Analysts’ Weekly Ratings Changes for Treehouse Foods (THS)

Several analysts have recently updated their ratings and price targets for Treehouse Foods (NYSE: THS):

  • 8/4/2017 – Treehouse Foods was downgraded by analysts at J P Morgan Chase & Co from an “overweight” rating to a “neutral” rating. They now have a $76.00 price target on the stock, down previously from $90.00.
  • 8/4/2017 – Treehouse Foods had its “neutral” rating reaffirmed by analysts at Susquehanna Bancshares Inc. They now have a $78.00 price target on the stock, down previously from $108.00.
  • 8/4/2017 – Treehouse Foods was downgraded by analysts at UBS Group AG from a “positive” rating to a “neutral” rating.
  • 8/4/2017 – Treehouse Foods was downgraded by analysts at Vertical Research from a “buy” rating to a “hold” rating.
  • 8/4/2017 – Treehouse Foods was downgraded by analysts at Vertical Group from a “buy” rating to a “hold” rating. They now have a $62.64 price target on the stock, down previously from $100.61.
  • 8/4/2017 – Treehouse Foods had its price target lowered by analysts at BMO Capital Markets from $90.00 to $85.00. They now have an “outperform” rating on the stock.
  • 8/4/2017 – Treehouse Foods had its price target lowered by analysts at Barclays PLC from $90.00 to $84.00. They now have an “overweight” rating on the stock.
  • 7/27/2017 – Treehouse Foods was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Shares of TreeHouse Foods have underperformed the broader industry in the last one year. Changing consumer buying patterns and currency headwinds pose serious threats to the company. Also, investments in sales force, acquisition and higher incentive compensation have led to increasing operating costs of the company. Management also issued a soft guidance for the second quarter, which is below expectations. In fact, the quarter will be the lowest one in 2017, with respect to earnings. Evidently, the estimate for 2017 has declined by 2 cents in the last seven days. Though management remains on track with the progress of the Private Brands’ integration and revised organizational structure, a soft retail landscape is likely to hurt its results. The company has been proactive toward consumers' interests in natural and fresh foods, and is therefore, focusing on organic food production.”
  • 7/18/2017 – Treehouse Foods had its “buy” rating reaffirmed by analysts at BMO Capital Markets.
  • 7/4/2017 – Treehouse Foods was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Shares of TreeHouse Foods have outperformed the industry since the past one month. The company has been proactive towards consumer’s interests in natural and fresh foods and thus has been increasingly focusing on organic food production. Moreover, the company has witnessed positive comparable store sales growth trends in food-away-from-home outlets, which mainly focuses on clean ingredients and labels. Nevertheless, changing customer buying patterns along with currency headwinds poses as concerns for the company. Acquisition, investments in sales force and higher incentive compensation have also led to increasing the operating costs of the company. Also, the company issued a soft guidance for the second quarter, which is below expectations. Nevertheless, management remains impressed with the progress of the Private Brands’ integration and revised organizational structure.”
  • 6/28/2017 – Treehouse Foods was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/21/2017 – Treehouse Foods was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/13/2017 – Treehouse Foods had its “buy” rating reaffirmed by analysts at BMO Capital Markets. They now have a $90.00 price target on the stock.

Shares of Treehouse Foods, Inc. (NYSE:THS) opened at 72.30 on Friday. Treehouse Foods, Inc. has a 52 week low of $62.64 and a 52 week high of $98.87. The firm’s market cap is $4.13 billion. The firm’s 50 day moving average is $80.86 and its 200-day moving average is $81.75.

Treehouse Foods (NYSE:THS) last announced its earnings results on Thursday, August 3rd. The company reported $0.51 EPS for the quarter, topping the Thomson Reuters’ 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 business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the prior year, the company posted $0.54 earnings per share. The firm’s revenue was down 1.2% on a year-over-year basis. Equities research analysts predict that Treehouse Foods, Inc. will post $3.21 EPS for the current year.

In related news, Director Terdema L. Ussery II sold 8,200 shares of the stock in a transaction on Thursday, May 18th. The shares were sold at an average price of $76.55, for a total transaction of $627,710.00. Following the completion of the transaction, the director now owns 10,610 shares in the company, valued at $812,195.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Thomas Emmet Oneill III sold 14,430 shares of the stock in a transaction on Monday, May 15th. The stock was sold at an average price of $76.50, for a total transaction of $1,103,895.00. Following the transaction, the chief accounting officer now owns 130,708 shares of the company’s stock, valued at approximately $9,999,162. The disclosure for this sale can be found here. Insiders have sold 28,330 shares of company stock valued at $2,183,843 in the last 90 days. 3.50% of the stock is currently owned by corporate insiders.

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.

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