TreeHouse Foods (NYSE:THS) Stock Rating Lowered by StockNews.com

TreeHouse Foods (NYSE:THS - Get Free Report) was downgraded by research analysts at StockNews.com from a "hold" rating to a "sell" rating in a report issued on Monday.

A number of other equities research analysts also recently commented on THS. Barclays lifted their target price on TreeHouse Foods from $32.00 to $35.00 and gave the stock an "equal weight" rating in a report on Friday, January 17th. Consumer Edge cut TreeHouse Foods from an "overweight" rating to an "equal weight" rating in a research report on Friday, November 15th. Truist Financial dropped their price target on 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, Stifel Nicolaus boosted their price target on TreeHouse Foods from $32.00 to $35.00 and gave the stock a "hold" rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $35.40.

TreeHouse Foods Stock Down 0.1 %

THS traded down $0.04 on Monday, hitting $33.22. The company had a trading volume of 2,159,277 shares, compared to its average volume of 581,734. The stock has a fifty day moving average price of $34.28 and a 200-day moving average price of $37.25. 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 quick ratio of 0.53 and a current ratio of 1.40. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of -70.67 and a beta of 0.22.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its quarterly earnings results on Friday, February 14th. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.02). The business had revenue of $905.70 million during the quarter, compared to analyst estimates of $907.71 million. TreeHouse Foods had a positive return on equity of 5.94% and a negative net margin of 0.72%. TreeHouse Foods's revenue was down .5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.77 EPS. Analysts predict that TreeHouse Foods will post 1.96 EPS for the current fiscal year.

Hedge Funds Weigh In On TreeHouse Foods

Several large investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD lifted its stake in TreeHouse Foods by 7.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 40,436 shares of the company's stock worth $1,421,000 after acquiring an additional 2,865 shares in the last quarter. Hsbc Holdings PLC increased its holdings in shares of TreeHouse Foods by 4.5% in the 4th quarter. Hsbc Holdings PLC now owns 9,024 shares of the company's stock valued at $317,000 after acquiring an additional 385 shares during the last quarter. MetLife Investment Management LLC increased its holdings in shares of TreeHouse Foods by 8.4% in the 4th quarter. MetLife Investment Management LLC now owns 29,128 shares of the company's stock valued at $1,023,000 after acquiring an additional 2,268 shares during the last quarter. Dimensional Fund Advisors LP increased its position in TreeHouse Foods by 4.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,296,849 shares of the company's stock worth $115,818,000 after buying an additional 137,744 shares during the period. Finally, Marshall Wace LLP acquired a new position in TreeHouse Foods during the fourth quarter worth approximately $5,366,000. Institutional investors and hedge funds own 99.81% of the company's stock.

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.