THS stock icon

Treehouse Foods
THS

$38.57
1.77%

Market Cap: 2.03B

 

About: TreeHouse Foods is the largest pure-play private-label manufacturer in the US. Much larger in the past following the 2016 acquisition of Ralcorp, Conagra's former private-label business, the company has since divested several businesses to focus on high-growth categories. At present, the company produces and sells snacks (crackers, pretzels, cookies, and so on), beverages and drink mixes (such as nondairy creamer, coffee, tea), and a select number of grocery products (pickles, refrigerated dough, hot cereal, cheese, and pudding). Its most important sales channel is through retail grocery stores that sell its products under their own brands, with co-manufacturing and food away from home as much smaller channels of distribution for its fare.

Employees: 7,400

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 5 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

475% more call options, than puts

Call options by funds: $2.26M | Put options by funds: $393K

3.65% more ownership

Funds ownership: 101.46% [Q4 2023] → 105.11% (+3.65%) [Q1 2024]

5% less capital invested

Capital invested by funds: $2.32B [Q4 2023] → $2.21B (-$109M) [Q1 2024]

9% less funds holding

Funds holding: 219 [Q4 2023] → 200 (-19) [Q1 2024]

25% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 83

40% less funds holding in top 10

Funds holding in top 10: 5 [Q4 2023] → 3 (-2) [Q1 2024]

42% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 45

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$35
9%
downside
Avg. target
$36
6%
downside
High target
$37
4%
downside

5 analyst ratings

positive
0%
neutral
100%
negative
0%
Mizuho
John Baumgartner
4%downside
$37
Neutral
Initiated
6 Jun 2024
Barclays
Andrew Lazar
7%downside
$36
Equal-Weight
Maintained
8 May 2024
TD Cowen
Robert Moskow
4%downside
$37
Hold
Maintained
7 May 2024
Stifel
Matthew Smith
7%downside
$36
Hold
Maintained
7 May 2024
Truist Securities
Bill Chappell
9%downside
$35
Hold
Downgraded
20 Feb 2024

Financial journalist opinion

Based on 3 articles about THS published over the past 30 days