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S&P 500   3,271.03 (-3.53%)
DOW   26,519.95 (-3.43%)
QQQ   271.64 (-3.90%)
AAPL   111.20 (-4.63%)
MSFT   202.68 (-4.96%)
FB   267.67 (-5.51%)
GOOGL   1,510.80 (-5.51%)
AMZN   3,162.78 (-3.76%)
TSLA   406.02 (-4.39%)
NVDA   505.08 (-5.75%)
BABA   307.94 (-2.90%)
CGC   18.34 (-1.71%)
GE   7.42 (+4.51%)
MU   50.00 (-3.77%)
AMD   76.40 (-3.14%)
T   26.50 (-1.56%)
F   7.70 (-2.78%)
ACB   3.83 (-4.25%)
GILD   58.72 (-2.15%)
NFLX   486.24 (-0.55%)
NIO   27.51 (-3.27%)
BA   148.14 (-4.57%)
DIS   118.47 (-3.93%)
S&P 500   3,271.03 (-3.53%)
DOW   26,519.95 (-3.43%)
QQQ   271.64 (-3.90%)
AAPL   111.20 (-4.63%)
MSFT   202.68 (-4.96%)
FB   267.67 (-5.51%)
GOOGL   1,510.80 (-5.51%)
AMZN   3,162.78 (-3.76%)
TSLA   406.02 (-4.39%)
NVDA   505.08 (-5.75%)
BABA   307.94 (-2.90%)
CGC   18.34 (-1.71%)
GE   7.42 (+4.51%)
MU   50.00 (-3.77%)
AMD   76.40 (-3.14%)
T   26.50 (-1.56%)
F   7.70 (-2.78%)
ACB   3.83 (-4.25%)
GILD   58.72 (-2.15%)
NFLX   486.24 (-0.55%)
NIO   27.51 (-3.27%)
BA   148.14 (-4.57%)
DIS   118.47 (-3.93%)
S&P 500   3,271.03 (-3.53%)
DOW   26,519.95 (-3.43%)
QQQ   271.64 (-3.90%)
AAPL   111.20 (-4.63%)
MSFT   202.68 (-4.96%)
FB   267.67 (-5.51%)
GOOGL   1,510.80 (-5.51%)
AMZN   3,162.78 (-3.76%)
TSLA   406.02 (-4.39%)
NVDA   505.08 (-5.75%)
BABA   307.94 (-2.90%)
CGC   18.34 (-1.71%)
GE   7.42 (+4.51%)
MU   50.00 (-3.77%)
AMD   76.40 (-3.14%)
T   26.50 (-1.56%)
F   7.70 (-2.78%)
ACB   3.83 (-4.25%)
GILD   58.72 (-2.15%)
NFLX   486.24 (-0.55%)
NIO   27.51 (-3.27%)
BA   148.14 (-4.57%)
DIS   118.47 (-3.93%)
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$254.31 Million in Sales Expected for Hostess Brands Inc (NASDAQ:TWNK) This Quarter

Last updated on Monday, October 19, 2020 | 2020 MarketBeat

Wall Street analysts expect that Hostess Brands Inc (NASDAQ:TWNK) will announce $254.31 million in sales for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Hostess Brands' earnings. The highest sales estimate is $263.16 million and the lowest is $247.70 million. Hostess Brands reported sales of $227.21 million in the same quarter last year, which indicates a positive year-over-year growth rate of 11.9%. The business is expected to announce its next quarterly earnings report on Wednesday, November 4th.

According to Zacks, analysts expect that Hostess Brands will report full year sales of $1.01 billion for the current financial year, with estimates ranging from $1.01 billion to $1.02 billion. For the next financial year, analysts expect that the company will report sales of $1.04 billion, with estimates ranging from $1.02 billion to $1.06 billion. Zacks' sales averages are a mean average based on a survey of research firms that follow Hostess Brands.

Hostess Brands (NASDAQ:TWNK) last issued its earnings results on Wednesday, August 5th. The company reported $0.22 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $0.07. Hostess Brands had a return on equity of 5.40% and a net margin of 5.20%. The firm had revenue of $256.23 million during the quarter, compared to the consensus estimate of $252.73 million.

A number of analysts have weighed in on TWNK shares. BidaskClub lowered shares of Hostess Brands from a "hold" rating to a "sell" rating in a research report on Tuesday, October 13th. Morgan Stanley raised their price objective on Hostess Brands from $13.00 to $14.00 and gave the company an "equal weight" rating in a report on Wednesday, October 14th. Zacks Investment Research raised Hostess Brands from a "hold" rating to a "buy" rating and set a $14.00 target price for the company in a report on Thursday. Finally, Jefferies Financial Group reissued a "buy" rating and set a $15.00 price target on shares of Hostess Brands in a research note on Wednesday, June 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of "Hold" and a consensus price target of $15.33.

In other Hostess Brands news, insider Hostess Cdm Co-Invest, Llc sold 34,749 shares of the company's stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $13.00, for a total value of $451,737.00. Following the sale, the insider now owns 34,749 shares in the company, valued at approximately $451,737. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 728,911 shares of company stock worth $9,646,754 over the last ninety days. Company insiders own 7.10% of the company's stock.

Large investors have recently added to or reduced their stakes in the business. Macquarie Group Ltd. bought a new stake in shares of Hostess Brands in the 2nd quarter valued at $35,000. Advisor Group Holdings Inc. bought a new stake in Hostess Brands during the first quarter valued at $38,000. SG3 Management LLC acquired a new stake in Hostess Brands during the 2nd quarter worth about $61,000. Signaturefd LLC raised its position in shares of Hostess Brands by 28.0% in the 2nd quarter. Signaturefd LLC now owns 7,408 shares of the company's stock worth $91,000 after acquiring an additional 1,619 shares in the last quarter. Finally, First Mercantile Trust Co. acquired a new position in shares of Hostess Brands in the 2nd quarter valued at about $131,000.

TWNK stock opened at $13.20 on Monday. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 33.85 and a beta of 0.76. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.66 and a quick ratio of 1.41. The company has a 50 day simple moving average of $12.61 and a 200 day simple moving average of $12.21. Hostess Brands has a 1 year low of $9.32 and a 1 year high of $14.68.

Hostess Brands Company Profile

Hostess Brands, Inc, a packaged food company, develops, manufactures, markets, sells, and distributes fresh sweet baked goods in the United States. It primarily offer a range of snack cakes, donuts, sweet rolls, breakfast pastries, snack pies, and related products. The company operates in two segments, Sweet Baked Goods and In-Store Bakery.

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Earnings History and Estimates for Hostess Brands (NASDAQ:TWNK)

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7 Stocks That Don’t Care Who Wins the Election

Many investors confuse volatility in an election year with the market performance during an election year. Historically, investors don’t care all that much who wins the election.

There is historical evidence that the market will rise after a Republican wins and dip after a Democrat wins. But that same evidence suggests that those trends flip in the first year of a presidency. It just proves that there’s a difference between campaigning and governing.

What can be different is where investors choose to make their money. It’s very clear that certain sectors perform better under a Republican administration than a Democrat administration. But that’s not the focus of this presentation.

Rather, we’re taking a look at companies, and stocks, that should profit no matter who occupies 1600 Pennsylvania Avenue. Some of these will be familiar names, but we’re trying not to be too obvious. Amazon (NASDAQ:AMZN) is a buy no matter who wins. You don’t need an article to tell you that.

And while I wouldn’t call this a list of “coronavirus stocks” the list has some resemblance. The fact is every major event in our nation’s history has a ripple effect. And technologies that we never imagined would become “a thing” become the most important thing in our lives.

View the "7 Stocks That Don’t Care Who Wins the Election".

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