William Blair Reduces Earnings Estimates for TreeHouse Foods

TreeHouse Foods, Inc. (NYSE:THS) – Equities researchers at William Blair decreased their Q4 2024 earnings per share estimates for shares of TreeHouse Foods in a report released on Tuesday, November 12th. William Blair analyst J. Andersen now expects that the company will earn $0.94 per share for the quarter, down from their previous forecast of $1.32. The consensus estimate for TreeHouse Foods’ current full-year earnings is $2.34 per share. William Blair also issued estimates for TreeHouse Foods’ FY2025 earnings at $2.60 EPS.

Several other equities analysts also recently weighed in on the company. Barclays decreased their target price on TreeHouse Foods from $39.00 to $32.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Consumer Edge lowered TreeHouse Foods from an “overweight” rating to an “equal weight” rating in a report on Friday. StockNews.com raised shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a research note on Tuesday, August 6th. Mizuho increased their target price on shares of TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Monday, August 26th. Finally, Stifel Nicolaus lowered their price target on shares of TreeHouse Foods from $41.00 to $32.00 and set a “hold” rating on the stock in a research report on Wednesday. Seven investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $34.20.

TreeHouse Foods Trading Down 2.6 %

Shares of TreeHouse Foods stock opened at $32.41 on Friday. TreeHouse Foods has a twelve month low of $28.04 and a twelve month high of $43.84. The firm’s 50-day moving average price is $39.50 and its 200 day moving average price is $38.22. The company has a current ratio of 1.40, a quick ratio of 0.52 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $1.66 billion, a PE ratio of -68.96 and a beta of 0.23.

TreeHouse Foods (NYSE:THS) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.01). TreeHouse Foods had a negative net margin of 0.72% and a positive return on equity of 5.94%. The company had revenue of $854.40 million for the quarter, compared to analysts’ expectations of $881.15 million. During the same period in the previous year, the business earned $0.57 earnings per share. The business’s revenue for the quarter was down 1.0% on a year-over-year basis.

Insider Buying and Selling at TreeHouse Foods

In related news, EVP Kristy N. Waterman sold 3,000 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $42.34, for a total value of $127,020.00. Following the sale, the executive vice president now directly owns 20,784 shares in the company, valued at approximately $879,994.56. The trade was a 12.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Canada Pension Plan Investment Board acquired a new position in shares of TreeHouse Foods in the 2nd quarter worth approximately $37,000. Signaturefd LLC lifted its stake in TreeHouse Foods by 42.1% during the third quarter. Signaturefd LLC now owns 999 shares of the company’s stock worth $42,000 after purchasing an additional 296 shares in the last quarter. Innealta Capital LLC purchased a new position in shares of TreeHouse Foods during the second quarter worth $44,000. GAMMA Investing LLC grew its stake in shares of TreeHouse Foods by 304.7% in the second quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock valued at $47,000 after buying an additional 972 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new stake in shares of TreeHouse Foods in the 2nd quarter valued at $67,000. Hedge funds and other institutional investors own 99.81% of the company’s stock.

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.