TreeHouse Foods (THS) Receiving Somewhat Favorable Press Coverage, Study Finds

News articles about TreeHouse Foods (NYSE:THS) have trended somewhat positive recently, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. TreeHouse Foods earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.0643929946395 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

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A number of equities analysts have recently weighed in on THS shares. Wells Fargo set a $46.00 price target on TreeHouse Foods and gave the stock a “hold” rating in a report on Thursday, January 4th. Zacks Investment Research raised TreeHouse Foods from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. Credit Suisse Group reaffirmed a “hold” rating and issued a $48.00 price objective on shares of TreeHouse Foods in a research report on Friday, February 9th. Susquehanna Bancshares set a $44.00 price objective on TreeHouse Foods and gave the company a “hold” rating in a research report on Monday, February 12th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $68.00 price objective on shares of TreeHouse Foods in a research report on Thursday, February 15th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $53.51.

Shares of NYSE THS opened at $39.57 on Tuesday. TreeHouse Foods has a 1-year low of $36.35 and a 1-year high of $90.42. The company has a quick ratio of 0.94, a current ratio of 2.48 and a debt-to-equity ratio of 1.12. The stock has a market capitalization of $2,217.83, a PE ratio of 13.98, a P/E/G ratio of 3.81 and a beta of 0.52.

TreeHouse Foods (NYSE:THS) last issued its earnings results on Thursday, February 15th. The company reported $1.02 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.93 by $0.09. TreeHouse Foods had a positive return on equity of 6.49% and a negative net margin of 4.54%. The company had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the prior year, the business earned $1.14 earnings per share. The company’s revenue was down 4.3% compared to the same quarter last year. research analysts anticipate that TreeHouse Foods will post 2.09 EPS for the current fiscal year.

In related 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 transaction, the vice president now owns 168,479 shares in the company, valued at $7,079,487.58. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Sam K. Reed sold 11,480 shares of the business’s stock in a transaction dated Monday, April 9th. The stock was sold at an average price of $38.76, for a total value of $444,964.80. Following the completion of the transaction, the chairman now owns 85,636 shares in the company, valued at approximately $3,319,251.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 70,540 shares of company stock worth $2,924,829. Insiders own 3.60% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for TreeHouse Foods (NYSE:THS)

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