1 week Ago By Defense World Staff
TreeHouse Foods, Inc. (NYSE:THS – Get Free Report) shares traded up 7.3% on Friday .
The stock traded as high as $23.80 and last traded at $23.23.
88,704 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 565,407 shares. The stock had previously closed at $21.65.
Wall Street Analyst Weigh InTHS has been the subject of several research analyst reports. Stifel Nicolaus dropped their price objective on shares of TreeHouse Foods from $35.00 to $26.
00 and set a “hold” rating for the company in a research report on Friday. Jefferies Financial Group cut their price target on TreeHouse Foods from $37.00 to $31.
00 and set a “hold” rating on the stock in a research note on Tuesday, February 18th. Barclays lifted their price objective 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. StockNews.com upgraded shares of TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, February 18th.
Finally, TD Cowen reduced their price objective on shares of TreeHouse Foods from $32.00 to $27.00 and set a “hold” rating on the stock in a research note on Friday.
Eight research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $31.67.
Read Our Latest Stock Report on TreeHouse FoodsTreeHouse Foods Price PerformanceThe company has a current ratio of 1.36, a quick ratio of 0.63 and a debt-to-equity ratio of 0.
90. The company has a 50 day moving average of $28.87 and a 200-day moving average of $33.
57. The firm has a market capitalization of $1.16 billion, a P/E ratio of 42.
81 and a beta of 0.40. TreeHouse Foods (NYSE:THS – Get Free Report) last issued its quarterly earnings results on Friday, February 14th.
The company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.
02). TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.
42%. The company had revenue of $905.70 million during the quarter, compared to the consensus estimate of $907.
71 million. During the same quarter last year, the firm posted $0.77 earnings per share.
The company’s quarterly revenue was down .5% on a year-over-year basis. On average, sell-side analysts predict that TreeHouse Foods, Inc.
will post 1.94 EPS for the current year. Institutional Investors Weigh In On TreeHouse FoodsA number of institutional investors have recently added to or reduced their stakes in the business.
GAMMA Investing LLC grew its stake in TreeHouse Foods by 1,328.7% in the first quarter. GAMMA Investing LLC now owns 9,644 shares of the company’s stock valued at $261,000 after acquiring an additional 8,969 shares during the period.
Pullen Investment Management LLC grew its position in TreeHouse Foods by 83.4% in the 4th quarter. Pullen Investment Management LLC now owns 44,646 shares of the company’s stock valued at $1,568,000 after purchasing an additional 20,304 shares during the period.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in TreeHouse Foods by 10.1% in 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 valued at $4,121,000 after purchasing an additional 10,746 shares during the period.
Voloridge Investment Management LLC bought a new stake in TreeHouse Foods during the 4th quarter valued at $5,613,000. Finally, Vident Advisory LLC acquired a new position in TreeHouse Foods during the fourth quarter worth $223,000. 99.
81% of the stock is owned by institutional investors. TreeHouse Foods Company Profile (Get Free Report)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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