Analysts Set TreeHouse Foods, Inc. (NYSE:THS) Price Target at $34.83

Shares of TreeHouse Foods, Inc. (NYSE:THS) have received a consensus recommendation of “Hold” from the seven analysts that are covering the stock, MarketBeat.com reports. Seven analysts have rated the stock with a hold rating. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $34.83.

THS has been the topic of a number of research reports. Jefferies Financial Group dropped their target price on shares of TreeHouse Foods from $37.00 to $31.00 and set a “hold” rating on the stock in a report on Tuesday, February 18th. StockNews.com raised TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Tuesday, February 18th. Stifel Nicolaus raised their price objective on TreeHouse Foods from $32.00 to $35.00 and gave the stock a “hold” rating in a research note on Friday, January 24th. Finally, Barclays boosted their target price on TreeHouse Foods from $35.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 18th.

TreeHouse Foods Stock Down 1.2 %

THS opened at $27.06 on Wednesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.63 and a current ratio of 1.36. The company has a market capitalization of $1.36 billion, a PE ratio of 50.11 and a beta of 0.15. The stock’s fifty day moving average is $31.32 and its 200-day moving average is $35.03. TreeHouse Foods has a one year low of $25.69 and a one year high of $43.84.

TreeHouse Foods (NYSE:THS) last released its earnings results on Friday, February 14th. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.02). TreeHouse Foods had a return on equity of 6.42% and a net margin of 0.80%. The firm had revenue of $905.70 million for the quarter, compared to analyst estimates of $907.71 million. During the same period in the previous year, the firm earned $0.77 earnings per share. TreeHouse Foods’s revenue was down .5% on a year-over-year basis. On average, equities analysts predict that TreeHouse Foods will post 1.94 EPS for the current fiscal year.

Institutional Investors Weigh In On TreeHouse Foods

Institutional investors have recently made changes to their positions in the company. Pullen Investment Management LLC raised its position in TreeHouse Foods by 83.4% during the fourth quarter. Pullen Investment Management LLC now owns 44,646 shares of the company’s stock valued at $1,568,000 after acquiring an additional 20,304 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of TreeHouse Foods by 10.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 117,296 shares of the company’s stock worth $4,121,000 after purchasing an additional 10,746 shares during the last quarter. Voloridge Investment Management LLC bought a new position in shares of TreeHouse Foods during the 4th quarter valued at $5,613,000. Vident Advisory LLC acquired a new stake in shares of TreeHouse Foods in the 4th quarter valued at $223,000. Finally, Two Sigma Advisers LP bought a new stake in TreeHouse Foods in the fourth quarter worth $696,000. 99.81% of the stock is currently owned by institutional investors and hedge funds.

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.