Treehouse Foods Inc (NYSE: THS) has a price-to-earnings ratio of 40.62x that is above its average ratio. Additionally, the 36-month beta value for THS is 0.35. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 12 rating it as “hold,” and 1 rating it as “sell.”
The public float for THS is 53.68M and currently, short sellers hold a 4.75% ratio of that float. The average trading volume of THS on March 29, 2024 was 549.21K shares.
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THS) stock’s latest price update
Treehouse Foods Inc (NYSE: THS)’s stock price has dropped by -0.54 in relation to previous closing price of 39.16. Nevertheless, the company has seen a gain of 1.41% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-28 that TreeHouse Foods (THS) deals with supply-chain headwinds and elevated operating costs. Macroeconomic challenges impact overall food and beverage consumption.
THS’s Market Performance
THS’s stock has risen by 1.41% in the past week, with a monthly rise of 7.42% and a quarterly drop of -4.46%. The volatility ratio for the week is 1.72% while the volatility levels for the last 30 days are 2.39% for Treehouse Foods Inc The simple moving average for the last 20 days is 4.84% for THS’s stock, with a simple moving average of -10.48% for the last 200 days.
Analysts’ Opinion of THS
Many brokerage firms have already submitted their reports for THS stocks, with Truist repeating the rating for THS by listing it as a “Hold.” The predicted price for THS in the upcoming period, according to Truist is $35 based on the research report published on February 20, 2024 of the current year 2024.
Stephens, on the other hand, stated in their research note that they expect to see THS reach a price target of $48. The rating they have provided for THS stocks is “Equal-Weight” according to the report published on October 13th, 2023.
TD Cowen gave a rating of “Market Perform” to THS, setting the target price at $45 in the report published on September 13th of the previous year.
THS Trading at -0.82% from the 50-Day Moving Average
After a stumble in the market that brought THS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.57% of loss for the given period.
Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 1.72%, as shares surge +8.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.14% lower at present.
During the last 5 trading sessions, THS rose by +1.41%, which changed the moving average for the period of 200-days by -23.93% in comparison to the 20-day moving average, which settled at $37.31. In addition, Treehouse Foods Inc saw -6.03% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at THS starting from Hunter Mark, who sale 4,000 shares at the price of $41.86 back on Dec 04 ’23. After this action, Hunter Mark now owns 567 shares of Treehouse Foods Inc, valued at $167,440 using the latest closing price.
JANA PARTNERS LLC, the Director of Treehouse Foods Inc, purchase 24,375 shares at $44.69 during a trade that took place back on Sep 07 ’23, which means that JANA PARTNERS LLC is holding 4,907,689 shares at $1,089,319 based on the most recent closing price.
Stock Fundamentals for THS
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.17 for the gross margin
The net margin for Treehouse Foods Inc stands at 0.02. The total capital return value is set at 0.05. Equity return is now at value 3.41, with 1.37 for asset returns.
Based on Treehouse Foods Inc (THS), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 0.86. The interest coverage ratio of the stock is 2.21.
Currently, EBITDA for the company is 381.1 million with net debt to EBITDA at 3.7. When we switch over and look at the enterprise to sales, we see a ratio of 0.96. The receivables turnover for the company is 20.0for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.
Conclusion
In conclusion, Treehouse Foods Inc (THS) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
