TreeHouse Foods, Inc. (NYSE:THS) Receives Average Rating of "Hold" from Analysts

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

A number of research analysts recently commented on the stock. Barclays increased their target price on shares of TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 18th. Jefferies Financial Group dropped their price objective on TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a report on Tuesday, February 18th. Stifel Nicolaus boosted their target price on TreeHouse Foods from $32.00 to $35.00 and gave the company a "hold" rating in a report on Friday, January 24th. Finally, StockNews.com upgraded TreeHouse Foods from a "sell" rating to a "hold" rating in a research note on Tuesday, February 18th.

TreeHouse Foods Stock Down 1.2 %

Shares of THS stock traded down $0.33 on Wednesday, reaching $27.06. 395,689 shares of the stock were exchanged, compared to its average volume of 561,081. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 50.11 and a beta of 0.15. The business's 50 day moving average price is $31.32 and its 200 day moving average price is $34.98. 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 has a twelve month low of $25.69 and a twelve month high of $43.84.

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

Hedge Funds Weigh In On TreeHouse Foods

Several institutional investors have recently bought and sold shares of the company. Pullen Investment Management LLC increased its stake in shares of 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 acquiring an additional 20,304 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in TreeHouse Foods by 10.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 117,296 shares of the company's stock valued at $4,121,000 after purchasing an additional 10,746 shares in the last quarter. Voloridge Investment Management LLC acquired a new position in TreeHouse Foods during the 4th quarter worth approximately $5,613,000. Vident Advisory LLC purchased a new position in shares of TreeHouse Foods during the 4th quarter worth approximately $223,000. Finally, Two Sigma Advisers LP purchased a new position in shares of TreeHouse Foods during the 4th quarter worth approximately $696,000. 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.