Hostess Brands Inc. (NASDAQ:TWNK) saw a downside of -0.80% to $23.02 after subtracting -$0.19 on Wednesday. The 5-day average trading volume is 1,121,191 shares of the company’s common stock. It has gained $23.80 in the past week and touched a new high 1 time within the past 5 days. An average of 923,093 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 918,659.
TWNK’s 1-month performance is -6.59% or -$1.85 on its low of $21.79 reached on 08/09/23. The company’s shares have touched a 52-week low of $21.59 and high of $29.00, with the stock’s rally to the 52-week high happening on 05/10/23. YTD, TWNK has achieved 2.61% or $0.62 and has reached a new high 14 times. However, the current price is down -20.60% from the 52-week high price.
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Valuation Metrics
TWNK stock has a beta of 0.64. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.24 while the price-to-book (PB) in the most recent quarter is 1.69, with the price to cash flow ratio at 26.68.
Hostess Brands Inc.’s quick ratio for the period ended March 30 was 1.50, with the current ratio over the same period at 1.80. As well, the company’s long term debt to equity for the quarter ending March 30 was 0.55, while the total debt to equity was 0.55. In terms of profitability, the gross margin trailing 12 months is 34.30%. The trailing 12-month EBITDA margin is 20.88% while for the period ending March 30, Hostess Brands Inc.’s operating margin was 16.30%. The firm’s gross profit as reported stood at $465.68 million against revenue of $1.36 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 6.19% to $32.49 million, while revenue of $38.29 million was -17.85% off the previous quarter. Analysts expected TWNK to announce $0.27 per share in earnings in its latest quarter, but it posted $0.28, representing a 3.70% surprise. EBITDA for the quarter stood at more than $77.68 million. TWNK stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 1.68 billion, with total debt at $1000.0 million. Shareholders hold equity totaling $132.85 million.
Let’s look briefly at Hostess Brands Inc. (TWNK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 28.00% to suggest the stock is trending oversold, with historical volatility in this time period at 19.43%.
The stock’s 5-day moving average is $23.44, reflecting a -0.73% or -$0.17 change from its current price. TWNK is currently trading -7.39% above its 20-day SMA, -8.71% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -10.79% and SMA200 by-5.92%.
Stochastic %K and %D was 26.77% and 24.93% and the average true range (ATR) pointed at 0.61. The RSI (14) points at 30.63%, while the 14-day stochastic is at 37.69% with the period’s ATR at 0.56. The stock’s 9-day MACD Oscillator is pointing at -0.25 and -0.50 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Hostess Brands Inc. (NASDAQ: TWNK), JP Morgan reiterated its an Overweight rating for the company but lifted their price target by $29 to $28. Analysts offering their rating for TWNK stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate TWNK as a “sell,”, while 3 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 7 have offered a “buy” rating.
What is TWNK’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $25.00 and a high of $32.00, with their median price target at $29.00. Looking at these predictions, the average price target given by analysts is for Hostess Brands Inc. (TWNK) stock is $28.80.
