TreeHouse Foods (NYSE:THS) Price Target Cut to $26.00 by Analysts at Stifel Nicolaus

TreeHouse Foods (NYSE:THS - Free Report) had its price objective decreased by Stifel Nicolaus from $35.00 to $26.00 in a research note issued to investors on Friday morning,Benzinga reports. Stifel Nicolaus currently has a hold rating on the stock.

Other equities analysts have also recently issued reports about the company. StockNews.com upgraded TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Barclays lifted their target price on TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a report on Tuesday, February 18th. Finally, Jefferies Financial Group lowered their price target on shares of TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a report on Tuesday, February 18th. Eight analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $31.67.

TreeHouse Foods Stock Performance

Shares of THS stock traded down $0.30 on Friday, hitting $22.01. 256,825 shares of the stock were exchanged, compared to its average volume of 572,654. The firm's 50 day moving average is $28.42 and its two-hundred day moving average is $33.30. TreeHouse Foods has a one year low of $21.46 and a one year high of $43.84. The firm has a market capitalization of $1.10 billion, a PE ratio of 40.76 and a beta of 0.40. The company has a current ratio of 1.36, a quick ratio of 0.63 and a debt-to-equity ratio of 0.90.

TreeHouse Foods (NYSE:THS - Get Free Report) last posted its earnings results on Friday, February 14th. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.02). The business had revenue of $905.70 million during the quarter, compared to analysts' expectations of $907.71 million. TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. TreeHouse Foods's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.77 EPS. Sell-side analysts expect that TreeHouse Foods will post 1.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TreeHouse Foods

Hedge funds have recently bought and sold shares of the stock. Wedge Capital Management L L P NC raised its position in shares of TreeHouse Foods by 44.1% during the 1st quarter. Wedge Capital Management L L P NC now owns 54,765 shares of the company's stock valued at $1,484,000 after buying an additional 16,751 shares in the last quarter. GAMMA Investing LLC raised its position in TreeHouse Foods by 1,328.7% during the first quarter. GAMMA Investing LLC now owns 9,644 shares of the company's stock valued at $261,000 after purchasing an additional 8,969 shares in the last quarter. Pullen Investment Management LLC lifted its stake in TreeHouse Foods by 83.4% during the fourth quarter. Pullen Investment Management LLC now owns 44,646 shares of the company's stock worth $1,568,000 after purchasing an additional 20,304 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in TreeHouse Foods by 10.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 117,296 shares of the company's stock worth $4,121,000 after purchasing an additional 10,746 shares during the last quarter. Finally, Voloridge Investment Management LLC purchased a new position in shares of TreeHouse Foods in the 4th quarter worth about $5,613,000. 99.81% of the stock is currently owned by institutional investors.

TreeHouse Foods Company Profile

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.