Truist upgraded TreeHouse Foods from Hold to Buy
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/15/2024 | Overweight → Equal Weight | Consumer Edge Research | |
| 6/6/2024 | $37.00 | Neutral | Mizuho |
| 2/20/2024 | $45.00 → $35.00 | Buy → Hold | Truist |
| 10/13/2023 | $48.00 | Equal-Weight | Stephens |
| 9/13/2023 | $45.00 | Market Perform | TD Cowen |
| 4/14/2023 | $53.00 | Hold | Stifel |
| 3/20/2023 | $60.00 | Buy | UBS |
| 5/23/2022 | Hold → Buy | Truist |
Achieves Expected Supply Chain Savings Updates 2024 Outlook Net sales were $839.1 million. Excluding the voluntary griddle product recall, adjusted net sales were $854.4 million.Net loss from continuing operations was $(3.4) million.Adjusted EBITDA1 of $102.5 million was within the Company's guidance range of $98 to $108 million.Updated 2024 outlook now calls for adjusted net sales of $3.37 to $3.40 billion, adjusted EBITDA of $335 to $345 million, and free cash flow2 of at least $120 million.OAK BROOK, Ill., Nov. 12, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) today reported financial results for the third quarter of 2024. "Our third quarter results were mixed, as a tough operati
OAK BROOK, Ill., Oct. 8, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) will report financial results for its third quarter ended September 30, 2024, before the market open on Tuesday, November 12, 2024. The Company will host an earnings call and webcast at 8:30 a.m. ET to discuss the results for the third quarter and its outlook for the balance of the year. To participate on the webcast, please register here: TreeHouse Foods Third Quarter 2024 Earnings Call. Additionally, ahead of the conference call an Earnings Presentation will be posted to the Company's investor relations website. A replay of the webcast will be available on the Company's investor relations website following the
Q2 Profit Exceeds Guidance Range Reaffirms 2024 Net Sales Outlook, Including 2H Volume Growth Narrows 2024 Adjusted EBITDA Range Net sales of $788.5 million was above the mid-point of the Company's guidance range of $770 to $800 million.Net loss from continuing operations was $(16.7) million.Adjusted EBITDA1 of $70.6 million exceeded the Company's guidance range of $55 to $65 million.Repurchased approximately $45 million of Company shares during the quarter.Reaffirmed 2024 outlook for net sales of $3.43 to $3.50 billion and free cash flow2 of at least $130 million; narrowed adjusted EBITDA2 outlook of $360 to $380 million.OAK BROOK, Ill., Aug. 5, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (
OAK BROOK, Ill., April 26, 2023 /PRNewswire/ -- TreeHouse Foods, Inc. ("TreeHouse Foods" or the "Company") (NYSE:THS) today announced that Patrick O'Donnell has been named Executive Vice President and Chief Financial Officer. "Pat has demonstrated strong leadership and made valuable contributions to the ongoing advancement of TreeHouse's growth strategy during his time as Interim CFO and we are pleased to appoint him to the role in a permanent capacity," said Steve Oakland, President and Chief Executive Officer of TreeHouse Foods. "He is a results-driven leader who brings substantial finance and accounting expertise along with a deep understanding of our business and industry. As we progress
Loftus brings strong industry experience to the new role, will focus on accelerating execution of the company's strategy and driving efficiencies for growth Sun-Maid Growers of California is pleased to announce the appointment of Steve Loftus as President and Chief Operating Officer, reporting to Harry Overly, Executive Chairman of the Board. In this newly created role, all functional areas within Sun-Maid will report directly to Loftus as he will be accountable to the daily operations of the business. A 15-year industry veteran, Loftus is recognized for his ability to build and align cross functional partners around common objectives, delivering short and long term financial and strategic
Appointments of Rachel Bishop, Jeffrey Boyer and Chip Molloy Enhance Board's Expertise in Retail Operations, Strategy and Finance Sally Beauty Holdings, Inc. (NYSE:SBH) today announced the appointment of Rachel R. Bishop, Ph.D., President, Hefty Tableware at Reynolds Consumer Products; Jeffrey Boyer, Chief Operating Officer of Fossil Group; and Lawrence "Chip" Molloy, Chief Financial Officer of Sprouts Farmers Market, to its Board of Directors, effective immediately. With these appointments, Sally Beauty Holdings' Board is now 46% women and 8% racially/ethnically diverse, and 69% have joined within the last five years. "On behalf of my fellow directors, we are very pleased to welcome Rach
Consumer Edge Research downgraded TreeHouse Foods from Overweight to Equal Weight
Mizuho initiated coverage of TreeHouse Foods with a rating of Neutral and set a new price target of $37.00
Truist downgraded TreeHouse Foods from Buy to Hold and set a new price target of $35.00 from $45.00 previously
SC 13G/A - TreeHouse Foods, Inc. (0001320695) (Subject)
SC 13G - TreeHouse Foods, Inc. (0001320695) (Subject)
SC 13G/A - TreeHouse Foods, Inc. (0001320695) (Subject)
Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Treehouse Foods (NYSE:THS) in the last three months. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 3 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $36.5, a high estimate of $37.00, and a low estimate of $36.00. A decline of 4.77% f
Mizuho analyst John Baumgartner initiates coverage on Treehouse Foods (NYSE:THS) with a Neutral rating and announces Price Target of $37.
Barclays analyst Andrew Lazar maintains Treehouse Foods (NYSE:THS) with a Equal-Weight and lowers the price target from $39 to $36.
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
4 - TreeHouse Foods, Inc. (0001320695) (Issuer)
8-K - TreeHouse Foods, Inc. (0001320695) (Filer)
10-Q - TreeHouse Foods, Inc. (0001320695) (Filer)
8-K - TreeHouse Foods, Inc. (0001320695) (Filer)
OAK BROOK, Ill., Nov. 13, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) announced today that its Board of Directors has approved a $400 million share repurchase authorization. This renewal maintains the existing annual cap of $150 million. The Company will repurchase shares opportunistically and the authorization is open ended. The Company can begin repurchasing shares immediately. "Today's announcement is a reflection of continued execution of our capital allocation strategy and indicates our Board's confidence in the strength of our balance sheet and our future cash generating capability, which should provide value for our shareholders over time," said Steve Oakland, Chairman, Chi
Achieves Expected Supply Chain Savings Updates 2024 Outlook Net sales were $839.1 million. Excluding the voluntary griddle product recall, adjusted net sales were $854.4 million.Net loss from continuing operations was $(3.4) million.Adjusted EBITDA1 of $102.5 million was within the Company's guidance range of $98 to $108 million.Updated 2024 outlook now calls for adjusted net sales of $3.37 to $3.40 billion, adjusted EBITDA of $335 to $345 million, and free cash flow2 of at least $120 million.OAK BROOK, Ill., Nov. 12, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) today reported financial results for the third quarter of 2024. "Our third quarter results were mixed, as a tough operati
OAK BROOK, Ill., Oct. 22, 2024 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) is expanding its voluntary recall to include all products manufactured at one facility and still within their shelf-life. The recall is expanded to include frozen toaster waffle, Belgian waffle and pancake products, due to the potential to be contaminated with Listeria monocytogenes. Listeria monocytogenes is an organism that can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain, and diarrhea. Listeria monocyt