TreeHouse Foods (NYSE:THS) Hits New 1-Year Low - What's Next?

TreeHouse Foods, Inc. (NYSE:THS - Get Free Report)'s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $26.02 and last traded at $26.23, with a volume of 462246 shares changing hands. The stock had previously closed at $26.35.

Wall Street Analyst Weigh In

Several research firms recently commented on THS. StockNews.com raised shares of TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. Barclays raised their price objective on TreeHouse Foods from $35.00 to $36.00 and gave the company an "equal weight" rating in a research note 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 research note on Friday, January 24th. Finally, Jefferies Financial Group reduced their price target on TreeHouse Foods from $37.00 to $31.00 and set a "hold" rating on the stock in a research report on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating, According to data from MarketBeat, TreeHouse Foods has a consensus rating of "Hold" and a consensus price target of $34.83.

TreeHouse Foods Trading Down 1.2 %

The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 1.36. The stock has a market capitalization of $1.36 billion, a P/E ratio of 50.11 and a beta of 0.15. The stock has a 50-day moving average price of $31.32 and a two-hundred day moving average price of $35.03.

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TreeHouse Foods (NYSE:THS - Get Free Report) last released 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). TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The company had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 million. During the same quarter last year, the firm earned $0.77 EPS. The business's revenue was down .5% on a year-over-year basis. On average, research analysts forecast that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.

Institutional Trading of TreeHouse Foods

Institutional investors and hedge funds have recently bought and sold shares of the stock. Intech Investment Management LLC purchased a new position in shares of TreeHouse Foods in the 3rd quarter valued at approximately $522,000. Charles Schwab Investment Management Inc. raised its holdings in TreeHouse Foods by 1.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 868,451 shares of the company's stock worth $36,458,000 after purchasing an additional 14,297 shares in the last quarter. FMR LLC lifted its position in TreeHouse Foods by 28.1% during the third quarter. FMR LLC now owns 2,740,048 shares of the company's stock valued at $115,027,000 after buying an additional 600,723 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of TreeHouse Foods by 4.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,657 shares of the company's stock valued at $447,000 after buying an additional 481 shares in the last quarter. Finally, Verition Fund Management LLC purchased a new stake in shares of TreeHouse Foods in the 3rd quarter worth about $1,202,000. 99.81% of the stock is currently owned by hedge funds and other institutional investors.

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.