Key Points
- TreeHouse Foods SVP Stephen Alan Landry sold 6,097 shares on December 16th at an average price of $23.79, for a total of $145,047.63.
- The company recently missed estimates, reporting $0.43 EPS versus a $0.53 consensus and $841.9M in revenue versus $853.5M expected, with a negative net margin of 7.25% despite revenue being up just 0.1% year‑over‑year.
- Analyst sentiment is weak — the stock carries an average rating of "Reduce" with a consensus target of $24.67 — and institutional investors own about 99.81% of the shares.
TreeHouse Foods, Inc. (NYSE:THS - Get Free Report) SVP Stephen Alan Landry sold 6,097 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $23.79, for a total value of $145,047.63. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
TreeHouse Foods Stock Performance
Shares of THS stock traded down $0.05 on Thursday, hitting $23.89. The company had a trading volume of 23,441 shares, compared to its average volume of 819,481. TreeHouse Foods, Inc. has a twelve month low of $15.85 and a twelve month high of $40.77. The company has a quick ratio of 0.40, a current ratio of 1.29 and a debt-to-equity ratio of 1.18. The firm has a market cap of $1.21 billion, a P/E ratio of -4.97 and a beta of 0.18. The company has a 50-day moving average price of $21.68 and a 200-day moving average price of $20.29.
TreeHouse Foods (NYSE:THS - Get Free Report) last posted its earnings results on Monday, November 10th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.10). The company had revenue of $841.90 million for the quarter, compared to analyst estimates of $853.53 million. TreeHouse Foods had a positive return on equity of 5.52% and a negative net margin of 7.25%.The firm's revenue was up .1% on a year-over-year basis. During the same period last year, the business earned ($0.07) earnings per share. As a group, equities research analysts predict that TreeHouse Foods, Inc. will post 1.94 earnings per share for the current fiscal year.
Hedge Funds Weigh In On TreeHouse Foods
A number of large investors have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP purchased a new position in TreeHouse Foods during the third quarter valued at $229,000. Penn Capital Management Company LLC raised its position in shares of TreeHouse Foods by 24.2% during the 3rd quarter. Penn Capital Management Company LLC now owns 111,105 shares of the company's stock worth $2,245,000 after purchasing an additional 21,649 shares during the last quarter. Dark Forest Capital Management LP lifted its stake in TreeHouse Foods by 581.3% in the 3rd quarter. Dark Forest Capital Management LP now owns 203,813 shares of the company's stock valued at $4,119,000 after buying an additional 173,899 shares in the last quarter. Voloridge Investment Management LLC lifted its stake in TreeHouse Foods by 143.1% in the 3rd quarter. Voloridge Investment Management LLC now owns 407,798 shares of the company's stock valued at $8,242,000 after buying an additional 240,034 shares in the last quarter. Finally, Qube Research & Technologies Ltd boosted its holdings in TreeHouse Foods by 181.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 352,256 shares of the company's stock worth $7,119,000 after buying an additional 227,268 shares during the last quarter. 99.81% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
THS has been the subject of several recent research reports. William Blair lowered shares of TreeHouse Foods from an "outperform" rating to a "hold" rating in a report on Tuesday, November 11th. Barclays raised their price target on shares of TreeHouse Foods from $21.00 to $23.00 and gave the company an "equal weight" rating in a research report on Tuesday, November 11th. Zacks Research downgraded shares of TreeHouse Foods from a "hold" rating to a "strong sell" rating in a research report on Friday, October 24th. Weiss Ratings reissued a "sell (e+)" rating on shares of TreeHouse Foods in a research note on Monday. Finally, Stifel Nicolaus lifted their price target on TreeHouse Foods from $19.00 to $22.50 and gave the company a "hold" rating in a research note on Tuesday, November 11th. Seven analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, TreeHouse Foods presently has an average rating of "Reduce" and a consensus target price of $24.67.
Check Out Our Latest Analysis on TreeHouse Foods
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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