TreeHouse Foods (NYSE:THS) Sets New 12-Month Low - What's Next?

TreeHouse Foods, Inc. (NYSE:THS - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $21.39 and last traded at $21.57, with a volume of 79136 shares. The stock had previously closed at $22.10.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on THS shares. Barclays boosted their price objective on TreeHouse Foods from $35.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 18th. TD Cowen cut their target price on shares of TreeHouse Foods from $32.00 to $27.00 and set a "hold" rating on the stock in a research report on Friday, April 11th. Jefferies Financial Group reduced their target price on shares of 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 cut their price target on shares of TreeHouse Foods from $35.00 to $26.00 and set a "hold" rating on the stock in a report on Friday, April 11th. Finally, StockNews.com upgraded TreeHouse Foods from a "sell" rating to a "hold" rating in a report on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating, According to MarketBeat.com, TreeHouse Foods presently has an average rating of "Hold" and an average target price of $31.67.

TreeHouse Foods Stock Performance

The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 40.50 and a beta of 0.40. The company has a 50 day moving average price of $27.71 and a 200 day moving average price of $32.85. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 1.36.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $907.71 million. During the same quarter last year, the business posted $0.77 earnings per share. TreeHouse Foods's revenue was down .5% on a year-over-year basis. Equities research analysts predict that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in THS. FMR LLC grew its stake in TreeHouse Foods by 90.5% in the 4th quarter. FMR LLC now owns 5,219,543 shares of the company's stock valued at $183,363,000 after buying an additional 2,479,495 shares in the last quarter. Sessa Capital IM L.P. lifted its holdings in TreeHouse Foods by 121.9% during the 4th quarter. Sessa Capital IM L.P. now owns 3,242,483 shares of the company's stock worth $113,908,000 after purchasing an additional 1,781,179 shares in the last quarter. Raymond James Financial Inc. bought a new position in TreeHouse Foods in the 4th quarter worth about $10,362,000. JPMorgan Chase & Co. grew its holdings in TreeHouse Foods by 187.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company's stock valued at $13,284,000 after buying an additional 206,411 shares in the last quarter. Finally, Kestrel Investment Management Corp bought a new stake in shares of TreeHouse Foods during the fourth quarter valued at about $6,058,000. Institutional investors 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.

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