|Day's Range||76.97 - 77.96|
|52 Week Range||62.64 - 104.53|
|PE Ratio (TTM)||-22.30|
|Earnings Date||Aug 2, 2017 - Aug 7, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||91.64|
OAK BROOK, Ill., May 22, 2017 /PRNewswire/ -- TreeHouse Foods, Inc. (THS) today announced that it has completed the sale transaction of its Soup and Infant Feeding ("SIF") business to Riverbend Foods LLC, a newly formed portfolio company of Insight Equity, a private equity firm. The SIF business is based in Pittsburgh, Pa. and is a leading manufacturer of private label condensed and ready-to-serve soup, baby food and gravy packaged in cans, glass jars and Tetra Recart® formats. Sales of the business were approximately $210 million in 2016, and the transaction will have a negligible impact on the ongoing operating income of TreeHouse Foods.
TreeHouse Foods (THS) has underperformed both the Zacks categorized Food - Miscellaneous/Diversified industry and the broader sector in the past one year.
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: