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

TreeHouse Foods, Inc. (NYSE:THS) has received a consensus recommendation of “Hold” from the five brokerages that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $38.40.

THS has been the topic of several research analyst reports. Stifel Nicolaus raised their target price on shares of TreeHouse Foods from $36.00 to $41.00 and gave the stock a “hold” rating in a report on Tuesday, August 6th. Mizuho upped their target price on shares of TreeHouse Foods from $37.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, August 26th. StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a research note on Tuesday, August 6th. Finally, Barclays upped their price objective on TreeHouse Foods from $36.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 6th.

TreeHouse Foods Trading Down 1.2 %

Shares of NYSE THS opened at $37.37 on Friday. TreeHouse Foods has a twelve month low of $33.28 and a twelve month high of $43.84. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 81.24 and a beta of 0.22. The company has a quick ratio of 0.52, a current ratio of 1.44 and a debt-to-equity ratio of 0.90. The company’s fifty day moving average is $40.96 and its 200-day moving average is $38.28.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Monday, August 5th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.16. TreeHouse Foods had a positive return on equity of 5.42% and a negative net margin of 0.41%. The firm 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 company posted $0.42 earnings per share. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. Equities research analysts predict that TreeHouse Foods will post 2.34 EPS for the current year.

Insider Transactions at TreeHouse Foods

In other news, EVP Kristy N. Waterman sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $42.34, for a total transaction of $127,020.00. Following the sale, the executive vice president now owns 20,784 shares in the company, valued at $879,994.56. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Signaturefd LLC boosted its holdings in shares of TreeHouse Foods by 42.1% during the 3rd quarter. Signaturefd LLC now owns 999 shares of the company’s stock worth $42,000 after buying an additional 296 shares during the period. Canada Pension Plan Investment Board bought a new stake in shares of TreeHouse Foods during the second quarter worth approximately $37,000. Innealta Capital LLC bought a new stake in TreeHouse Foods in the 2nd quarter valued at $44,000. Central Pacific Bank Trust Division acquired a new position in TreeHouse Foods in the 1st quarter valued at $48,000. Finally, GAMMA Investing LLC lifted its holdings in shares of TreeHouse Foods by 304.7% during the second quarter. GAMMA Investing LLC now owns 1,291 shares of the company’s stock worth $47,000 after buying an additional 972 shares in the last quarter. 99.81% of the stock is currently owned by 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.