Treehouse Foods, Inc. (NYSE:THS) has been assigned a consensus rating of “Hold” from the sixteen ratings firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $83.58.

A number of research firms recently commented on THS. Stifel Nicolaus reiterated a “buy” rating and set a $93.00 price target on shares of Treehouse Foods in a report on Wednesday, April 26th. Zacks Investment Research lowered shares of Treehouse Foods from a “buy” rating to a “hold” rating in a report on Thursday, April 27th. BidaskClub upgraded shares of Treehouse Foods from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. BMO Capital Markets reiterated a “buy” rating on shares of Treehouse Foods in a report on Tuesday, July 18th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $100.00 price target on shares of Treehouse Foods in a report on Friday, May 5th.

ILLEGAL ACTIVITY NOTICE: “Treehouse Foods, Inc. (THS) Given Consensus Rating of “Hold” by Analysts” was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this news story on another site, it was illegally copied and republished in violation of international copyright law. The legal version of this news story can be viewed at https://www.watchlistnews.com/treehouse-foods-inc-ths-given-consensus-rating-of-hold-by-analysts/1488719.html.

In other news, SVP Erik Thomas Kahler sold 5,700 shares of the company’s stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $79.34, for a total value of $452,238.00. Following the sale, the senior vice president now directly owns 28,857 shares of the company’s stock, valued at approximately $2,289,514.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Terdema L. Ussery II sold 8,200 shares of the company’s stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $76.55, for a total transaction of $627,710.00. Following the completion of the sale, the director now directly owns 10,610 shares in the company, valued at $812,195.50. The disclosure for this sale can be found here. 3.50% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. increased its stake in Treehouse Foods by 0.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 6,927 shares of the company’s stock worth $586,000 after buying an additional 28 shares in the last quarter. Comerica Securities Inc. increased its stake in Treehouse Foods by 1.2% in the second quarter. Comerica Securities Inc. now owns 3,757 shares of the company’s stock worth $307,000 after buying an additional 45 shares in the last quarter. Diversified Trust Co increased its stake in Treehouse Foods by 0.6% in the second quarter. Diversified Trust Co now owns 8,055 shares of the company’s stock worth $658,000 after buying an additional 50 shares in the last quarter. World Asset Management Inc increased its stake in Treehouse Foods by 2.3% in the second quarter. World Asset Management Inc now owns 3,730 shares of the company’s stock worth $305,000 after buying an additional 85 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its stake in Treehouse Foods by 4.7% in the first quarter. State of Alaska Department of Revenue now owns 2,118 shares of the company’s stock worth $179,000 after buying an additional 96 shares in the last quarter.

Shares of Treehouse Foods (NYSE:THS) opened at 72.60 on Tuesday. Treehouse Foods has a 52-week low of $62.64 and a 52-week high of $97.74. The firm’s market capitalization is $4.15 billion. The stock’s 50 day moving average is $80.37 and its 200 day moving average is $81.85.

Treehouse Foods (NYSE:THS) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.49 by $0.02. Treehouse Foods had a negative net margin of 3.90% and a positive return on equity of 6.54%. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the prior year, the business posted $0.54 EPS. The firm’s revenue was down 1.2% compared to the same quarter last year. On average, equities research analysts forecast that Treehouse Foods will post $3.19 EPS for the current year.

Treehouse Foods Company Profile

TreeHouse Foods, Inc is a consumer packaged food and beverage manufacturer. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Company manufactures a range of shelf stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad dressings, snack nuts, beverage enhancers, pickles, sauces, cereals, pasta and dry dinners, cookies and crackers, retail bakery, aseptic products, jams and other products.

Analyst Recommendations for Treehouse Foods (NYSE:THS)

Receive News & Ratings for Treehouse Foods Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Treehouse Foods Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.