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

Shares of TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) have received a consensus rating of "Hold" from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $31.67.

Several analysts have issued reports on the company. Jefferies Financial Group dropped their target price 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. StockNews.com raised TreeHouse Foods from a "sell" rating to a "hold" rating in a research report on Tuesday, February 18th. Barclays boosted their target price on shares of TreeHouse Foods from $35.00 to $36.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 18th. TD Cowen cut their price objective 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. Finally, Stifel Nicolaus decreased their target price on shares of TreeHouse Foods from $35.00 to $26.00 and set a "hold" rating for the company in a research report on Friday, April 11th.

TreeHouse Foods Trading Down 2.0 %

THS traded down $0.46 during trading on Friday, hitting $22.25. 61,824 shares of the stock were exchanged, compared to its average volume of 580,783. TreeHouse Foods has a 1 year low of $21.39 and a 1 year high of $43.84. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 41.14 and a beta of 0.40. The firm has a 50 day simple moving average of $27.08 and a 200 day simple moving average of $32.59. 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 released 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 firm had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.71 million. During the same quarter in the previous year, the firm earned $0.77 earnings per share. The business's revenue was down .5% compared to the same quarter last year. As a group, equities analysts expect that TreeHouse Foods will post 1.94 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Blue Trust Inc. boosted its stake in shares of TreeHouse Foods by 456.7% in the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company's stock worth $39,000 after acquiring an additional 918 shares during the last quarter. Sterling Capital Management LLC boosted its stake in TreeHouse Foods by 134.4% during the 4th quarter. Sterling Capital Management LLC now owns 2,374 shares of the company's stock worth $83,000 after purchasing an additional 1,361 shares during the last quarter. KBC Group NV grew its holdings in shares of TreeHouse Foods by 45.1% during the fourth quarter. KBC Group NV now owns 2,820 shares of the company's stock worth $99,000 after buying an additional 877 shares in the last quarter. CIBC Private Wealth Group LLC raised its position in shares of TreeHouse Foods by 58.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,101 shares of the company's stock valued at $142,000 after buying an additional 1,508 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC acquired a new stake in shares of TreeHouse Foods in the fourth quarter valued at about $216,000. 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.