TreeHouse Foods (NYSE:THS) updated its FY 2020
Pre-Market earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.40-2.65 for the period, compared to the Thomson Reuters consensus estimate of $2.63. The company issued revenue guidance of $4.1-4.4 billion, compared to the consensus revenue estimate of $4.32 billion.TreeHouse Foods also updated its FY20 guidance to $2.40-2.65 EPS.

A number of brokerages have issued reports on THS. William Blair upgraded TreeHouse Foods from a market perform rating to an outperform rating in a research note on Monday, December 2nd. SunTrust Banks reissued a buy rating and issued a $65.00 target price on shares of TreeHouse Foods in a report on Tuesday, January 14th. Barclays reissued a hold rating on shares of TreeHouse Foods in a report on Sunday, November 10th. Jefferies Financial Group assumed coverage on TreeHouse Foods in a report on Wednesday, January 22nd. They issued a hold rating and a $52.00 target price for the company. Finally, Zacks Investment Research lowered TreeHouse Foods from a hold rating to a sell rating and set a $48.00 target price for the company. in a report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. TreeHouse Foods presently has a consensus rating of Hold and an average target price of $59.79.

Shares of TreeHouse Foods stock traded up $0.21 on Friday, reaching $45.75. The company’s stock had a trading volume of 1,129,500 shares, compared to its average volume of 353,839. The company has a market capitalization of $2.60 billion, a price-to-earnings ratio of -6.60, a P/E/G ratio of 1.77 and a beta of 0.77. The firm’s fifty day simple moving average is $46.47 and its two-hundred day simple moving average is $51.00. TreeHouse Foods has a 52 week low of $43.93 and a 52 week high of $67.88. The company has a quick ratio of 0.67, a current ratio of 1.49 and a debt-to-equity ratio of 1.29.

TreeHouse Foods (NYSE:THS) last posted its earnings results on Thursday, February 13th. The company reported $1.10 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.10. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.16 billion. TreeHouse Foods had a positive return on equity of 5.80% and a negative net margin of 7.65%. The company’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.03 EPS. As a group, research analysts predict that TreeHouse Foods will post 2.38 EPS for the current year.

In other TreeHouse Foods news, CAO Thomas Emmet Oneill III sold 6,400 shares of TreeHouse Foods stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $49.11, for a total value of $314,304.00. Following the completion of the sale, the chief accounting officer now owns 109,076 shares of the company’s stock, valued at approximately $5,356,722.36. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.50% of the stock is currently owned by company insiders.

TreeHouse Foods Company Profile

TreeHouse Foods, Inc operates as a food and beverage manufacturer in the United States, Canada, and Italy. The company operates through Baked Goods, Beverages, Condiments, Meals, and Snacks segments. The Baked Goods segment offers candies, cookies, crackers, in-store bakery products, pita chips, pretzels, refrigerated dough, retail griddle waffles, pancakes, and French toasts.

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Earnings History and Estimates for TreeHouse Foods (NYSE:THS)

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