TreeHouse Foods, Inc. (NYSE:THS) Receives Consensus Rating of “Hold” from Analysts

TreeHouse Foods, Inc. (NYSE:THS) has been given an average recommendation of “Hold” by the six analysts that are presently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $40.00.

A number of research analysts have commented on the company. Barclays upped their price target on TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 6th. Mizuho lifted their target price on TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Stifel Nicolaus increased their price target on shares of TreeHouse Foods from $36.00 to $41.00 and gave the stock a “hold” rating in a research report on Tuesday, August 6th. Finally, StockNews.com upgraded shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th.

TreeHouse Foods Stock Performance

Shares of TreeHouse Foods stock opened at $41.93 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.52 and a current ratio of 1.44. The business’s 50 day moving average price is $38.96 and its 200 day moving average price is $37.35. The company has a market cap of $2.21 billion, a price-to-earnings ratio of 91.15 and a beta of 0.22. TreeHouse Foods has a one year low of $33.28 and a one year high of $48.49.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Monday, August 5th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.16. TreeHouse Foods had a negative net margin of 0.41% and a positive return on equity of 5.42%. The company had revenue of $788.50 million for the quarter, compared to analyst estimates of $784.10 million. During the same period in the previous year, the business posted $0.42 EPS. TreeHouse Foods’s revenue was down 1.9% on a year-over-year basis. On average, research analysts predict that TreeHouse Foods will post 2.31 EPS for the current year.

Insider Buying and Selling at TreeHouse Foods

In other TreeHouse Foods news, EVP Kristy N. Waterman sold 3,000 shares of TreeHouse Foods stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $42.34, for a total transaction of $127,020.00. Following the completion of the sale, the executive vice president now directly owns 20,784 shares of the company’s stock, valued at approximately $879,994.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.90% of the company’s stock.

Institutional Trading of TreeHouse Foods

Several institutional investors and hedge funds have recently made changes to their positions in the company. Canada Pension Plan Investment Board purchased a new position in TreeHouse Foods during the 2nd quarter worth $37,000. Innealta Capital LLC purchased a new stake in TreeHouse Foods during the 2nd quarter valued at approximately $44,000. Central Pacific Bank Trust Division purchased a new stake in TreeHouse Foods during the 1st quarter valued at approximately $48,000. GAMMA Investing LLC lifted its position in TreeHouse Foods by 304.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock worth $47,000 after acquiring an additional 972 shares during the period. Finally, Rothschild Investment LLC purchased a new position in shares of TreeHouse Foods in the 2nd quarter valued at approximately $67,000. 99.81% of the stock is owned by hedge funds and other institutional investors.

About TreeHouse Foods

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.