Stifel Nicolaus Cuts TreeHouse Foods (NYSE:THS) Price Target to $19.00

TreeHouse Foods (NYSE:THS) had its price target decreased by Stifel Nicolaus from $21.00 to $19.00 in a research report report published on Friday morning,Benzinga reports. Stifel Nicolaus currently has a hold rating on the stock.

THS has been the topic of several other reports. Barclays cut their target price on TreeHouse Foods from $25.00 to $21.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 15th. Mizuho cut their target price on TreeHouse Foods from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Monday, July 28th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of TreeHouse Foods in a report on Wednesday, October 8th. Seven research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $23.33.

TreeHouse Foods Price Performance

NYSE THS opened at $19.31 on Friday. TreeHouse Foods has a fifty-two week low of $15.85 and a fifty-two week high of $40.77. The stock’s 50-day moving average is $18.56 and its two-hundred day moving average is $20.35. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.26 and a quick ratio of 0.38. The firm has a market cap of $974.90 million, a P/E ratio of 49.50 and a beta of 0.26.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Thursday, July 31st. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.07. TreeHouse Foods had a return on equity of 6.35% and a net margin of 0.62%.The company had revenue of $801.40 million for the quarter, compared to analyst estimates of $788.84 million. During the same period last year, the company earned $0.29 earnings per share. The business’s revenue was up 1.2% compared to the same quarter last year. TreeHouse Foods has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts anticipate that TreeHouse Foods will post 1.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TreeHouse Foods

Hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its position in shares of TreeHouse Foods by 320.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,355 shares of the company’s stock valued at $26,000 after purchasing an additional 1,033 shares during the last quarter. Blue Trust Inc. grew its position in TreeHouse Foods by 50.7% during the second quarter. Blue Trust Inc. now owns 2,878 shares of the company’s stock worth $56,000 after buying an additional 968 shares in the last quarter. GAMMA Investing LLC grew its position in TreeHouse Foods by 719.7% during the second quarter. GAMMA Investing LLC now owns 2,918 shares of the company’s stock worth $57,000 after buying an additional 2,562 shares in the last quarter. State of Wyoming acquired a new stake in TreeHouse Foods during the first quarter worth about $93,000. Finally, Canada Pension Plan Investment Board acquired a new stake in TreeHouse Foods during the second quarter worth about $70,000. 99.81% of the stock is 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.