TreeHouse Foods (NYSE:THS) Stock Price Down 4% - What's Next?

Key Points

• TreeHouse Foods' stock price fell by 4%, trading at $18.99, with a significant drop in trading volume of 65% compared to the average.
• Equities analysts have generally rated the stock with a consensus "Reduce" rating and an average price target of $24.00, following recent adjustments to their ratings from firms like Mizuho, Barclays, and Stifel Nicolaus.
• For Q2, TreeHouse Foods reported an earnings per share (EPS) of $0.17, exceeding estimates, with revenues of $801.40 million, marking a year-over-year increase of 1.2%.

TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) traded down 4% on Monday . The stock traded as low as $18.99 and last traded at $18.99. 263,925 shares changed hands during trading, a decline of 65% from the average session volume of 759,543 shares. The stock had previously closed at $19.77.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Weiss Ratings reissued a "sell (d+)" rating on shares of TreeHouse Foods in a research note on Wednesday, October 8th. Mizuho lowered their price target on TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating for the company in a report on Monday, July 28th. Barclays reduced their price objective 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. Finally, Stifel Nicolaus decreased their price objective on shares of TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating for the company in a report on Tuesday, July 29th. Seven investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average price target of $24.00.

TreeHouse Foods Stock Down 3.8%

The firm has a market capitalization of $960.26 million, a PE ratio of 48.77 and a beta of 0.26. The company has a current ratio of 1.26, a quick ratio of 0.38 and a debt-to-equity ratio of 0.98. The business's 50 day simple moving average is $18.47 and its 200 day simple moving average is $20.77.

TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.10 by $0.07. The firm had revenue of $801.40 million during the quarter, compared to analyst estimates of $788.84 million. TreeHouse Foods had a net margin of 0.62% and a return on equity of 6.35%. TreeHouse Foods's revenue was up 1.2% on a year-over-year basis. During the same period last year, the firm posted $0.29 EPS. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts forecast that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current year.

Institutional Trading of TreeHouse Foods

Several institutional investors have recently added to or reduced their stakes in the business. Illinois Municipal Retirement Fund boosted its position in TreeHouse Foods by 2.3% during the 1st quarter. Illinois Municipal Retirement Fund now owns 25,462 shares of the company's stock valued at $690,000 after acquiring an additional 562 shares in the last quarter. Hsbc Holdings PLC grew its holdings in shares of 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 buying an additional 790 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in TreeHouse Foods by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,676 shares of the company's stock valued at $750,000 after acquiring an additional 838 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of TreeHouse Foods by 7.9% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,669 shares of the company's stock valued at $227,000 after buying an additional 857 shares during the period. Finally, HighTower Advisors LLC grew its stake in shares of TreeHouse Foods by 8.9% in the first quarter. HighTower Advisors LLC now owns 10,520 shares of the company's stock worth $285,000 after acquiring an additional 861 shares in the last quarter. Institutional investors own 99.81% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.