TreeHouse Foods (NYSE:THS) Reaches New 1-Year Low – Should You Sell?

TreeHouse Foods, Inc. (NYSE:THS) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $25.15 and last traded at $26.16, with a volume of 423 shares traded. The stock had previously closed at $26.41.

Analyst Upgrades and Downgrades

Several research firms have recently commented on THS. Stifel Nicolaus upped their price objective on shares of TreeHouse Foods from $32.00 to $35.00 and gave the company a “hold” rating in a report on Friday, January 24th. Jefferies Financial Group lowered their target price 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. StockNews.com upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Tuesday, February 18th. Finally, Barclays lifted their target price on shares of TreeHouse Foods from $35.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $34.83.

TreeHouse Foods Stock Down 1.7 %

The company has a quick ratio of 0.63, a current ratio of 1.36 and a debt-to-equity ratio of 0.90. The business has a 50-day simple moving average of $30.52 and a 200-day simple moving average of $34.43. The company has a market cap of $1.30 billion, a PE ratio of 48.07 and a beta of 0.40.

TreeHouse Foods (NYSE:THS) last announced 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). The business had revenue of $905.70 million for the quarter, compared to analysts’ expectations of $907.71 million. TreeHouse Foods had a net margin of 0.80% and a return on equity of 6.42%. The company’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter last year, the business earned $0.77 EPS. Equities research analysts anticipate that TreeHouse Foods, Inc. will post 1.94 EPS for the current year.

Institutional Investors Weigh In On TreeHouse Foods

Institutional investors have recently bought and sold shares of the company. FMR LLC raised its stake in TreeHouse Foods by 90.5% in the 4th quarter. FMR LLC now owns 5,219,543 shares of the company’s stock valued at $183,363,000 after purchasing an additional 2,479,495 shares during the last quarter. Sessa Capital IM L.P. lifted its stake in shares of TreeHouse Foods by 121.9% in the fourth quarter. Sessa Capital IM L.P. now owns 3,242,483 shares of the company’s stock worth $113,908,000 after buying an additional 1,781,179 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of TreeHouse Foods in the fourth quarter worth about $10,362,000. JPMorgan Chase & Co. boosted its position in TreeHouse Foods by 187.6% during the third quarter. JPMorgan Chase & Co. now owns 316,428 shares of the company’s stock worth $13,284,000 after acquiring an additional 206,411 shares during the last quarter. Finally, Kestrel Investment Management Corp purchased a new stake in TreeHouse Foods during the 4th quarter valued at about $6,058,000. 99.81% of the stock is currently owned by institutional investors and hedge funds.

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.