TreeHouse Foods (NYSE:THS) Stock Rating Lowered by StockNews.com

TreeHouse Foods (NYSE:THS) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Monday.

A number of other equities research analysts also recently issued reports on the stock. Truist Financial decreased their price target on shares of TreeHouse Foods from $35.00 to $30.00 and set a “hold” rating on the stock in a research note on Wednesday, November 13th. Consumer Edge lowered TreeHouse Foods from an “overweight” rating to an “equal weight” rating in a research note on Friday, November 15th. Barclays raised their price objective on shares of TreeHouse Foods from $32.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Friday, January 17th. Finally, Stifel Nicolaus boosted their price objective on TreeHouse Foods from $32.00 to $35.00 and gave the company a “hold” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $35.40.

TreeHouse Foods Trading Up 0.2 %

Shares of THS stock opened at $33.59 on Monday. The stock has a fifty day simple moving average of $34.29 and a two-hundred day simple moving average of $37.31. TreeHouse Foods has a 52-week low of $28.04 and a 52-week high of $43.84. The firm has a market capitalization of $1.72 billion, a PE ratio of -71.47 and a beta of 0.22. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.53 and a current ratio of 1.40.

TreeHouse Foods (NYSE:THS) last issued its earnings results on Tuesday, November 12th. The company reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01). The company had revenue of $854.40 million for the quarter, compared to the consensus estimate of $881.15 million. TreeHouse Foods had a positive return on equity of 5.94% and a negative net margin of 0.72%. TreeHouse Foods’s revenue was down 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.57 EPS. On average, analysts predict that TreeHouse Foods will post 1.96 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in THS. Signaturefd LLC lifted its position in shares of TreeHouse Foods by 42.1% during the third quarter. Signaturefd LLC now owns 999 shares of the company’s stock valued at $42,000 after buying an additional 296 shares during the last quarter. Blue Trust Inc. increased its position in shares of TreeHouse Foods by 456.7% during the fourth quarter. Blue Trust Inc. now owns 1,119 shares of the company’s stock worth $39,000 after purchasing an additional 918 shares in the last quarter. KBC Group NV grew its stake in TreeHouse Foods by 40.9% during the 3rd quarter. KBC Group NV now owns 1,943 shares of the company’s stock worth $82,000 after buying an additional 564 shares during the last quarter. GAMMA Investing LLC raised its stake in TreeHouse Foods by 95.1% in the third quarter. GAMMA Investing LLC now owns 2,519 shares of the company’s stock valued at $106,000 after buying an additional 1,228 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of TreeHouse Foods during the third quarter worth about $218,000. 99.81% of the stock is owned by institutional investors.

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.