TreeHouse Foods, Inc. (NYSE:THS) Receives Average Recommendation of "Reduce" from Analysts

Shares of TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) have been assigned a consensus rating of "Reduce" from the nine brokerages that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $24.6667.

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THS has been the subject of several analyst reports. Zacks Research cut shares of TreeHouse Foods from a "hold" rating to a "strong sell" rating in a report on Friday, October 24th. Barclays increased their price objective on TreeHouse Foods from $21.00 to $23.00 and gave the stock an "equal weight" rating in a research report on Tuesday, November 11th. Truist Financial boosted their target price on shares of TreeHouse Foods from $20.00 to $22.50 and gave the stock a "hold" rating in a research report on Thursday, November 13th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of TreeHouse Foods in a research note on Tuesday, November 25th. Finally, Stifel Nicolaus raised their price objective on shares of TreeHouse Foods from $19.00 to $22.50 and gave the company a "hold" rating in a research note on Tuesday, November 11th.

Get Our Latest Stock Analysis on TreeHouse Foods

Institutional Investors Weigh In On TreeHouse Foods

• TreeHouse Foods Near Buy Point With Focus On High-Margin Products

A number of institutional investors and hedge funds have recently modified their holdings of the company. Penn Capital Management Company LLC raised its holdings in TreeHouse Foods by 24.2% during the third quarter. Penn Capital Management Company LLC now owns 111,105 shares of the company's stock worth $2,245,000 after purchasing an additional 21,649 shares during the last quarter. Dark Forest Capital Management LP grew its holdings in TreeHouse Foods by 581.3% in the third quarter. Dark Forest Capital Management LP now owns 203,813 shares of the company's stock valued at $4,119,000 after purchasing an additional 173,899 shares during the last quarter. Voloridge Investment Management LLC increased its position in shares of TreeHouse Foods by 143.1% in the third quarter. Voloridge Investment Management LLC now owns 407,798 shares of the company's stock valued at $8,242,000 after buying an additional 240,034 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in shares of TreeHouse Foods by 181.8% during the 3rd quarter. Qube Research & Technologies Ltd now owns 352,256 shares of the company's stock worth $7,119,000 after buying an additional 227,268 shares during the last quarter. Finally, Prelude Capital Management LLC purchased a new stake in shares of TreeHouse Foods in the 3rd quarter worth about $250,000. Institutional investors and hedge funds own 99.81% of the company's stock.

TreeHouse Foods Price Performance

TreeHouse Foods stock opened at $23.61 on Monday. The company has a fifty day simple moving average of $20.40 and a 200-day simple moving average of $20.17. The stock has a market cap of $1.19 billion, a P/E ratio of -4.92 and a beta of 0.25. TreeHouse Foods has a 12-month low of $15.85 and a 12-month high of $40.77. The company has a current ratio of 1.29, a quick ratio of 0.40 and a debt-to-equity ratio of 1.18.

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TreeHouse Foods (NYSE:THS - Get Free Report) last posted its earnings results on Monday, November 10th. The company reported $0.43 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.10). TreeHouse Foods had a negative net margin of 7.25% and a positive return on equity of 5.52%. The company had revenue of $841.90 million during the quarter, compared to analysts' expectations of $853.53 million. During the same period last year, the business earned ($0.07) earnings per share. The company's quarterly revenue was up .1% on a year-over-year basis. Equities analysts expect that TreeHouse Foods will post 1.94 EPS for the current fiscal year.

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.

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