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After finishing at $37.26 in the prior trading day, Treehouse Foods Inc (NYSE: THS) closed at $34.58, down -7.19%. In other words, the price has decreased by -$7.19 from its previous closing price. On the day, 1.43 million shares were traded. THS stock price reached its highest trading level at $36.74 during the session, while it also had its lowest trading level at $33.28.
Ratios:
Our goal is to gain a better understanding of THS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 91.75. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on February 20, 2024, Downgraded its rating to Hold and sets its target price to $35 from $45 previously.
On October 13, 2023, Stephens started tracking the stock assigning a Equal-Weight rating and target price of $48.
On September 13, 2023, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $45.TD Cowen initiated its Market Perform rating on September 13, 2023, with a $45 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 04 ’23 when Hunter Mark sold 4,000 shares for $41.86 per share. The transaction valued at 167,440 led to the insider holds 567 shares of the business.
JANA PARTNERS LLC bought 24,375 shares of THS for $1,089,319 on Sep 07 ’23. The Director now owns 4,907,689 shares after completing the transaction at $44.69 per share. On Sep 06 ’23, another insider, JANA PARTNERS LLC, who serves as the Director of the company, bought 87,900 shares for $44.49 each. As a result, the insider paid 3,910,671 and bolstered with 4,883,314 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, THS now has a Market Capitalization of 2006884992 and an Enterprise Value of 3297065984. As of this moment, Treehouse’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.07, and their Forward P/E ratio for the next fiscal year is 11.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 0.961 whereas that against EBITDA is 9.618.
Stock Price History:
Over the past 52 weeks, THS has reached a high of $55.30, while it has fallen to a 52-week low of $34.76. The 50-Day Moving Average of the stock is -6.61%, while the 200-Day Moving Average is calculated to be -17.04%.
Shares Statistics:
The stock has traded on average 554.03K shares per day over the past 3-months and 439830 shares per day over the last 10 days, according to various share statistics. A total of 54.10M shares are outstanding, with a floating share count of 53.42M. Insiders hold about 0.81% of the company’s shares, while institutions hold 103.03% stake in the company. Shares short for THS as of 1713139200 were 2457519 with a Short Ratio of 4.44, compared to 1710460800 on 2549609. Therefore, it implies a Short% of Shares Outstanding of 2457519 and a Short% of Float of 7.3999999999999995.
