Q4 EPS Estimates for TreeHouse Foods Decreased by Analyst

TreeHouse Foods, Inc. (NYSE:THS) – Stock analysts at William Blair dropped their Q4 2024 earnings per share (EPS) estimates for TreeHouse Foods in a research note issued on Tuesday, November 12th. William Blair analyst J. Andersen now anticipates 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 brokerages have also issued reports on THS. StockNews.com raised shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, August 6th. Truist Financial decreased their price objective on TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating for the company in a research note on Wednesday. Barclays cut their target price on TreeHouse Foods from $39.00 to $32.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Stifel Nicolaus decreased their price target on shares of TreeHouse Foods from $41.00 to $32.00 and set a “hold” rating for the company in a research report on Wednesday. Finally, Mizuho lifted their price objective on shares of TreeHouse Foods from $37.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, August 26th. Seven research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $34.20.

TreeHouse Foods Trading Down 2.6 %

NYSE THS opened at $32.41 on Friday. The company’s 50-day simple moving average is $39.50 and its two-hundred day simple moving average is $38.22. TreeHouse Foods has a one year low of $28.04 and a one year high of $43.84. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of -68.96 and a beta of 0.23. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.52 and a current ratio of 1.40.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.74 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 firm had revenue of $854.40 million for the quarter, compared to analysts’ expectations of $881.15 million. During the same quarter in the prior year, the business posted $0.57 EPS. The business’s quarterly revenue was down 1.0% on a year-over-year basis.

Insider Activity

In related news, EVP Kristy N. Waterman sold 3,000 shares of the firm’s stock in a transaction on 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 transaction, the executive vice president now owns 20,784 shares in the company, valued at $879,994.56. This trade represents a 12.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.90% of the company’s stock.

Institutional Trading of TreeHouse Foods

Large investors have recently made changes to their positions in the business. Signaturefd LLC lifted its holdings in TreeHouse Foods by 42.1% in the third quarter. Signaturefd LLC now owns 999 shares of the company’s stock valued at $42,000 after acquiring an additional 296 shares during the period. Pullen Investment Management LLC lifted its stake in shares of TreeHouse Foods by 2.0% in the 2nd quarter. Pullen Investment Management LLC now owns 21,186 shares of the company’s stock valued at $776,000 after purchasing an additional 408 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of TreeHouse Foods by 4.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,657 shares of the company’s stock valued at $447,000 after purchasing an additional 481 shares during the period. Verdence Capital Advisors LLC grew 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 buying an additional 499 shares during the period. Finally, KBC Group NV grew its position in TreeHouse Foods by 40.9% during the third quarter. KBC Group NV now owns 1,943 shares of the company’s stock valued at $82,000 after buying an additional 564 shares during the period. 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.