Evercore ISI analyst David Palmer maintained a Buy rating on Hostess Brands (NASDAQ:TWNK) Inc on Friday, setting a price target of $22, which is approximately 14.23% above the present share price of $19.26.
Palmer expects Hostess Brands Inc to post earnings per share (EPS) of $0.20 for the fourth quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Hostess Brands, with an average price target of $21.86.
The analysts price targets range from a high of $23 to a low of $19.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $287.97 million and a net profit of $46.6 million. The company's market cap is $2.67 billion.
According to TipRanks.com, Evercore ISI analyst David Palmer is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.5% and a 67.40% success rate.
Hostess Brands, Inc. engages in developing, manufacturing, marketing, selling and distributing baked goods. It operates through following segments: Sweet Baked Goods and In-Store Bakery. The Sweet Baked Goods segment consists of fresh and frozen baked goods and bread products that are sold under the Hostess, Dolly Madison, Cloverhill and Big Texas brands. The In-Store Bakery segment consists of Superior on Main branded and store-branded products sold through the in-store bakery section of grocery and club stores. The company was founded in 1919 and is headquartered in Kansas, MO.