Media coverage about TreeHouse Foods (NYSE:THS) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TreeHouse Foods earned a news impact score of 0.16 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.3166587183555 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s analysis:
- Stock’s Technical Analysis – TreeHouse Foods Inc (NYSE: THS) – Stocks Market Cap (stocksmarketcap.com)
- TreeHouse Foods, Inc. (THS)- Remarkable Consumer Goods stock of Recent Trading – Nasdaq Fortune (press release) (nasdaqfortune.com)
- TreeHouse Foods (THS) Up 10.5% Since Earnings Report: Can It Continue? – Nasdaq (nasdaq.com)
THS has been the topic of several recent analyst reports. Zacks Investment Research cut shares of TreeHouse Foods from a “hold” rating to a “strong sell” rating in a report on Monday, February 19th. Stifel Nicolaus dropped their target price on shares of TreeHouse Foods from $44.00 to $40.00 and set a “hold” rating on the stock in a report on Friday, February 16th. Credit Suisse Group restated a “hold” rating and set a $48.00 target price on shares of TreeHouse Foods in a report on Friday, February 9th. Jefferies Group restated a “buy” rating and set a $68.00 target price on shares of TreeHouse Foods in a report on Thursday, February 15th. Finally, Wolfe Research began coverage on shares of TreeHouse Foods in a report on Monday, December 4th. They set a “market perform” rating on the stock. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $53.51.
THS stock opened at $40.37 on Wednesday. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.48 and a quick ratio of 0.94. The stock has a market capitalization of $2,338.69, a PE ratio of -8.06, a PEG ratio of 4.04 and a beta of 0.60. TreeHouse Foods has a 52-week low of $36.35 and a 52-week high of $90.42.
TreeHouse Foods (NYSE:THS) last posted its quarterly earnings results on Thursday, February 15th. The company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.09. The firm had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.70 billion. TreeHouse Foods had a positive return on equity of 6.49% and a negative net margin of 4.54%. TreeHouse Foods’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.14 EPS. research analysts expect that TreeHouse Foods will post 2.08 earnings per share for the current year.
In other TreeHouse Foods news, VP Thomas Emmet Oneill III sold 36,100 shares of the business’s stock in a transaction dated Tuesday, March 6th. The stock was 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 legal filing with the SEC, which is available through this link. Also, CEO Sam K. Reed sold 11,480 shares of the business’s stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $41.44, for a total value of $475,731.20. Following the completion of the transaction, the chief executive officer now directly owns 81,147 shares of the company’s stock, valued at approximately $3,362,731.68. The disclosure for this sale can be found here. In the last ninety days, insiders sold 70,540 shares of company stock valued at $3,050,650. 3.60% of the stock is owned by insiders.
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.
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