TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $17.08 and last traded at $17.41, with a volume of 785395 shares traded. The stock had previously closed at $17.46.
Wall Street Analysts Forecast Growth
THS has been the topic of a number of analyst reports. Barclays dropped their price target on TreeHouse Foods from $25.00 to $21.00 and set an "equal weight" rating on the stock in a research note on Tuesday, July 15th. Mizuho dropped their target price on TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating on the stock in a research report on Monday, July 28th. Finally, Stifel Nicolaus dropped their price objective on TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating for the company in a report on Tuesday, July 29th. Seven research analysts have rated the stock with a Hold rating, According to MarketBeat.com, TreeHouse Foods presently has an average rating of "Hold" and a consensus target price of $24.00.
Check Out Our Latest Report on TreeHouse Foods
TreeHouse Foods Stock Up 0.4%
The firm has a 50 day moving average of $18.86 and a 200-day moving average of $21.82. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.26 and a quick ratio of 0.38. The stock has a market capitalization of $877.69 million, a P/E ratio of 44.57 and a beta of 0.26.
TreeHouse Foods (NYSE:THS - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.07. TreeHouse Foods had a net margin of 0.62% and a return on equity of 6.35%. The company had revenue of $801.40 million for the quarter, compared to the consensus estimate of $788.84 million. During the same period in the prior year, the company posted $0.29 EPS. The company's revenue was up 1.2% compared to the same quarter last year. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts expect that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current fiscal year.
Institutional Investors Weigh In On TreeHouse Foods
Several institutional investors and hedge funds have recently modified their holdings of THS. GAMMA Investing LLC increased its holdings in TreeHouse Foods by 1,328.7% in the 1st quarter. GAMMA Investing LLC now owns 9,644 shares of the company's stock worth $261,000 after buying an additional 8,969 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of TreeHouse Foods in the first quarter valued at $1,025,000. Hsbc Holdings PLC increased its stake in TreeHouse Foods by 8.8% during the first quarter. Hsbc Holdings PLC now owns 9,814 shares of the company's stock worth $268,000 after acquiring an additional 790 shares during the last quarter. Sessa Capital IM L.P. boosted its holdings in TreeHouse Foods by 29.5% in the first quarter. Sessa Capital IM L.P. now owns 4,200,000 shares of the company's stock valued at $113,778,000 after purchasing an additional 957,517 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of TreeHouse Foods by 0.7% in the 1st quarter. Principal Financial Group Inc. now owns 225,073 shares of the company's stock worth $6,097,000 after purchasing an additional 1,551 shares during the last quarter. Institutional investors own 99.81% of the company's stock.
TreeHouse Foods Company Profile
(
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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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