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Tuesday, March 21, 2023

Investing In Hostess Brands Inc. (NASDAQ: TWNK): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Hostess Brands Inc. (TWNK) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.23, or -1.01%, to $22.53. The Hostess Brands Inc. has recorded 24,304 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Hostess Brands to Participate in Stephens Annual Investment Conference on November 16, 2022.


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Stocks Info

The company is listed on the NASDAQ and operates within the Packaged Foods industry segment. At the end of the last regular session, the stock closed at $22.76 and fluctuated between $22.79 as its day high and $22.45 as its day low. The current market capitalization of Hostess Brands Inc. is $3.04B. A total of 0.54 million shares were traded on the day, compared to an average of 1.09M shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, TWNK has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 260 shares. Over the last 12 months, there were 12 BUYs and 6 SELLs from insiders. Insiders purchased 88,735 shares during that period but sold 41,406.

In the most recent transaction, Gernigin Michael sold 7,060 shares of TWNK for 21.38 per share on May 27. After the transaction, the insider now owns 6,922 company shares. In a previous transaction on May 11, Cramer Michael John sold 25,000 shares at 22.15 per share. TWNK shares that insider owns now total 43,408.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for TWNK in the last 3 months, the mean price target is $29.20 with high estimates of $32.00 and low estimates of $25.00. In terms of 52-week highs and lows, TWNK has a high of $29.00 and a low of $19.00.

As of this writing, TWNK has an earnings estimate of $0.21 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.23 per share and a lower estimate of $0.18. The company reported an EPS of $0.27 in the last quarter, which was 22.70% higher than expectations of $0.22.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 11 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TWNK is Hold with a score of 4.33. A total of 8 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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