Equities analysts forecast that TreeHouse Foods (NYSE:THS) will post $0.14 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for TreeHouse Foods’ earnings. The lowest EPS estimate is $0.11 and the highest is $0.18. TreeHouse Foods reported earnings per share of $0.61 during the same quarter last year, which would indicate a negative year over year growth rate of 77%. The company is scheduled to announce its next earnings report before the market opens on Thursday, May 3rd.
According to Zacks, analysts expect that TreeHouse Foods will report full-year earnings of $2.09 per share for the current fiscal year, with EPS estimates ranging from $2.00 to $2.18. For the next fiscal year, analysts forecast that the company will post earnings of $2.53 per share, with EPS estimates ranging from $2.31 to $3.02. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for TreeHouse Foods.
TreeHouse Foods (NYSE:THS) last announced its quarterly earnings data on Thursday, February 15th. The company reported $1.02 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.93 by $0.09. The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.70 billion. TreeHouse Foods had a positive return on equity of 6.49% and a negative net margin of 4.54%. TreeHouse Foods’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 EPS.
In other news, VP Thomas Emmet Oneill III sold 36,100 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $42.02, for a total transaction of $1,516,922.00. Following the completion of 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 filing with the SEC, which is available at this hyperlink. Also, CEO Sam K. Reed sold 11,480 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $42.44, for a total value of $487,211.20. Following the sale, the chief executive officer now owns 81,147 shares of the company’s stock, valued at approximately $3,443,878.68. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 70,540 shares of company stock valued at $2,924,829. Corporate insiders own 3.60% of the company’s stock.
Several large investors have recently modified their holdings of THS. Balter Liquid Alternatives LLC bought a new stake in shares of TreeHouse Foods during the fourth quarter worth approximately $174,000. State of Alaska Department of Revenue bought a new stake in shares of TreeHouse Foods during the fourth quarter worth approximately $197,000. CenterStar Asset Management LLC acquired a new stake in shares of TreeHouse Foods in the fourth quarter valued at approximately $227,000. Flinton Capital Management LLC raised its position in shares of TreeHouse Foods by 62.5% in the fourth quarter. Flinton Capital Management LLC now owns 4,992 shares of the company’s stock valued at $247,000 after buying an additional 1,920 shares in the last quarter. Finally, Xact Kapitalforvaltning AB acquired a new stake in shares of TreeHouse Foods in the fourth quarter valued at approximately $272,000.
Shares of NYSE THS traded down $0.75 during mid-day trading on Friday, hitting $38.18. The company had a trading volume of 616,234 shares, compared to its average volume of 577,539. The stock has a market capitalization of $2,198.63, a price-to-earnings ratio of 13.59, a PEG ratio of 3.78 and a beta of 0.52. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.48 and a quick ratio of 0.94. TreeHouse Foods has a one year low of $36.35 and a one year high of $90.18.
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.
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