Analysts predict that TreeHouse Foods Inc. (NYSE:THS) will announce earnings per share of $1.12 for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for TreeHouse Foods’ earnings, with the highest EPS estimate coming in at $1.27 and the lowest estimate coming in at $1.01. TreeHouse Foods reported earnings per share of $1.03 in the same quarter last year, which suggests a positive year over year growth rate of 8.7%. The company is scheduled to issue its next quarterly earnings results on Thursday, February 13th.

According to Zacks, analysts expect that TreeHouse Foods will report full year earnings of $2.38 per share for the current financial year, with EPS estimates ranging from $2.30 to $2.47. For the next fiscal year, analysts forecast that the business will report earnings of $2.68 per share, with EPS estimates ranging from $2.55 to $2.83. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for TreeHouse Foods.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.03). The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.08 billion. TreeHouse Foods had a negative net margin of 7.65% and a positive return on equity of 5.80%. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.57 earnings per share.

THS has been the topic of a number of recent research reports. ValuEngine upgraded TreeHouse Foods from a “sell” rating to a “hold” rating in a research report on Friday. Stifel Nicolaus raised TreeHouse Foods from a “hold” rating to a “buy” rating and increased their price target for the company from $62.00 to $64.00 in a research note on Thursday, August 1st. Peel Hunt reissued a “buy” rating on shares of TreeHouse Foods in a research note on Tuesday, October 22nd. Barclays reissued a “hold” rating on shares of TreeHouse Foods in a research note on Sunday, November 10th. Finally, UBS Group cut their price target on TreeHouse Foods from $60.00 to $55.00 and set a “neutral” rating on the stock in a research note on Monday, November 11th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $62.14.

THS traded down $0.03 during mid-day trading on Friday, reaching $49.42. The stock had a trading volume of 12,438 shares, compared to its average volume of 505,896. The stock has a market capitalization of $2.79 billion, a P/E ratio of 22.48, a P/E/G ratio of 2.11 and a beta of 0.72. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.67 and a current ratio of 1.49. The firm’s fifty day simple moving average is $53.03 and its two-hundred day simple moving average is $54.67. TreeHouse Foods has a 52 week low of $44.60 and a 52 week high of $67.88.

In related news, SVP Lori G. Roberts sold 3,134 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $54.28, for a total transaction of $170,113.52. Following the sale, the senior vice president now owns 3,038 shares of the company’s stock, valued at approximately $164,902.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Thomas Emmet Oneill III sold 6,850 shares of the firm’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $50.21, for a total value of $343,938.50. Following the sale, the vice president now directly owns 121,183 shares in the company, valued at approximately $6,084,598.43. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

A number of institutional investors have recently modified their holdings of THS. Russell Investments Group Ltd. increased its holdings in TreeHouse Foods by 42.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,733,649 shares of the company’s stock worth $93,790,000 after purchasing an additional 512,609 shares in the last quarter. AQR Capital Management LLC increased its holdings in TreeHouse Foods by 182.8% during the 2nd quarter. AQR Capital Management LLC now owns 504,058 shares of the company’s stock worth $26,922,000 after purchasing an additional 325,829 shares in the last quarter. APG Asset Management N.V. grew its holdings in shares of TreeHouse Foods by 51.5% in the 2nd quarter. APG Asset Management N.V. now owns 857,300 shares of the company’s stock valued at $40,727,000 after acquiring an additional 291,600 shares in the last quarter. Nuveen Asset Management LLC bought a new position in shares of TreeHouse Foods in the 2nd quarter valued at about $11,813,000. Finally, Sapience Investments LLC grew its holdings in shares of TreeHouse Foods by 242.9% in the 2nd quarter. Sapience Investments LLC now owns 273,772 shares of the company’s stock valued at $14,811,000 after acquiring an additional 193,922 shares in the last quarter.

About TreeHouse Foods

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.

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Earnings History and Estimates for TreeHouse Foods (NYSE:THS)

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