TreeHouse Foods, Inc. (NYSE:THS - Get Free Report)'s stock price traded down 4% during mid-day trading on Monday . The company traded as low as $20.56 and last traded at $20.43. 54,601 shares traded hands during trading, a decline of 93% from the average session volume of 759,061 shares. The stock had previously closed at $21.27.
Wall Street Analysts Forecast Growth
THS has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of TreeHouse Foods in a report on Saturday, September 27th. Mizuho reduced their price objective on shares of TreeHouse Foods from $24.00 to $22.00 and set a "neutral" rating for the company in a research note on Monday, July 28th. Barclays lowered their target price on shares of 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 reduced their price target on shares of TreeHouse Foods from $24.00 to $23.00 and set a "hold" rating for the company in a research report on Tuesday, July 29th. Seven analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, TreeHouse Foods has an average rating of "Reduce" and an average price target of $24.00.
Read Our Latest Stock Analysis on TreeHouse Foods
TreeHouse Foods Stock Down 3.5%
The company has a market cap of $1.04 billion, a P/E ratio of 52.62 and a beta of 0.26. The stock has a 50-day moving average of $18.48 and a two-hundred day moving average of $20.99. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.38 and a current ratio of 1.26.
TreeHouse Foods (NYSE:THS - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.17 earnings per share for the quarter, topping 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 firm had revenue of $801.40 million during the quarter, compared to analyst estimates of $788.84 million. During the same period in the previous year, the business posted $0.29 EPS. The business's quarterly revenue was up 1.2% on a year-over-year basis. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current fiscal year.
Institutional Investors Weigh In On TreeHouse Foods
A number of hedge funds and other institutional investors have recently modified their holdings of THS. Sessa Capital IM L.P. increased its stake in TreeHouse Foods by 29.5% in the 1st quarter. Sessa Capital IM L.P. now owns 4,200,000 shares of the company's stock worth $113,778,000 after purchasing an additional 957,517 shares during the period. Marshall Wace LLP increased its stake in shares of TreeHouse Foods by 379.3% in the second quarter. Marshall Wace LLP now owns 332,730 shares of the company's stock worth $6,462,000 after buying an additional 263,303 shares during the period. Bridgeway Capital Management LLC purchased a new position in shares of TreeHouse Foods in the first quarter worth $6,730,000. Dark Forest Capital Management LP bought a new stake in TreeHouse Foods during the 1st quarter valued at $5,798,000. Finally, Ameriprise Financial Inc. boosted its position in TreeHouse Foods by 115.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 389,550 shares of the company's stock valued at $7,565,000 after buying an additional 208,966 shares during the period. Institutional investors own 99.81% of the company's stock.
TreeHouse Foods Company Profile
(
Get Free Report)
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.
Further Reading
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