|Bid||42.18 x 800|
|Ask||42.22 x 900|
|Day's Range||40.83 - 42.31|
|52 Week Range||33.50 - 56.03|
|Beta (5Y Monthly)||0.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 05, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||56.60|
Moody's Investors Service, ("Moody's") today assigned a B2 rating to $400 million senior unsecured notes due 2028 being offered today by TreeHouse Foods, Inc. ("TreeHouse"). All other of the company's ratings, including its Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating, Ba2 senior secured debt, B2 senior unsecured debt, and SGL-2 Speculative Grade Liquidity rating are unaffected. Moody's views the transaction as credit positive because it will extend TreeHouse's debt maturity profile without materially affecting cash interest cost.
TreeHouse Foods (THS) is witnessing higher demand courtesy of greater at-home consumption amid COVID-19. Also, its portfolio refining efforts are noteworthy.
TreeHouse Foods Sees Hammer Chart Pattern: Time to Buy?