TreeHouse Foods Inc (NYSE: THS) has reported E.P.S. of $-0.22 for its first fiscal quarter (ending March 31) versus $0.34 for the same period a year ago — a decline of -165%. This performance was $-0.48 short of the consensus estimate of $0.26. For the latest four quarters through March 31, E.P.S. were $0.50 compared to $0.43 a year ago — an increase of 16%.
Recent Price Action
TreeHouse Foods Inc (NYSE: THS) stock closed at $34.58 on 5/6/24 after a large decline of -7.2%. Moreover, this decline was accompanied by exceptionally high trading volume at 264% of normal. The stock has declined -3.5% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, THS is expected to continue to be a Value Builder.
TreeHouse Foods has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. TreeHouse Foods has a neutral Appreciation Score of 44 but a poor Power Rating of 21, leading to the Negative Value Trend Rating.
Rating Review
In light of this discouraging new earnings information and negative market action we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
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