Hostess Brands, Inc. (TWNK)

Nov 7, 2023 - TWNK was delisted (reason: acquired by J.M. Smucker Co)
33.30
0.00 (0.00%)
Last trade price on Nov 6, 2023
19.70%
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]

Industry Packaged Foods
IPO Date Aug 14, 2015
Employees 2,800
Stock Exchange NASDAQ
Ticker Symbol TWNK
Full Company Profile

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 Statements

Analyst 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.

Price Target
$30.36
(-8.83% downside)
Analyst Consensus: Hold
Stock Forecasts

News

MGP Hires Vice President of Investor Relations

ATCHISON, Kan. , May 20, 2024 /PRNewswire/ -- MGP Ingredients, Inc., (Nasdaq: MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, is pleased to announce th...

Other symbols: MGPI
5 months ago - PRNewsWire

JM Smucker CEO on Hostess, Pricing and Brand Strategy

JM Smucker Chair and CEO Mark Smucker discusses the company's acquisition of Hostess, pricing strategy and growth prospects. Speaking with Katie Greifeld on Bloomberg Television, Smucker also says the...

Other symbols: SJM
7 months ago - Bloomberg Markets and Finance

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...

Other symbols: SJM
10 months ago - Yahoo Finance

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...

Other symbols: SJM
11 months ago - PRNewsWire

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...

11 months ago - Business Wire

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...

Other symbols: SJM
11 months ago - PRNewsWire

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...

Other symbols: CPBGISHSYKKHCLLYMDLZ
1 year ago - Market Watch

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...

1 year ago - PRNewsWire

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, ...

Other symbols: SJM
1 year ago - Business Wire

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.

Other symbols: SJM
1 year ago - Market Watch

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.

Other symbols: SJM
1 year ago - GuruFocus

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.

Other symbols: SJM
1 year ago - Forbes

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.

Other symbols: SJM
1 year ago - CNBC Television

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.

Other symbols: SJM
1 year ago - CNBC

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.

Other symbols: SJM
1 year ago - Yahoo Finance

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...

Other symbols: SJM
1 year ago - PYMNTS

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.

Other symbols: SJM
1 year ago - Yahoo Finance

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.

Other symbols: SJM
1 year ago - CNBC Television

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.

Other symbols: AAPLCARTSJMARM
1 year ago - Yahoo Finance

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 ...

Other symbols: SJM
1 year ago - Invezz

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.

Other symbols: SJM
1 year ago - WSJ

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.

Other symbols: SJM
1 year ago - Fast Company

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...

Other symbols: SJM
1 year ago - Bloomberg Markets and Finance

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.

Other symbols: SJM
1 year ago - Business Insider

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.

Other symbols: SJM
1 year ago - Fox Business