Time to Sell Hostess Brands, Inc. (TWNK) After The Completion of This Bearish H&S Chart Pattern?

May 24, 2018 - By Maria Brooks

The stock of Hostess Brands, Inc. (TWNK) formed H&S with $12.61 target or 6.00 % below today’s $13.42 share price. The 7 months Head & Shoulders indicates high risk for the $1.75 billion company. It was reported on May, 24 by Faxor.com. If the $12.61 price target is reached, the company will be worth $104.82M less.
Head-and-shoulders are one of the best chart patterns to trade. They work in bear and bull markets and according to many researchers have very low failure rate. Even thought they have high pullback rate, such patters usually provide good risk-reward entry opportunities. The percentage of stocks meeting price targets is 55%.

The stock increased 0.90% or $0.12 during the last trading session, reaching $13.42. About 517,569 shares traded. Hostess Brands, Inc. (NASDAQ:TWNK) has declined 9.60% since May 24, 2017 and is downtrending. It has underperformed by 21.15% the S&P500.

Analysts await Hostess Brands, Inc. (NASDAQ:TWNK) to report earnings on August, 14. They expect $0.18 earnings per share, 0.00 % or $0.00 from last year’s $0.18 per share. TWNK’s profit will be $23.43M for 18.64 P/E if the $0.18 EPS becomes a reality. After $0.14 actual earnings per share reported by Hostess Brands, Inc. for the previous quarter, Wall Street now forecasts 28.57 % EPS growth.

More notable recent Hostess Brands, Inc. (NASDAQ:TWNK) news were published by: Seekingalpha.com which released: “Hostess Brands’ (TWNK) CEO Andrew Callahan on Q1 2018 Results – Earnings Call Transcript” on May 10, 2018, also Benzinga.com with their article: “Berenberg’s Packaged Food Pair Trade: Buy Twinkie’s Parent Company, Hold Flowers Food” published on May 21, 2018, Finance.Yahoo.com published: “Is It Time To Buy Hostess Brands Inc (NASDAQ:TWNK)?” on May 18, 2018. More interesting news about Hostess Brands, Inc. (NASDAQ:TWNK) were released by: Livetradingnews.com and their article: “Wall Street’s Top Analysts Upgrades, Downgrades & Initiations” published on May 22, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For May 22, 2018” with publication date: May 22, 2018.

Hostess Brands, Inc., a packaged food company, focuses on developing, manufacturing, marketing, selling, and distributing fresh sweet baked goods in the United States. The company has market cap of $1.75 billion. The firm operates in two divisions, Sweet Baked Goods and Other. It has a 6.08 P/E ratio. The Company’s principal product lines include Twinkies, Zingers, Donettes, coffee cakes, cupcakes, cinnamon rolls, Ding Dongs, honey buns, fruit pies, Sno Balls, mini muffins, Chocodiles, Ho Hos, brownies, Suzy Qs, bread and buns, danishes, jumbo muffins, iced cookies, eclairs, and madeleines.

Hostess Brands, Inc. (NASDAQ:TWNK) Ratings Chart

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