As of Wednesday close, TreeHouse Foods Inc.’s (NYSE:THS) stock was up $0.38, moving up 0.79 percent to $48.74. The average number of shares traded per day over the past five days has been 291,220 shares. 5 times new highs have been achieved over the past 5 days, with a $1.71 gain in that time frame. In the last twenty days, the average volume was 415,735, while in the previous 50 days, it was 461,694.
Since last month, THS stock rose 0.97%. Shares of the company fell to $42.52 on 11/07/22, the lowest level in the past month. A 52-week high of $51.04 was reached on 11/08/22 after having rallying from a 52-week low of $29.47. Since the beginning of this year, THS’s stock price has risen by 20.26% or $8.21, and marked a new high 18 times. However, the stock has declined by -4.51% since its 52-week high.
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THS stock investors should be aware that TreeHouse Foods Inc. (THS) stock had its last reported insider trading activity 73 days ago on Sep 12. SARDINI ANN, the Director of the company, disposed of 16,830 shares for $45.00 on Sep 12. It resulted in a $757,350 divestment by the insider. JANA PARTNERS LLC sold 47,472 shares at an average price of $48.17 on Aug 23. The insider now owns 4,747,492 shares following the transaction. On Aug 22, Director JANA PARTNERS LLC sold 68,245 shares at $48.82 apiece. The transaction was valued at $3,331,721.
The stock’s beta is 0.49. Besides these, the trailing price-to-sales (P/S) ratio of 0.76, the price-to-book (PB) ratio of 1.59.
In the three months ended September 29, TreeHouse Foods Inc.’s quick ratio stood at 1.20, while its current ratio was 1.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.10, and the total debt-to-equity ratio was 1.10. On the profitability front, the trailing twelve-month gross margin is 14.10% percent. In the year ended September 29, operating margins totaled -4.40%. Based on annual data, THS earned $698.1 million in gross profit and brought in $4.33 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.30%. Return on equity (ROE) for the past 12 months was -6.90%.
In TreeHouse Foods Inc.’s quarter-end financial report for September 29, it reported total debt of $1.88 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. THS’s revenue fell -25.85% to $1.2 billion during the quarter, while net income inched up to $875.0 million. While analysts expected TreeHouse Foods Inc. to report $0.16 quarterly earnings, the actual figure was $0.3 per share, beating the consensus estimate by 87.50%. During the quarter, the company generated -$7.7 million in EBITDA. The liabilities of TreeHouse Foods Inc. were 3.47 billion at the end of its most recent quarter ended September 29, and its total debt was $2.09 billion. The value of shareholders’ equity is $56.08 million.
This quick technical analysis looks at TreeHouse Foods Inc.’s (THS) price momentum. With a historical volatility rate of 20.93%, the RSI 9-day stood at 60.24% on 23 November.
With respect to its five-day moving average, the current TreeHouse Foods Inc. price is up by +3.64% percent or $1.71. At present, THS shares trade -1.59% below its 20-day simple moving average and +13.85% percent above its 100-day simple moving average. However, the stock is currently trading approximately +11.05% above its SMA50 and +36.49% above its SMA200.
Stochastic coefficient K was 69.52% and Stochastic coefficient D was 64.02%, while ATR was 1.58. Given the Stochastic reading of 73.00% for the 14-day period, the RSI (14) reading has been calculated as 57.43%. As of today, the MACD Oscillator reading stands at 0.79, while the 14-day reading stands at 0.90.
Truist upgraded its rating on TreeHouse Foods Inc. (NYSE: THS) to a Buy in a note to investors on May 23, 2022. The analysts firm previously had a Hold rating on the stock.TreeHouse Foods Inc. (THS) has been rated Overweight by analysts. According to 0 brokerage firms, THS is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate TreeHouse Foods Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $48.50, the current consensus forecast for the stock is $47.00 – $60.00. Based on these forecasts, analysts predict TreeHouse Foods Inc. (THS) will achieve an average price target of $50.50.