TreeHouse Foods (THS) Scheduled to Post Earnings on Tuesday

TreeHouse Foods (NYSE:THS - Get Free Report) will release its earnings data before the market opens on Tuesday, November 12th. Analysts expect TreeHouse Foods to post earnings of $0.74 per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted its quarterly earnings results 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 analyst estimates of $784.10 million. TreeHouse Foods had a negative net margin of 0.41% and a positive return on equity of 5.42%. The company's quarterly revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 earnings per share. 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 Stock Performance

NYSE:THS traded down $0.46 on Tuesday, hitting $37.06. The company's stock had a trading volume of 640,925 shares, compared to its average volume of 488,110. The stock has a fifty day moving average of $40.58 and a two-hundred day moving average of $38.32. TreeHouse Foods has a one year low of $33.28 and a one year high of $43.84. The firm has a market capitalization of $1.95 billion, a P/E ratio of -138.96 and a beta of 0.23. The company has a current ratio of 1.44, a quick ratio of 0.52 and a debt-to-equity ratio of 0.90.

Insider Activity

In other news, EVP Kristy N. Waterman sold 3,000 shares of the business'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 completion of the sale, the executive vice president now owns 20,784 shares in the company, valued at $879,994.56. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.90% of the company's stock.

Analyst Upgrades and Downgrades

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

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.