TreeHouse Foods (THS) Set to Announce Earnings on Tuesday

TreeHouse Foods (NYSE:THS) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect TreeHouse Foods to post earnings of $0.74 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

TreeHouse Foods (NYSE:THS) last posted its quarterly earnings data on Monday, August 5th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.16. The firm had revenue of $788.50 million for the quarter, compared to the consensus estimate of $784.10 million. TreeHouse Foods had a positive return on equity of 5.42% and a negative net margin of 0.41%. The business’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.42 EPS. On average, analysts expect TreeHouse Foods to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

TreeHouse Foods Price Performance

Shares of THS stock opened at $37.52 on Tuesday. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of -138.96 and a beta of 0.23. TreeHouse Foods has a 12 month low of $33.28 and a 12 month high of $43.84. 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 stock has a 50-day moving average price of $40.65 and a 200 day moving average price of $38.31.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on THS. Barclays increased their price objective on shares of TreeHouse Foods from $36.00 to $39.00 and gave the company an “equal weight” rating in a report on Tuesday, August 6th. StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, August 6th. Mizuho upped their price objective on TreeHouse Foods from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, August 26th. Finally, Stifel Nicolaus raised their target price on TreeHouse Foods from $36.00 to $41.00 and gave the stock a “hold” rating in a report on Tuesday, August 6th. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat, TreeHouse Foods presently has an average rating of “Hold” and an average price target of $38.40.

Insider Activity

In other TreeHouse Foods news, EVP Kristy N. Waterman sold 3,000 shares of the stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $42.34, for a total value of $127,020.00. Following the completion of the sale, the executive vice president now directly owns 20,784 shares in the company, valued at $879,994.56. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is owned by company insiders.

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.