TreeHouse Foods, Inc. (NYSE:THS) Given Average Rating of “Hold” by Analysts

Shares of TreeHouse Foods, Inc. (NYSE:THS) have been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $34.83.

A number of research firms recently issued reports on THS. Barclays boosted their price objective on TreeHouse Foods from $35.00 to $36.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 18th. StockNews.com upgraded shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, February 18th. Stifel Nicolaus lifted their price objective on shares of TreeHouse Foods from $32.00 to $35.00 and gave the company a “hold” rating in a research report on Friday, January 24th. Finally, Jefferies Financial Group dropped their price target on shares of TreeHouse Foods from $37.00 to $31.00 and set a “hold” rating on the stock in a research note on Tuesday, February 18th.

Institutional Trading of TreeHouse Foods

A number of institutional investors have recently made changes to their positions in the stock. Hsbc Holdings PLC lifted its position in TreeHouse Foods by 4.5% in the fourth quarter. Hsbc Holdings PLC now owns 9,024 shares of the company’s stock worth $317,000 after purchasing an additional 385 shares during the period. Comerica Bank raised its stake in shares of TreeHouse Foods by 1.5% in the 4th quarter. Comerica Bank now owns 28,207 shares of the company’s stock worth $991,000 after buying an additional 407 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in TreeHouse Foods by 4.7% during the third quarter. BNP Paribas Financial Markets now owns 10,657 shares of the company’s stock valued at $447,000 after buying an additional 481 shares in the last quarter. Bank of Montreal Can grew its holdings in TreeHouse Foods by 9.6% during the fourth quarter. Bank of Montreal Can now owns 7,740 shares of the company’s stock worth $272,000 after acquiring an additional 681 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in TreeHouse Foods by 2.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,838 shares of the company’s stock worth $943,000 after acquiring an additional 696 shares in the last quarter. 99.81% of the stock is owned by institutional investors and hedge funds.

TreeHouse Foods Stock Up 1.1 %

Shares of NYSE:THS opened at $26.48 on Wednesday. TreeHouse Foods has a 1-year low of $25.69 and a 1-year high of $43.84. The company’s fifty day moving average is $31.78 and its two-hundred day moving average is $35.24. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 1.36. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 49.04 and a beta of 0.15.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Friday, February 14th. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.02). TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The business had revenue of $905.70 million for the quarter, compared to analyst estimates of $907.71 million. During the same quarter last year, the company earned $0.77 EPS. TreeHouse Foods’s revenue was down .5% compared to the same quarter last year. Equities analysts anticipate that TreeHouse Foods will post 1.94 EPS for the current year.

TreeHouse Foods Company Profile

TreeHouse Foods, Inc manufactures and distributes private brands snacks and beverages in the United States and internationally. The company provides snacking products, such as crackers, pretzels, in-store bakery items, frozen griddle items, cookies, and candies; and beverage and drink mixes, including non-dairy creamer, coffee, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages.