TreeHouse Foods, Inc. (NYSE:THS) Given Consensus Recommendation of "Hold" by Analysts

TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) has been assigned an average rating of "Hold" from the six analysts that are currently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $34.20.

Several research firms have commented on THS. Mizuho lifted their price target on TreeHouse Foods from $37.00 to $40.00 and gave the stock a "neutral" rating in a research report on Monday, August 26th. Barclays lowered their price objective on shares of TreeHouse Foods from $39.00 to $32.00 and set an "equal weight" rating on the stock in a research report on Wednesday, November 13th. Consumer Edge downgraded shares of TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a research note on Friday, November 15th. StockNews.com raised TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, August 6th. Finally, Stifel Nicolaus dropped their target price on TreeHouse Foods from $41.00 to $32.00 and set a "hold" rating on the stock in a report on Wednesday, November 13th.

TreeHouse Foods Trading Up 2.7 %

Shares of NYSE:THS traded up $0.93 during trading hours on Thursday, reaching $35.17. The stock had a trading volume of 243,516 shares, compared to its average volume of 521,746. The firm's 50 day moving average is $39.03 and its 200-day moving average is $38.13. TreeHouse Foods has a 1 year low of $28.04 and a 1 year high of $43.84. The company has a current ratio of 1.40, a quick ratio of 0.53 and a debt-to-equity ratio of 0.90.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.75 by ($0.01). The business had revenue of $854.40 million for the quarter, compared to analyst estimates of $881.15 million. TreeHouse Foods had a positive return on equity of 5.94% and a negative net margin of 0.72%. The company's revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.57 earnings per share. On average, analysts forecast that TreeHouse Foods will post 2.08 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Kristy N. Waterman sold 3,000 shares of the firm's stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $42.34, for a total value of $127,020.00. Following the transaction, the executive vice president now directly owns 20,784 shares in the company, valued at approximately $879,994.56. This trade represents a 12.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.90% of the company's stock.

Institutional Investors Weigh In On TreeHouse Foods

Several large investors have recently added to or reduced their stakes in the stock. Canada Pension Plan Investment Board acquired a new stake in TreeHouse Foods in the 2nd quarter valued at approximately $37,000. 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 worth $42,000 after purchasing an additional 296 shares during the period. Innealta Capital LLC bought a new position in TreeHouse Foods in the 2nd quarter valued at about $44,000. GAMMA Investing LLC increased its stake in TreeHouse Foods by 304.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,291 shares of the company's stock valued at $47,000 after buying an additional 972 shares during the period. Finally, Rothschild Investment LLC acquired a new stake in shares of TreeHouse Foods in the 2nd quarter worth approximately $67,000. 99.81% of the stock is owned by institutional investors and hedge funds.

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.