TreeHouse Foods (NYSE:THS) Downgraded by ValuEngine to Sell

ValuEngine lowered shares of TreeHouse Foods (NYSE:THS) from a hold rating to a sell rating in a research note issued to investors on Monday, April 2nd.

A number of other equities analysts have also weighed in on the stock. Zacks Investment Research lowered shares of TreeHouse Foods from a hold rating to a strong sell rating in a research note on Monday, February 19th. Credit Suisse Group set a $38.00 price objective on shares of TreeHouse Foods and gave the stock a hold rating in a research note on Saturday, February 17th. SunTrust Banks restated a hold rating and set a $35.00 price objective on shares of TreeHouse Foods in a research note on Friday, February 16th. Stifel Nicolaus cut their target price on shares of TreeHouse Foods from $44.00 to $40.00 and set a hold rating for the company in a research note on Friday, February 16th. Finally, Jefferies Group reiterated a buy rating and issued a $68.00 target price on shares of TreeHouse Foods in a research note on Thursday, February 15th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $53.51.

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Shares of THS traded down $0.28 during trading hours on Monday, reaching $39.29. The stock had a trading volume of 490,330 shares, compared to its average volume of 852,844. The company has a quick ratio of 0.94, a current ratio of 2.48 and a debt-to-equity ratio of 1.12. TreeHouse Foods has a 52 week low of $36.35 and a 52 week high of $90.42. The stock has a market cap of $2,217.83, a P/E ratio of 14.02, a P/E/G ratio of 3.81 and a beta of 0.52.



TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Thursday, February 15th. The company reported $1.02 EPS for the quarter, beating the Zacks’ consensus estimate of $0.93 by $0.09. The business had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.70 billion. TreeHouse Foods had a negative net margin of 4.54% and a positive return on equity of 6.49%. The firm’s quarterly revenue was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.14 EPS. equities research analysts expect that TreeHouse Foods will post 2.09 earnings per share for the current fiscal year.

In other TreeHouse Foods news, VP Thomas Emmet Oneill III sold 36,100 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $42.02, for a total value of $1,516,922.00. Following the sale, the vice president now owns 168,479 shares in the company, valued at $7,079,487.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Sam K. Reed sold 11,480 shares of the firm’s stock in a transaction that occurred on Monday, April 9th. The shares were sold at an average price of $38.76, for a total transaction of $444,964.80. Following the completion of the sale, the chairman now owns 85,636 shares in the company, valued at approximately $3,319,251.36. The disclosure for this sale can be found here. Insiders have sold 70,540 shares of company stock worth $2,924,829 over the last ninety days. Insiders own 3.60% of the company’s stock.

A number of institutional investors have recently modified their holdings of the business. Ellington Management Group LLC boosted its position in TreeHouse Foods by 29.1% in the fourth quarter. Ellington Management Group LLC now owns 5,552 shares of the company’s stock valued at $275,000 after buying an additional 1,252 shares in the last quarter. American International Group Inc. lifted its holdings in shares of TreeHouse Foods by 1.2% during the fourth quarter. American International Group Inc. now owns 118,386 shares of the company’s stock worth $5,855,000 after purchasing an additional 1,391 shares during the period. Flinton Capital Management LLC lifted its holdings in shares of TreeHouse Foods by 62.5% during the fourth quarter. Flinton Capital Management LLC now owns 4,992 shares of the company’s stock worth $247,000 after purchasing an additional 1,920 shares during the period. Teachers Advisors LLC lifted its holdings in shares of TreeHouse Foods by 3.0% during the fourth quarter. Teachers Advisors LLC now owns 66,788 shares of the company’s stock worth $3,303,000 after purchasing an additional 1,934 shares during the period. Finally, Swiss National Bank lifted its holdings in shares of TreeHouse Foods by 2.6% during the fourth quarter. Swiss National Bank now owns 97,351 shares of the company’s stock worth $4,815,000 after purchasing an additional 2,500 shares during the period.

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TreeHouse Foods Company Profile

TreeHouse Foods, Inc operates as a food and beverage manufacturer in the United States, Canada, and Italy. The company operates through Baked Goods, Beverages, Condiments, Meals, and Snacks segments. The Baked Goods segment offers candies, cookies, crackers, in-store bakery products, pita chips, pretzels, refrigerated dough, retail griddle waffles, pancakes, and French toasts.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for TreeHouse Foods (NYSE:THS)

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