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

TreeHouse Foods, Inc. (NYSE:THS) has received a consensus rating of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating. The average 1-year price target among analysts that have issued a report on the stock in the last year is $35.40.

A number of equities analysts have issued reports on the company. Stifel Nicolaus increased their price objective on TreeHouse Foods from $32.00 to $35.00 and gave the stock a “hold” rating in a report on Friday, January 24th. Consumer Edge lowered shares of TreeHouse Foods from an “overweight” rating to an “equal weight” rating in a research note on Friday, November 15th. Truist Financial dropped their price objective on shares of TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating on the stock in a research note on Wednesday, November 13th. StockNews.com raised shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a research note on Thursday, January 23rd. Finally, Barclays upped their price target on TreeHouse Foods from $32.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Friday, January 17th.

Institutional Investors Weigh In On TreeHouse Foods

Several institutional investors have recently modified their holdings of the business. Signaturefd LLC grew its position in TreeHouse Foods by 42.1% in the 3rd quarter. Signaturefd LLC now owns 999 shares of the company’s stock worth $42,000 after purchasing an additional 296 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of TreeHouse Foods by 4.7% in the third quarter. BNP Paribas Financial Markets now owns 10,657 shares of the company’s stock worth $447,000 after acquiring an additional 481 shares during the period. Verdence Capital Advisors LLC increased its position in TreeHouse Foods by 5.8% during the third quarter. Verdence Capital Advisors LLC now owns 9,074 shares of the company’s stock valued at $381,000 after acquiring an additional 499 shares during the last quarter. KBC Group NV lifted its holdings in TreeHouse Foods by 40.9% in the third quarter. KBC Group NV now owns 1,943 shares of the company’s stock valued at $82,000 after acquiring an additional 564 shares during the period. Finally, Blue Trust Inc. increased its holdings in TreeHouse Foods by 456.7% during the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company’s stock valued at $39,000 after buying an additional 918 shares during the last quarter. 99.81% of the stock is owned by hedge funds and other institutional investors.

TreeHouse Foods Stock Down 0.3 %

NYSE THS opened at $34.42 on Tuesday. The business’s 50-day moving average is $34.39 and its 200 day moving average is $37.49. The stock has a market capitalization of $1.76 billion, a PE ratio of -73.22 and a beta of 0.22. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.40 and a quick ratio of 0.53. TreeHouse Foods has a 1 year low of $28.04 and a 1 year high of $43.84.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01). TreeHouse Foods had a positive return on equity of 5.94% and a negative net margin of 0.72%. The company had revenue of $854.40 million during the quarter, compared to the consensus estimate of $881.15 million. During the same period in the previous year, the company earned $0.57 earnings per share. TreeHouse Foods’s quarterly revenue was down 1.0% on a year-over-year basis. Sell-side analysts forecast that TreeHouse Foods will post 1.96 earnings per share for the current year.

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.