NEW YORK, August 29, 2017 /PRNewswire/ --
If you want a Stock Review on LNCE, STKL, TWNK, or THS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Research coverage has been initiated by DailyStockTracker.com on Snyder's-Lance Inc. (NASDAQ: LNCE), SunOpta Inc. (NASDAQ: STKL), Hostess Brands Inc. (NASDAQ: TWNK), and Treehouse Foods Inc. (NYSE: THS). Processed and Packaged Goods companies, for the most part, are considered consumer staples in as much as they sell products, such as basic foods and beverages, that are consumed all year round in all economic cycles. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:
Charlotte, North Carolina headquartered Snyder's-Lance Inc.'s stock finished Monday's session 0.28% higher at $35.96 with a total trading volume of 382,803 shares. The Company's shares have advanced 1.24% in the past month. The stock is trading 0.70% above its 50-day moving average. Additionally, shares of Snyder's-Lance, which manufactures, distributes, markets, and sells snack food products in the US, have a Relative Strength Index (RSI) of 46.92.
On August 08th, 2017, Snyder's-Lance reported financial results for Q2 ended July 01st, 2017. In Q2 2017, total net revenue was $579.6 million; operating income was $22.4 million; net interest expense was $9.5 million; and adjusted EBITDA from continuing operations was $76.8 million. For the quarter, GAAP net income from continuing operations was $4.3 million; and net income from continuing operations, excluding special items, was $26.8 million. LNCE complete research report is just a click away at:
On Monday, shares in Brampton, Canada headquartered SunOpta Inc. recorded a trading volume of 333,955 shares. The stock ended the session 0.58% higher at $8.60. The Company's shares have advanced 21.99% on an YTD basis. The stock is trading 7.55% above its 200-day moving average. Moreover, shares of SunOpta, which manufactures and markets natural and organic food products and environmental mineral products, have an RSI of 37.54.
On August 09th, 2017, SunOpta announced financial results for Q2 ended July 01st, 2017. Quarter highlights included revenues of $336.5 million and gross profit of $41.7 million. For Q2 2017, adjusted EBITDA was $19.4 million; loss from continuing operations was $0.4 million; and adjusted loss from continuing operations was $0.7 million. The complimentary report on STKL can be downloaded at:
Kansas City, Missouri-based Hostess Brands Inc.'s shares closed the day 0.74% lower at $13.38. The stock recorded a trading volume of 650,817 shares. The Company's shares have gained 2.92% on an YTD basis. The stock is trading 10.41% below its 200-day moving average. Additionally, shares of Hostess Brands, which engages in developing, manufacturing, marketing, selling, and distributing fresh baked sweet goods in the US, have an RSI of 38.62.
On July 31st, 2017, research firm UBS initiated a 'Neutral' rating on the Company's stock, with a target price of $16 per share.
On August 22nd, 2017, Hostess Brands announced that Bill Toler, President and CEO, and Tom Peterson, CFO, will participate in the Barclays Global Consumer Staples Conference on September 06th, 2017, at 4:30 p.m. ET. The presentation can be accessed live under the "News & Events" section of the Company's website. Sign up for your complimentary report on TWNK at:
Shares in Oak Brook, Illinois-based Treehouse Foods Inc. finished 1.61% lower at $66.70. The stock recorded a trading volume of 644,608 shares. The Company's shares are trading below their 200-day moving average by 14.96%. Furthermore, shares of Treehouse Foods, which operates as a food and beverage manufacturer in the US and Canada, have an RSI of 24.23.
On August 03rd, 2017, Treehouse Foods announced its intention to close facilities in Brooklyn Park, Minnesota and Plymouth, Indiana, as well as transition its non-peanut packaging operations out of Dothan, Alabama. The decisions are part of TreeHouse 2020 - the Company's broad based restructuring plan to improve its competitive position and operating margin structure through a comprehensive program of category and customer portfolio management as well as manufacturing and supply-chain optimization.
On August 04th, 2017, research firm BMO Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $90 a share to $85 a share. Download the research report for free on THS at:
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