TreeHouse Foods (NYSE:THS) Price Target Lowered to $19.00 at Stifel Nicolaus

Key Points

• Stifel Nicolaus has lowered the price target for TreeHouse Foods from $21.00 to $19.00, indicating a potential downside of 0.19% from the current stock price.
• TreeHouse Foods reported a quarterly earnings per share (EPS) of $0.17, exceeding analysts' expectations by $0.07, while its revenue was up 1.2% from the previous year.
• Currently, TreeHouse Foods has a majority of its stock held by institutional investors, accounting for 99.81% of shares, suggesting strong institutional confidence.

TreeHouse Foods (NYSE:THS - Get Free Report) had its price objective decreased by equities researchers at Stifel Nicolaus from $21.00 to $19.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a "hold" rating on the stock. Stifel Nicolaus' price target indicates a potential downside of 0.19% from the company's current price.

Several other brokerages have also issued reports on THS. Mizuho decreased their price target on shares of TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating for the company in a report on Monday, July 28th. Barclays decreased their price target on shares of TreeHouse Foods from $25.00 to $21.00 and set an "equal weight" rating for the company in a report on Tuesday, July 15th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of TreeHouse Foods in a report on Wednesday, October 8th. Seven equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, TreeHouse Foods currently has an average rating of "Reduce" and an average target price of $23.33.

TreeHouse Foods Trading Down 0.3%

Shares of TreeHouse Foods stock traded down $0.06 on Friday, hitting $19.04. 33,504 shares of the company's stock traded hands, compared to its average volume of 750,594. The firm's 50-day moving average price is $18.54 and its two-hundred day moving average price is $20.41. The stock has a market capitalization of $961.32 million, a PE ratio of 48.72 and a beta of 0.26. TreeHouse Foods has a one year low of $15.85 and a one year high of $40.77. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.26 and a quick ratio of 0.38.

TreeHouse Foods (NYSE:THS - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.10 by $0.07. The company had revenue of $801.40 million during the quarter, compared to analysts' expectations of $788.84 million. TreeHouse Foods had a net margin of 0.62% and a return on equity of 6.35%. The business's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts expect that TreeHouse Foods will post 1.94 EPS for the current fiscal year.

Institutional Investors Weigh In On TreeHouse Foods

Several hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in TreeHouse Foods by 320.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,355 shares of the company's stock valued at $26,000 after purchasing an additional 1,033 shares during the last quarter. Blue Trust Inc. lifted its stake in TreeHouse Foods by 50.7% in the 2nd quarter. Blue Trust Inc. now owns 2,878 shares of the company's stock valued at $56,000 after purchasing an additional 968 shares during the last quarter. GAMMA Investing LLC lifted its stake in TreeHouse Foods by 719.7% in the 2nd quarter. GAMMA Investing LLC now owns 2,918 shares of the company's stock valued at $57,000 after purchasing an additional 2,562 shares during the last quarter. State of Wyoming acquired a new stake in TreeHouse Foods in the 1st quarter valued at about $93,000. Finally, Canada Pension Plan Investment Board acquired a new stake in TreeHouse Foods in the 2nd quarter valued at about $70,000. 99.81% of the stock is currently owned by institutional investors and hedge funds.

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.

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