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

Shares of TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) have earned a consensus recommendation of "Hold" from the six analysts that are covering the company, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation. The average 1 year price target among analysts that have covered the stock in the last year is $35.40.

THS has been the subject of several recent analyst reports. Truist Financial lowered their price target on TreeHouse Foods from $35.00 to $30.00 and set a "hold" rating for the company in a report on Wednesday, November 13th. StockNews.com upgraded shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Thursday, January 23rd. Barclays increased their price target on TreeHouse Foods from $32.00 to $35.00 and gave the stock an "equal weight" rating in a research report on Friday, January 17th. Stifel Nicolaus boosted their price objective on TreeHouse Foods from $32.00 to $35.00 and gave the company a "hold" rating in a report on Friday, January 24th. Finally, Consumer Edge lowered TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a report on Friday, November 15th.

TreeHouse Foods Stock Down 0.3 %

NYSE THS traded down $0.10 during trading on Tuesday, reaching $33.93. 545,026 shares of the company's stock traded hands, compared to its average volume of 480,357. The firm has a market cap of $1.74 billion, a price-to-earnings ratio of -72.19 and a beta of 0.22. TreeHouse Foods has a 12-month low of $28.04 and a 12-month high of $43.84. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.40 and a quick ratio of 0.53. The company's 50 day simple moving average is $34.34 and its two-hundred day simple moving average is $37.42.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its earnings results on Tuesday, November 12th. The company reported $0.74 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 firm had revenue of $854.40 million during the quarter, compared to the consensus estimate of $881.15 million. During the same quarter in the prior year, the firm posted $0.57 earnings per share. The business's revenue for the quarter was down 1.0% compared to the same quarter last year. As a group, sell-side analysts forecast that TreeHouse Foods will post 1.96 EPS for the current fiscal year.

Institutional Investors Weigh In On TreeHouse Foods

A number of institutional investors have recently modified their holdings of the business. Blue Trust Inc. grew its holdings in TreeHouse Foods by 456.7% in the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock valued at $39,000 after purchasing an additional 918 shares during the period. Signaturefd LLC grew its stake in TreeHouse Foods by 42.1% in the 3rd 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. KBC Group NV grew its stake in TreeHouse Foods by 40.9% in the 3rd 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. GAMMA Investing LLC increased its holdings in TreeHouse Foods by 95.1% in the 3rd quarter. GAMMA Investing LLC now owns 2,519 shares of the company's stock worth $106,000 after acquiring an additional 1,228 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC acquired a new position in TreeHouse Foods during the fourth quarter worth $216,000. 99.81% of the stock is currently owned by institutional investors and hedge funds.

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.