Hostess Brands, Inc. (TWNK)
| Market Cap | 4.42B |
| Revenue (ttm) | 1.39B |
| Net Income (ttm) | 126.48M |
| Shares Out | 132.86M |
| EPS (ttm) | 0.93 |
| PE Ratio | 35.81 |
| Forward PE | 27.91 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 52,705,283 |
| Open | 33.37 |
| Previous Close | 33.30 |
| Day's Range | 33.30 - 33.37 |
| 52-Week Range | 21.59 - 33.74 |
| Beta | 0.53 |
| Analysts | Hold |
| Price Target | 30.36 (-8.83%) |
| Earnings Date | Nov 7, 2023 |
About TWNK
Hostess Brands, Inc. develops, manufactures, markets, sells, and distributes snack products in the United States and Canada. The company provides a range of snack cakes, donuts, sweet rolls, breakfast pastries, cookies, snack pies, sweet baked goods, wafers, bread and buns, danishes, honey buns, coffee cakes, and sugar-free products. It offers its products under the Hostess, Dolly Madison, Cloverhill, Voortman, CupCakes, Twinkies, Donettes, Sno Balls, Ding Dongs, Zingers, Ho Hos, and Big Texas brands. The company was formerly known as Gores Hol... [Read more]
Financial Performance
In 2022, Hostess Brands's revenue was $1.36 billion, an increase of 18.93% compared to the previous year's $1.14 billion. Earnings were $164.20 million, an increase of 37.63%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for TWNK stock is "Hold." The 12-month stock price forecast is $30.36, which is a decrease of -8.83% from the latest price.
News
Smucker's CEO talks success of Uncrustables, Hostess, and value pricing
J.M. Smucker (SJM) stock rose Tuesday morning after the company posted better-than-expected results for its fiscal second quarter. Comparable sales for the company rose 7% in its second quarter compar...
The J.M. Smucker Co. Completes the Acquisition of Hostess Brands to Advance Strategy and Expand Family of Brands in Growing Categories
ORRVILLE, Ohio , Nov. 7, 2023 /PRNewswire/ -- The J. M. Smucker Co. (NYSE: SJM) ("Company") announced today the closing of the transaction to acquire Hostess Brands, Inc. (NASDAQ: TWNK) ("Hostess Bran...
Hostess Brands Reports Third Quarter 2023 Results
LENEXA, Kan.--(BUSINESS WIRE)--Hostess Brands, Inc. (NASDAQ: TWNK) (the “Company,” “Hostess Brands,” “we,” “us,” and “our”) today reported its financial results for the three and nine months ended Sep...
The J. M. Smucker Co. Extends Offer to Acquire Hostess Brands, Inc.
ORRVILLE, Ohio , Nov. 7, 2023 /PRNewswire/ -- The J. M. Smucker Co. (NYSE: SJM) ("Company") announced today that it has extended its previously announced offer (the "Offer") to exchange for each outst...
What exactly are patients taking new weight-loss drugs eating and what are they avoiding? Bernstein asked them.
Bernstein analysts set out to determine that, analyzing online data to better understand changes in eating habits — and to evaluate which food companies may be most affected. They published the result...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PXD, TWNK
NEW YORK , Oct. 12, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches...
HOSTESS BRANDS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hostess Brands, Inc. - TWNK
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hostess Brands, ...
J.M. Smucker taps corporate bond market to fund cash portion of Hostess Brands deal
J.M. Smucker Co. is tapping the investment-grade corporate bond market on Wednesday with a deal to finance its acquisition of Twinkies and HoHos maker Hostess Brands Inc.
Hostess Acquisition, 3.3% Dividend Make J.M. Smucker a Sweet Deal
Last week, J.M. Smucker shares fell more than 10% after the company agreed to acquire the maker of Twinkies and other sweet treats for $5.6 billion, or $34.25 per share.
JM Smucker Is Expanding Its Horizons With Hostess
Hostess Brands Inc. ( TWNK , Financial) shares soared following the announcement of its acquisition by J.M. Smucker Co. ( SJM , Financial) on Sept.
Smucker's + Twinkies = Brand Driven Growth In A TikTok Supply Chain World
While investors disapprove of Smucker's buying legendary snack brand Hostess of Twinkies fame, CEO Mark Smucker disagrees.
J.M. Smucker CEO: The Hostess deal dovetails nicely as snacking occasions continue to grow
J.M. Smucker Chairman, President and CEO Mark Smucker joins 'Mad Money' host Jim Cramer to talk news that Smucker's is acquiring Hostess Brands for $5.6 billion.
Smucker CEO on merger with Hostess: 'We compliment each other so well'
Mark Smucker, CEO of food and beverage manufacturer J.M. Smucker, discussed his company's acquisition of Hostess Brands.
J.M. Smucker to buy Hostess Brands for $5.6 billion
The J.M. Smucker Company (SJM) is in the process of acquiring baked goods company Hostess Brands (TWNK). The takeover deal is expected to be completed by January 2024.
Smucker to Acquire Hostess Brands as Consumers Prioritize Sweet Treats
Smucker is sweetening its portfolio with the addition of Hostess Brands, the company best known for making Twinkies, as consumers continue to shell out for desserts amid ongoing budget pressures. On M...
Hostess stock soars on acquisition from J.M. Smucker
Hostess Brands (TWNK) shares soar as J.M. Smucker (SJM) announces it will be acquiring the company in a $5.6 billion deal, including debt.
Cramer's Mad Dash: J.M. Smucker agrees to buy Hostess Brands for $5.6 billion
CNBC's Jim Cramer and David Faber discuss news from J.M. Smucker and Hostess.
Arm & Instacart, Apple launch event, J.M. Smucker-Hostess deal: 3 Things
Chipmaker Arm seeks to increase its listing price range ahead of its IPO, while Instacart aims to raise $660 million in capital. All eyes are on Apple's (AAPL) iPhone 15 launch event this week.
Smucker deal sends food stock Hostess Brands up 20%
Hostess Brands Inc (NASDAQ: TWNK) opened roughly 20% up on Monday after J M Smucker Co (NYSE: SJM) said it will buy the bakery company for about $5.6 billion. Hostess Brands stock valued at a premium ...
Shareholder Alert: Ademi LLP investigates whether Hostess Brands, Inc. has obtained a Fair Price in its transaction with J. M. Smucker
MILWAUKEE , Sept. 11, 2023 /PRNewswire/ -- Ademi LLP is investigating Hostess Brands, Inc. (NASDAQ: TWNK) for possible breaches of fiduciary duty and other violations of law in its transaction with J.
Smucker's Twinkies Deal Is an Indulgence
The company is paying a high price to get into snacking with the acquisition of the Twinkies maker.
J.M. Smucker gobbles up Twinkies maker Hostess Brands in Big Snack mega-merger
Smucker, which makes everything from coffee to peanut butter and jelly, will pay $34.25 per share in cash and stock. It will also pick up $900 million in net debt.
Jelly Maker Smucker's Buys Twinkies Maker Hostess Brands
J.M. Smucker Co. agreed to acquire Twinkies maker Hostess Brands Inc. for about $5.6 billion, furthering a growing consolidation trend among the companies that stock the shelf-stable aisles at the hea...
Hostess surges 19% after the Twinkie maker agrees to $5.6 billion takeover by JM Smucker
Hostess stock climbed roughly 19% Monday, while JM Smucker declined as much as 8%. Jelly company Smucker agreed to acquire the Twinkie maker for $5.6 billion.
Smucker to buy Twinkies maker Hostess for $5.6B
J.M. Smucker will buy Hostess Brands in a deal valued at $5.6 billion. Smucker said the acquisition is expected to close in the third quarter of its current fiscal year.