TreeHouse Foods Inc. (NYSE:THS) VP Thomas Emmet Oneill III sold 36,100 shares of the company’s stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $42.02, for a total value of $1,516,922.00. Following the completion of the transaction, the vice president now owns 168,479 shares of the company’s stock, valued at approximately $7,079,487.58. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of TreeHouse Foods Inc. (THS) opened at $41.41 on Friday. The firm has a market capitalization of $2,326.83, a P/E ratio of -8.27, a PEG ratio of 4.02 and a beta of 0.60. 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 Inc. has a 1 year low of $36.35 and a 1 year high of $90.42.
TreeHouse Foods (NYSE:THS) last released its earnings results on Thursday, February 15th. The company reported $1.02 EPS for the quarter, beating the Zacks’ 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%. The firm’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.14 EPS. equities research analysts anticipate that TreeHouse Foods Inc. will post 2.08 earnings per share for the current year.
Several research analysts have recently weighed in on the company. Susquehanna Bancshares set a $44.00 price target on TreeHouse Foods and gave the stock a “hold” rating in a research note on Monday, February 12th. Stifel Nicolaus dropped their price objective on TreeHouse Foods from $44.00 to $40.00 and set a “hold” rating on the stock in a report on Friday, February 16th. Zacks Investment Research raised TreeHouse Foods from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a report on Wednesday, January 31st. Credit Suisse Group reissued a “hold” rating and set a $48.00 price objective on shares of TreeHouse Foods in a report on Friday, February 9th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $68.00 price target on shares of TreeHouse Foods in a report on Thursday, February 15th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $53.51.
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About TreeHouse Foods
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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