Analysts Set TreeHouse Foods, Inc. (NYSE:THS) PT at $34.83

TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) has received a consensus rating of "Hold" from the seven research firms that are currently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold rating. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $34.83.

THS has been the topic of a number of research reports. Stifel Nicolaus lifted their price target on shares of TreeHouse Foods from $32.00 to $35.00 and gave the stock a "hold" rating in a report on Friday, January 24th. StockNews.com raised TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Consumer Edge lowered TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a report on Friday, November 15th. Truist Financial cut their target price on shares of TreeHouse Foods from $35.00 to $30.00 and set a "hold" rating for the company in a research report on Wednesday, November 13th. 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 research report on Tuesday, February 18th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Blue Trust Inc. increased its stake in TreeHouse Foods by 456.7% in the 4th quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock worth $39,000 after acquiring an additional 918 shares during the last quarter. KBC Group NV grew its holdings in shares of TreeHouse Foods by 40.9% during the third quarter. KBC Group NV now owns 1,943 shares of the company's stock worth $82,000 after purchasing an additional 564 shares in the last quarter. Sterling Capital Management LLC increased its position in shares of TreeHouse Foods by 134.4% in the fourth quarter. Sterling Capital Management LLC now owns 2,374 shares of the company's stock worth $83,000 after purchasing an additional 1,361 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in TreeHouse Foods by 58.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock valued at $142,000 after purchasing an additional 1,508 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new stake in TreeHouse Foods during the third quarter valued at approximately $218,000. Institutional investors own 99.81% of the company's stock.

TreeHouse Foods Stock Performance

Shares of THS traded down $0.31 on Friday, reaching $31.17. 757,376 shares of the company's stock traded hands, compared to its average volume of 531,122. The stock's 50 day simple moving average is $33.76 and its two-hundred day simple moving average is $36.66. The stock has a market cap of $1.56 billion, a PE ratio of 57.72 and a beta of 0.22. TreeHouse Foods has a 52-week low of $28.04 and a 52-week high of $43.84. 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 released its earnings results on Friday, February 14th. The company reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $0.97 by ($0.02). The business had revenue of $905.70 million for the quarter, compared to the consensus estimate of $907.71 million. TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The company's revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.77 earnings per share. On average, analysts forecast that TreeHouse Foods will post 1.94 earnings per share for the current fiscal year.

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.