Treehouse Foods Inc (NYSE: THS) – Time For Strategy Change?

Treehouse Foods Inc (NYSE:THS) currently has a daily average trading volume of 415.05K but it saw 1017397 shares traded in last market. With a market cap of 1.96B USD, the company’s current market price of $37.84 came falling about -1.66 while comparing to the previous closing price of $38.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $43.84 and as low as $33.28. In the recent trading on the day, stock has struck highest price mark of $37.71 while lowest mark touched by it was $38.795.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Mizuho which initiated the stock as “Neutral” in its note to investors issued on June 06, 2024, recommending a price target of $37 for it. Truist downgraded its recommendation for the stock as a “Hold” from “Buy” on February 20, 2024 while assigning a price target range of $45-$35. Stephens also issued its recommendations for the stock as it initiated the price target for the stock is $48.

Over the week, THS’s stock price is moving -10.29% down while it is -8.20% when we observe its performance for the past one month. Year-to-date it is -8.71% down and over the past year, the stock is showing a downside performance of -5.61%.

Currently, Treehouse Foods Inc’s total number of outstanding shares is 54.10M. Company’s return on investment (ROI) stands at -0.52% and return on equity (ROE) at -0.74%. It has a 12.45 of forward P/E ratio. Stock’s beta reads 0.22. Stock has a price to book (P/B) ratio of 1.26 while price to sale or P/S ratio amounts to 0.58. Its return on asset (ROA) is -0.29% on average.