Fintel reports that on April 14, 2023,
Stifel
reiterated
coverage of TreeHouse Foods (NYSE:THS) with
a Hold recommendation.
Analyst Price Forecast Suggests 6.97% Upside
As of April 6, 2023,
the average one-year price target for TreeHouse Foods is $55.25.
The forecasts range from a low of $47.47 to a high of $63.00.
The average price target represents an increase of 6.97% from its latest reported closing price of $51.65.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for TreeHouse Foods
is $3,775MM, an increase of 9.29%.
The projected annual non-GAAP EPS
is $2.64.
What are Other Shareholders Doing?
Raymond James & Associates
holds 15K shares
representing 0.03% ownership of the company.
In it’s prior filing, the firm reported owning 30K shares, representing
a decrease
of 101.20%.
The firm
decreased
its portfolio allocation in THS by 51.99% over the last quarter.
SECAX – SIIT Small Cap II Fund –
holds 22K shares
representing 0.04% ownership of the company.
In it’s prior filing, the firm reported owning 32K shares, representing
a decrease
of 45.28%.
The firm
decreased
its portfolio allocation in THS by 29.24% over the last quarter.
ARSBX – Aristotle Small Cap Equity Fund Class I Shares
holds 43K shares
representing 0.08% ownership of the company.
No change in the last quarter.
Martingale Asset Management L P
holds 51K shares
representing 0.09% ownership of the company.
In it’s prior filing, the firm reported owning 53K shares, representing
a decrease
of 4.84%.
The firm
decreased
its portfolio allocation in THS by 99.89% over the last quarter.
BIAUX – Brown Advisory Small-Cap Fundamental Value Fund Investor Shares
holds 417K shares
representing 0.74% ownership of the company.
In it’s prior filing, the firm reported owning 648K shares, representing
a decrease
of 55.25%.
The firm
decreased
its portfolio allocation in THS by 27.48% over the last quarter.
What is the Fund Sentiment?
There are 594 funds or institutions reporting positions in TreeHouse Foods.
This is an increase
of
11
owner(s) or 1.89% in the last quarter.
Average portfolio weight of all funds dedicated to THS is 0.30%,
a decrease
of 3.49%.
Total shares owned by institutions decreased
in the last three months by 2.25% to 66,365K shares.
The put/call ratio of THS is 0.13, indicating a
bullish
outlook.
Treehouse Foods Background Information
(This description is provided by the company.)
TreeHouse Foods, Inc. is a leading manufacturer and distributor of private label packaged foods and beverages in North America. The Company has nearly 40 production facilities across North America and Italy, and its vision is to be the undisputed solutions leader for custom brands for its customers. TreeHouse Foods extensive product portfolio includes snacking, beverages and meal preparation products, available in shelf stable, refrigerated, frozen and fresh formats. The Company has a comprehensive offering of packaging formats and flavor profiles, and also offers clean label, organic and preservative-free ingredients across almost our entire portfolio. Our purpose is to make high quality food and beverages affordable to all.
See all TreeHouse Foods regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
