TreeHouse Foods Inc (NYSE: THS) has reported E.P.S. of $-0.32 for its second fiscal quarter (ending June 30) versus $0.40 for the same period a year ago — a decline of -180%. This result fell short of the consensus estimate of $0.13 by $-0.45. For the latest four quarters through June 30, E.P.S. were $-0.24 versus $1.26 for the same period a year ago — a decline of -119%.
Recent Price Action
TreeHouse Foods Inc (NYSE: THS) stock declined by -2.5% on 8/5/24. The shares closed at $38.33. Moreover, this decline was accompanied by exceptionally high trading volume at 208% of normal. The stock has been weak relative to the market over the last nine months and has declined -1.1% during the last week.
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). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. TreeHouse Foods has a neutral Appreciation Score of 43 and a slightly negative Power Rating of 40, and the Negative Value Trend Rating results.
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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