TreeHouse Foods Inc. (THS) Receives $49.75 Consensus Price Target from Analysts

TreeHouse Foods Inc. (NYSE:THS) has earned an average rating of “Hold” from the twenty-one brokerages that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $49.75.

A number of research firms have recently weighed in on THS. Zacks Investment Research upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Monday, May 7th. Susquehanna Bancshares set a $39.00 target price on TreeHouse Foods and gave the company a “hold” rating in a report on Thursday, May 3rd. Credit Suisse Group raised their target price on TreeHouse Foods to $37.00 and gave the company a “neutral” rating in a report on Monday, May 7th. ValuEngine lowered TreeHouse Foods from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. Finally, SunTrust Banks raised their target price on TreeHouse Foods to $40.00 and gave the company a “hold” rating in a report on Monday, May 7th.

In other news, Director David B. Vermylen sold 51,600 shares of TreeHouse Foods stock in a transaction on Monday, May 7th. The stock was sold at an average price of $43.86, for a total value of $2,263,176.00. Following the completion of the transaction, the director now directly owns 82,190 shares in the company, valued at $3,604,853.40. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Chairman Sam K. Reed sold 11,480 shares of TreeHouse Foods stock in a transaction on Monday, April 9th. The shares were sold at an average price of $38.76, for a total value of $444,964.80. Following the completion of the transaction, the chairman now owns 85,636 shares of the company’s stock, valued at $3,319,251.36. The disclosure for this sale can be found here. Insiders own 3.60% of the company’s stock.

A number of institutional investors have recently bought and sold shares of THS. Balter Liquid Alternatives LLC purchased a new position in TreeHouse Foods during the fourth quarter worth about $174,000. Symons Capital Management Inc. bought a new stake in TreeHouse Foods during the first quarter worth about $202,000. Quantitative Systematic Strategies LLC bought a new stake in TreeHouse Foods during the first quarter worth about $214,000. Flinton Capital Management LLC lifted its stake in TreeHouse Foods by 62.5% during the fourth quarter. Flinton Capital Management LLC now owns 4,992 shares of the company’s stock worth $247,000 after purchasing an additional 1,920 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. bought a new stake in TreeHouse Foods during the first quarter worth about $258,000.

TreeHouse Foods traded up $0.14, reaching $52.00, during mid-day trading on Monday, Marketbeat.com reports. The stock had a trading volume of 8,344 shares, compared to its average volume of 848,788. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.90 and a current ratio of 2.33. TreeHouse Foods has a fifty-two week low of $36.35 and a fifty-two week high of $85.99. The stock has a market capitalization of $2.84 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 4.90 and a beta of 0.58.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings data on Thursday, May 3rd. The company reported $0.18 EPS for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.05. TreeHouse Foods had a positive return on equity of 5.67% and a negative net margin of 5.57%. The firm had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter last year, the firm posted $0.61 earnings per share. The company’s revenue for the quarter was down 3.6% compared to the same quarter last year. research analysts forecast that TreeHouse Foods will post 2.09 EPS for the current year.

TreeHouse Foods Company Profile

TreeHouse Foods, Inc operates as a food and beverage manufacturer in the United States, Canada, and Italy. The company operates through Baked Goods, Beverages, Condiments, Meals, and Snacks segments. The Baked Goods segment offers candies, cookies, crackers, in-store bakery products, pita chips, pretzels, refrigerated dough, retail griddle waffles, pancakes, and French toasts.

Analyst Recommendations for TreeHouse Foods (NYSE:THS)

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