Analysts Set TreeHouse Foods, Inc. (NYSE:THS) Price Target at $34.20

Shares of TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) have received a consensus rating of "Hold" from the six analysts that are currently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating. The average 1 year price target among brokers that have issued a report on the stock in the last year is $34.20.

Several research firms have commented on THS. Mizuho boosted their target price on TreeHouse Foods from $37.00 to $40.00 and gave the stock a "neutral" rating in a report on Monday, August 26th. Truist Financial reduced their price target 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. Stifel Nicolaus reduced their price objective on TreeHouse Foods from $41.00 to $32.00 and set a "hold" rating for the company in a report on Wednesday, November 13th. Consumer Edge downgraded shares of TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a research report on Friday, November 15th. Finally, Barclays dropped 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 report on Wednesday, November 13th.

TreeHouse Foods Stock Performance

THS traded down $0.19 during trading hours on Monday, hitting $34.34. The stock had a trading volume of 628,936 shares, compared to its average volume of 526,836. The company has a quick ratio of 0.53, a current ratio of 1.40 and a debt-to-equity ratio of 0.90. TreeHouse Foods has a 1 year low of $28.04 and a 1 year high of $43.84. The stock has a market cap of $1.76 billion, a PE ratio of -73.06 and a beta of 0.23. The company's fifty day simple moving average is $36.43 and its 200 day simple moving average is $38.05.

TreeHouse Foods (NYSE:THS - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.01). The company had revenue of $854.40 million during the quarter, compared to analysts' expectations of $881.15 million. TreeHouse Foods had a positive return on equity of 5.94% and a negative net margin of 0.72%. The firm's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.57 EPS. Equities analysts anticipate that TreeHouse Foods will post 1.96 earnings per share for the current year.

Institutional Investors Weigh In On TreeHouse Foods

Several institutional investors have recently made changes to their positions in THS. Canada Pension Plan Investment Board purchased a new stake in shares of TreeHouse Foods during the 2nd quarter valued at $37,000. Signaturefd LLC raised its position in shares of TreeHouse Foods by 42.1% during the 3rd quarter. Signaturefd LLC now owns 999 shares of the company's stock valued at $42,000 after acquiring an additional 296 shares in the last quarter. Innealta Capital LLC bought a new position in TreeHouse Foods in the second quarter worth about $44,000. Rothschild Investment LLC acquired a new position in TreeHouse Foods during the 2nd quarter valued at approximately $67,000. Finally, KBC Group NV increased its holdings in shares of TreeHouse Foods by 40.9% in the 3rd quarter. KBC Group NV now owns 1,943 shares of the company's stock worth $82,000 after acquiring an additional 564 shares during the period. 99.81% of the stock is currently owned by hedge funds and other institutional investors.

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.