Treehouse Foods, Inc. (NYSE:THS) has been assigned an average rating of “Hold” from the sixteen analysts that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $83.58.

Several equities analysts have recently commented on THS shares. Jefferies Group LLC restated a “buy” rating and issued a $100.00 target price on shares of Treehouse Foods in a research report on Monday, May 15th. Stephens upgraded shares of Treehouse Foods from an “equal weight” rating to an “overweight” rating and set a $90.00 target price for the company in a research report on Monday, May 15th. Wedbush cut shares of Treehouse Foods from an “outperform” rating to a “neutral” rating in a research report on Monday, May 15th. BMO Capital Markets restated a “buy” rating and issued a $90.00 target price on shares of Treehouse Foods in a research report on Tuesday, June 13th. Finally, BidaskClub upgraded shares of Treehouse Foods from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st.

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In related news, CEO Sam K. Reed sold 11,480 shares of Treehouse Foods stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $66.32, for a total transaction of $761,353.60. Following the sale, the chief executive officer now directly owns 70,647 shares of the company’s stock, valued at approximately $4,685,309.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Erik Thomas Kahler sold 5,700 shares of Treehouse Foods stock in a transaction that occurred on Thursday, June 15th. The shares were sold at an average price of $79.34, for a total transaction of $452,238.00. Following the sale, the senior vice president now directly owns 28,857 shares in the company, valued at $2,289,514.38. The disclosure for this sale can be found here. Insiders own 3.50% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. Sterling Capital Management LLC grew its holdings in shares of Treehouse Foods by 0.5% during the 2nd quarter. Sterling Capital Management LLC now owns 3,047 shares of the company’s stock valued at $249,000 after purchasing an additional 14 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Treehouse Foods by 0.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 6,927 shares of the company’s stock valued at $586,000 after purchasing an additional 28 shares during the last quarter. Comerica Securities Inc. grew its holdings in shares of Treehouse Foods by 1.2% during the 2nd quarter. Comerica Securities Inc. now owns 3,757 shares of the company’s stock valued at $307,000 after purchasing an additional 45 shares during the last quarter. Diversified Trust Co grew its holdings in shares of Treehouse Foods by 0.6% during the 2nd quarter. Diversified Trust Co now owns 8,055 shares of the company’s stock valued at $658,000 after purchasing an additional 50 shares during the last quarter. Finally, World Asset Management Inc grew its holdings in shares of Treehouse Foods by 2.3% during the 2nd quarter. World Asset Management Inc now owns 3,730 shares of the company’s stock valued at $305,000 after purchasing an additional 85 shares during the last quarter.

Shares of Treehouse Foods (NYSE:THS) opened at 65.74 on Friday. Treehouse Foods has a 52 week low of $62.64 and a 52 week high of $90.42. The firm’s 50-day moving average is $73.67 and its 200 day moving average is $80.41. The company’s market capitalization is $3.76 billion.

Treehouse Foods (NYSE:THS) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.02. The business had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Treehouse Foods had a negative net margin of 3.90% and a positive return on equity of 6.54%. The business’s revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.54 EPS. On average, analysts anticipate that Treehouse Foods will post $3.19 earnings per share for the current fiscal 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)

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