TreeHouse Foods, Inc. (NYSE:THS – Get Free Report) has earned an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $39.50.
THS has been the topic of a number of recent research reports. Stifel Nicolaus lifted their price target on shares of TreeHouse Foods from $36.00 to $41.00 and gave the stock a “hold” rating in a report on Tuesday, August 6th. StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a research note on Tuesday, August 6th. TD Cowen cut their price objective on TreeHouse Foods from $38.00 to $37.00 and set a “hold” rating on the stock in a research note on Tuesday, May 7th. Barclays increased their target price on shares of TreeHouse Foods from $36.00 to $39.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 6th. Finally, Mizuho initiated coverage on shares of TreeHouse Foods in a report on Thursday, June 6th. They issued a “neutral” rating and a $37.00 target price on the stock.
Read Our Latest Stock Analysis on THS
Hedge Funds Weigh In On TreeHouse Foods
TreeHouse Foods Price Performance
Shares of THS opened at $39.67 on Tuesday. The business has a 50-day simple moving average of $37.55 and a two-hundred day simple moving average of $37.38. TreeHouse Foods has a 12-month low of $33.28 and a 12-month high of $48.49. The stock has a market cap of $2.09 billion, a PE ratio of 86.24 and a beta of 0.24. The company has a quick ratio of 0.52, a current ratio of 1.44 and a debt-to-equity ratio of 0.90.
TreeHouse Foods (NYSE:THS – Get Free Report) last released its quarterly earnings data on Monday, August 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.16. TreeHouse Foods had a positive return on equity of 5.42% and a negative net margin of 0.41%. The company had revenue of $788.50 million during the quarter, compared to the consensus estimate of $784.10 million. During the same quarter in the prior year, the firm posted $0.42 earnings per share. The firm’s revenue was down 1.9% compared to the same quarter last year. Analysts anticipate that TreeHouse Foods will post 2.31 earnings per share 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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