Treehouse Foods Inc (NYSE: THS) is -10.02% lower on its value in year-to-date trading and has touched a low of $28.04 and a high of $43.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The THS stock was last observed hovering at around $30.67 in the last trading session, with the day’s gains setting it 0.94%.
Currently trading at $31.61, the stock is -0.24% and -5.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing 3.06% at the moment leaves the stock -13.87% off its SMA200. THS registered -11.73% loss for a year compared to 6-month loss of -23.44%.
The stock witnessed a -7.79% gain in the last 1 month and extending the period to 3 months gives it a -7.98%, and is 0.41% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.92% over the week and 4.59% over the month.
Treehouse Foods Inc (THS) has around 7400 employees, a market worth around $1.59B and $3.35B in sales. Current P/E ratio is 58.09 and Fwd P/E is 14.62. Profit margin for the company is 0.80%. Distance from 52-week low is 12.73% and -27.90% from its 52-week high. The company has generated returns on investments over the last 12 months (0.87%).
The EPS is expected to shrink by -8.86% this year.
Treehouse Foods Inc (THS) Top Institutional Holders
The shares outstanding are 50.20M, and float is at 49.78M with Short Float at 4.20%.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.42 million shares valued at $271.91 million. The investor’s holdings represent 14.1896% of the THS Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 7.38 million shares valued at $270.39 million to account for 14.1101 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.59 million shares representing 10.6948% and valued at over $204.94 million, while JANA PARTNERS MANAGEMENT, LP holds 9.39 of the shares totaling 4.91 million with a market value of $179.94 million.
Treehouse Foods Inc (THS) Insider Activity
The most recent transaction is an insider sale by WATERMAN KRISTY N., the company’s EVP, General Counsel and CHRO. SEC filings show that WATERMAN KRISTY N. sold 3,000 shares of the company’s common stock on Aug 26 ’24 at a price of $42.34 per share for a total of $0.13 million. Following the sale, the insider now owns 20784.0 shares.
Still, SEC filings show that on May 13 ’24, Landry Stephen Alan (SVP, Chief Operations Officer) disposed off 3,723 shares at an average price of $34.99 for $0.13 million. The insider now directly holds 0 shares of Treehouse Foods Inc (THS).
