LENEXA, Kan.--(BUSINESS WIRE)-- Hostess Brands, Inc. (Nasdaq: TWNK) (the “Company” or “Hostess Brands”), announced today that it has entered into a definitive agreement with The J.M. Smucker Co. (NYSE: SJM) to acquire all of the outstanding shares of Hostess Brands in a cash and stock transaction valued at $34.25 per Hostess Brands share, representing a transaction value of approximately $5.6 billion, including the assumption of debt. Under the terms of the agreement, Hostess Brands shareholders will receive $30.00 in cash and 0.03002 shares of The J.M. Smucker Co. common stock (valued at $4.2...
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Headwinds Persist In last week's Compass (Aug. 23) we discussed the increasing odds for a deeper pullback in the broad market indexes due to 5-week uptrend breaks on the S&P 500, Nasdaq 100, and Russell 2000, the Fed tightening, and with Treasury yields, the U.S. dollar (DXY), and commodities (DJP) inflecting higher. We continue to see the market as being in pullback mode; the S&P 500, Nasdaq 100, and Russell 2000 are all approaching 50-day MA support, the first big area of interest on this pul...
A director at Hostess Brands Inc sold 7,060 shares at 21.385USD and the significance rating of the trade was 57/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clear...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
LENEXA, Kan.--(BUSINESS WIRE)-- Hostess Brands, Inc. (Nasdaq: TWNK, TWNKW) (the “Company), a leading manufacturer and marketer of snacks including Twinkies®, CupCakes, Ding Dongs®, Donettes®, Voortman® wafers and cookies and a variety of other new and classic treats, announced today it will report results for the first quarter ended March 31, 2021 on Monday, May 17, 2021 before market open. The Company will host a conference call to discuss these results at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). Investors interested in participating in the live call can dial 877-451-6152 from the U....
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Although the previous owners of the Hostess brand filed for bankruptcy in 2004 and 2012, we contend it wasn’t due to a lack of brand equity but due to highly inefficient manufacturing and distribution systems, a powerful unionized workforce, combined with a high debt load. We believe the Hostess brand’s demonstrated pricing power, with the brand selling at a consistent premium to its branded competitors, provides evidence of an intangible asset. In addition, we believe Hostess is a valued pa...
We don’t expect to materially alter our $14.40 fair value estimate for narrow-moat Hostess, as first-quarter results largely aligned with our outlook. However, the discount to our valuation has compressed as shares popped in the mid- to high-single-digits in pre-market; we suggest investors await a more attractive opportunity to build a position. After three quarters of flat or declining organic growth, revenue bounced back, to the tune of 3.5%, driven by a 2% bump in pricing as well as the b...
We don’t expect to materially alter our $14.40 fair value estimate for narrow-moat Hostess, as first-quarter results largely aligned with our outlook. However, the discount to our valuation has compressed as shares popped in the mid- to high-single-digits in pre-market; we suggest investors await a more attractive opportunity to build a position. After three quarters of flat or declining organic growth, revenue bounced back, to the tune of 3.5%, driven by a 2% bump in pricing as well as the b...
We don’t expect to materially alter our $14.40 fair value estimate for narrow-moat Hostess, as first-quarter results largely aligned with our outlook. However, the discount to our valuation has compressed as shares popped in the mid- to high-single-digits in pre-market; we suggest investors await a more attractive opportunity to build a position. After three quarters of flat or declining organic growth, revenue bounced back, to the tune of 3.5%, driven by a 2% bump in pricing as well as the b...
We are modestly increasing our fair value estimate for Hostess Brands to $14.40 from $14.00, as lower expected marketing investments more than offset a slightly lower gross margin assumption. And we think investors should snack on this name. Since the brand’s 2013 relaunch after a nine-month bankruptcy-induced hiatus, Hostess has rapidly regained market share as the products found their way back onto store shelves. The new company has a strong management team, generates attractive returns, an...
We are modestly increasing our fair value estimate for Hostess Brands to $14.40 from $14.00, as lower expected marketing investments more than offset a slightly lower gross margin assumption. And we think investors should snack on this name. Since the brand’s 2013 relaunch after a nine-month bankruptcy-induced hiatus, Hostess has rapidly regained market share as the products found their way back onto store shelves. The new company has a strong management team, generates attractive returns, an...
We are modestly increasing our fair value estimate for Hostess Brands to $14.40 from $14.00, as lower expected marketing investments more than offset a slightly lower gross margin assumption. And we think investors should snack on this name. Since the brand’s 2013 relaunch after a nine-month bankruptcy-induced hiatus, Hostess has rapidly regained market share as the products found their way back onto store shelves. The new company has a strong management team, generates attractive returns, and...
We do not expect a large change to our $14 fair value estimate for narrow-moat Hostess as 2018 results approximated our targets. Even after the high-single-digit percentage after-hours uptick after results were released, we believe the shares are attractive as the market likely underestimates Hostess’ brand strength. For the year, sales rose 9.6%, but Hostess’ adjusted EBITDA margin dropped about 780 basis points to 21.9%, primarily driven by the lower-margin Cloverhill business and cost...
We do not expect a large change to our $14 fair value estimate for narrow-moat Hostess as 2018 results approximated our targets. Even after the high-single-digit percentage after-hours uptick after results were released, we believe the shares are attractive as the market likely underestimates Hostess’ brand strength. For the year, sales rose 9.6%, but Hostess’ adjusted EBITDA margin dropped about 780 basis points to 21.9%, primarily driven by the lower-margin Cloverhill business and cost i...
While its lineup cuts against trends toward healthier eating, we believe Hostess should benefit from its brand portfolio even after it rebuilds distribution following its 2012 bankruptcy-induced hiatus. Although Americans profess a preference for better-for-you items as snacking frequency rises, the desire for sweet, indulgent fare remains. With well-established brands that demonstrate pricing power, we believe Hostess should outperform its rivals.The company has significant opportunities to rec...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.