over that period. The disclosure for this purchase can be found here. Institutional investors and hedge funds own 77.51% of the company's stock.

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