Is Treehouse Foods (NYSE:THS) Oversold?

Rodiano Bonacci
Novembre 18, 2017

Zacks Investment Research cut Treehouse Foods from a "hold" rating to a "sell" rating in a report on Thursday, July 27th.

A number of other equities research analysts have also commented on THS.

In a research report sent to clients and investors on 3 November, Stifel Nicolaus downgraded shares of Treehouse Foods (NYSE:THS) to a lower Hold rating from the previous Buy rating.

Equity analyst Jefferies Group LLC lowered the price target of the stock on November 6 changing the price objective from $90.00 to $68.00 with a rating of "Buy". Susquehanna Bancshares Inc reiterated a "neutral" rating and set a $78.00 price target (down previously from $108.00) on shares of Treehouse Foods in a research note on Friday, August 4th. Finally, UBS AG downgraded Treehouse Foods from a "positive" rating to a "neutral" rating in a research note on Friday, August 4th. A 6 analysts rate it as either a buy or a strong buy, while2 believe that investors should either steer clear of KMX or, if they already own its stock, sell it.

Treehouse Foods (NYSE:THS) is at oversold status with an RSI (14) at 19.03.

In related news, Director Gary Dale Smith purchased 2,000 shares of Treehouse Foods stock in a transaction on Tuesday, November 7th. Treehouse Foods has a 12 month low of $40.26 and a 12 month high of $90.42. THS comes in with a P/S ratio of 0.37 that's below 1, potentially implying that it could be cheap relative to the overall sector (6.03) and its peers (1.82). November 2 investment analysts at BMO Capital Markets held the stock rating at "Buy" with a current price target of $85.00. Cambiar Investors Llc acquired 203,248 shares as Treehouse Foods Inc (THS)'s stock declined 7.56%. As of the last earnings report the EPS was $-4.51 with 57.22M shares now outstanding. The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.52 billion. TreeHouse Foods also remains exposed to currency headwinds due to its significant exposure in global markets. Treehouse Foods Inc now has $2.46 billion valuation. The firm has a market cap of $2,460.00, a P/E ratio of 14.33, a price-to-earnings-growth ratio of 2.14 and a beta of 0.63. (KMX) - averaging the work of different analysts - reveals a mean PT of $75.94/share. This repurchase authorization allows the company to purchase shares of its stock through open market purchases.

Treehouse Foods declared that its board has authorized a share buyback program on Thursday, November 2nd that allows the company to repurchase $400.00 million in outstanding shares. Of the analysts surveyed by Reuters that track Treehouse Foods, Inc.

Treehouse Foods (THS) traded up $0.99 during midday trading on Monday, hitting $42.86. If you are accessing this article on another website, it was illegally copied and republished in violation of US and global copyright and trademark law. The correct version of this article can be accessed at The stock price of THS is moving down from its 20 days moving average with -21.72% and isolated negatively from 50 days moving average with -31.24%. The Director now owns $85,280 of the stock according to the SEC filing. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Sam K. Reed, CEO, Chairman of the Board disclosed the sale of 11,480 shares. The shares were sold at an average price of $66.32, for a total value of $761,353.60. The disclosure for this purchase can be found here. Insiders have sold 34,440 shares of company stock worth $2,027,712 over the last 90 days. The stock has "Hold" rating by Suntrust Robinson on Thursday, November 3. Teachers Advisors LLC boosted its stake in Treehouse Foods by 8.6% during the first quarter. Prudential Financial Inc. now owns 141,658 shares of the company's stock valued at $11,572,000 after buying an additional 103,350 shares in the last quarter. Creative Planning increased its position in Treehouse Foods by 28.8% during the second quarter. Creative Planning now owns 1,379 shares of the company's stock valued at $113,000 after acquiring an additional 308 shares during the last quarter. Employees Retirement System of Texas increased its holdings in Treehouse Foods by 161.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,982 shares of the company's stock valued at $162,000 after acquiring an additional 199 shares during the last quarter. Comerica Fincl Bank invested 0.09% in TreeHouse Foods Inc. The Company's segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. The Company manufactures a range of shelf stable, refrigerated, fresh and frozen products. Its product categories include beverages, salad dressings, snack nuts, beverage enhancers, pickles, sauces, cereals, pasta and dry dinners, cookies and crackers, retail bakery, aseptic products, jams and other products.

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