In Friday’s Wall Street session, Treehouse Foods Inc (NYSE:THS) shares traded at $21.98, down -2.22% from the previous session.
THS stock price is now -8.55% away from the 50-day moving average and -34.02% away from the 200-day moving average. The market capitalization of the company currently stands at $1.11B.
On June 06, 2024, Mizuho recently initiated its ‘Neutral’ rating on the stock quoting a target price of $37, while ‘Truist’ rates the stock as ‘Hold’
In other news, JANA Partners Management, LP, Director bought 339,000 shares of the company’s stock on May 13 ’25. The stock was bought for $7,902,090 at an average price of $23.31. Upon completion of the transaction, the Director now directly owns 5,821,337 shares in the company, valued at $127.95 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09 ’25, Director JANA Partners Management, LP bought 424,126 shares of the business’s stock. A total of $9,525,870 was incurred on buying the stock at an average price of $22.46. This leaves the insider owning 5,464,659 shares of the company worth $120.11 million. A total of 1.13% of the company’s stock is owned by insiders.
During the past 12 months, Treehouse Foods Inc has had a low of $20.63 and a high of $43.84. As of last week, the company has a debt-to-equity ratio of 1.04, a current ratio of 1.14, and a quick ratio of 0.27.
The net profit margin was 0.20% and return on equity was 0.43% for THS. The company reported revenue of $792.0 million for the quarter, compared to $820.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.5 percent.
