THS - TreeHouse Foods, Inc.

NYSE - NYSE Delayed Price. Currency in USD
47.41
-0.02 (-0.04%)
At close: 4:02PM EST
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Previous Close47.43
Open47.41
Bid47.50 x 1200
Ask47.43 x 900
Day's Range47.02 - 47.56
52 Week Range44.61 - 67.88
Volume212,774
Avg. Volume471,466
Market Cap2.665B
Beta (5Y Monthly)0.72
PE Ratio (TTM)N/A
EPS (TTM)-6.94
Earnings DateFeb 12, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est60.09
  • Forget Lyft, Buy These 2 Stocks Instead
    InvestorPlace

    Forget Lyft, Buy These 2 Stocks Instead

    When it comes to Lyft (NASDAQ:LYFT), I'm on the fence. While I like the idea that Uber (NYSE:UBER) has a major competitor in North America to keep prices low, it's terrible if you want to make money off Lyft stock.Source: Roman Tiraspolsky / Shutterstock.com InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn December, I stated that Lyft's pathway to profitability is best achieved by raising prices. This wasn't an original idea, mind you. It came from Barclays Capital's analysis of ride-hailing trips in New York City. Although this theory provided a glimmer of hope, I wanted nothing to do with it or Uber. The fact analysts have been reasonably positive about both stocks in 2020, be damned. What's There to Like About Lyft Stock?First, I often repeat the wise words of Canadian billionaire money manager Stephen Jarislowsky in my articles about recent IPOs because they are spot on."New issues are typically well promoted," wrote Jarislowsky in his 2005 book, The Investment Zoo. "My experience is that you can buy nine out of 10 new issues at a lower price a year or two later … I generally avoid new issues…."Here we sit, 10 months after Lyft's IPO, and its stock price is down 40% through Jan. 16. That provides interested investors with a much cheaper entry point.A second point to make is that even analysts such as Bernstein's Mark Shmulik, who's got a target price of $48 on Lyft stock (it's at $47 as I write this), admits Lyft's got some things going for it. "The good news is that they operate in a market that appears to be rationalizing, which helps drive bottom-line margin improvement" Shmulik wrote in a Jan. 8 note to clients. "… Our revenue forecast remains steady at 26% Y/Y in-line with consensus."Finally, InvestorPlace's Brad Moon recently stated that out of 37 analysts, 23 rate Lyft a buy with a median target price of $70, providing investors with potential upside of 49%. In a year in which many experts expect the markets to tread water, an almost 50% return is very enticing. However, with profitability not expected until at least 2021, Lyft has got to execute at a very high level. I don't see that the risks are worth it. Instead, I would argue that if you did a screen of U.S. stocks with a market capitalization of $2 billion or higher, my guess is that those trading directly above and below Lyft stock in terms of share price would present a better investment opportunity. This time next year, I'll be sure to let readers know if I was right. This Drink Maker Had a Tough 2019National Beverage (NASDAQ:FIZZ), the maker of LaCroix sparkling water, lost almost 30% of its value in 2019. It now trades for about a third of its all-time high hit in September 2017.First, here's the good news. On Dec. 6, National Beverage reported second-quarter adjusted earnings per share of 70 cents, 2 cents higher than the consensus estimate. FIZZ stock gained 12% on the news. The company noted that its November orders were ahead of the same period a year earlier. And its new Hi-Biscus flavor for LaCroix drink was flying off the shelves. The bad news is that the company got hit with a lawsuit last June that alleged LaCroix sparkling water isn't nearly as good for you as the company claims. It's because of this lawsuit and PepsiCo's (NASDAQ:PEP) commitment to spend more on Bubly, its sparkling water brand, that investors are lining up to short its stock.If I had to bet my last $5, I'd probably go with FIZZ because it makes money. The Tree House RocksThe stock directly below Lyft on my screen is TreeHouse Foods (NYSE:THS), a leading manufacturer of private-label packaged foods and beverages. It might not be a glamorous business, but it helps keep grocery-store brands on the shelves. On Jan. 13, TreeHouse announced that its deal to sell its ready-to-eat cereal business to Post Holdings (NYSE:POST) was terminated due to opposition from the Federal Trade Commission. As a result, the company will put the business up for sale once more, looking for a buyer that's not already heavily involved in the RTE cereal business. Going back to the drawing board is never a good thing. But that's business. Eventually, TreeHouse will find a suitable buyer. In the meantime, it expects to generate revenues and adjusted earnings from continuing operations in 2019 of $4.3 billion and $2.30 a share, respectively. Down 20% over the past 52 weeks, TreeHouse's valuation is cheaper than it's been in five years. It's not risk free, mind you, but it won't be nearly as volatile as Lyft in 2020.Ultimately, both of these alternatives aren't nearly as sexy as Lyft stock -- but who cares? All you should care about is making money over the long haul.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post Forget Lyft, Buy These 2 Stocks Instead appeared first on InvestorPlace.

  • TreeHouse Foods (THS) Calls Off Contract With Post Holdings
    Zacks

    TreeHouse Foods (THS) Calls Off Contract With Post Holdings

    TreeHouse Foods (THS) and Post Holdings terminate their deal for the RTE cereal business. Also, TreeHouse Foods inks a deal to offload two of its in-store bakery facilities to Rich Products.

  • Post Holdings calls off acquisition as regulators warn it could lead to higher prices
    American City Business Journals

    Post Holdings calls off acquisition as regulators warn it could lead to higher prices

    One partner in the deal said the time and resources to challenge the Federal Trade Commission's opposition was "not in the best interests of our constituencies."

  • MarketWatch

    Treehouse, Post Holdings end their deal on cereal bars

    Treehouse Foods Inc. and Post Holdings Inc. said late Monday that Treehouse's deal to sell its ready-to-eat cereal business to Post has ended after a December complaint filed by the Federal Trade Commission opposing the deal. "After thoroughly evaluating our options and the potential outcomes, our board has determined that terminating the agreement with Post and immediately seeking another buyer for the business is the proper course forward," said Treehouse Chief Executive Steve Oakland in a statement. "Unfortunately the business risk, necessary resources and extent of time required to challenge the FTC's position was not in the best interest of our constituencies." TreeHouse had bought its ready-to-eat cereal business from ConAgra Brands in 2016. TreeHouse announced the deal with Post in May for an undisclosed sum, saying that the transaction was expected to close in July.

  • PR Newswire

    TreeHouse Foods, Inc. Terminates Agreement to Sell Ready-to-Eat Cereal Business to Post Holdings; Announces Re-Marketing of the Business

    TreeHouse Foods, Inc. (NYSE: THS) announced that effective today, the Company mutually agreed with Post Holdings (NYSE: POST) to terminate the previously-announced agreement to sell its ready-to-eat (RTE) cereal business to Post. TreeHouse also noted that it will begin the process of re-marketing the business for sale. These decisions follow the December 19, 2019 complaint filed by the Federal Trade Commission (FTC) opposing the sale of TreeHouse's RTE cereal business to Post Holdings.

  • GlobeNewswire

    Post Holdings Terminates Agreement to Buy Ready-to-Eat Cereal Business from TreeHouse Foods, Inc.

    ST. LOUIS, Jan. 13, 2020 -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced it has terminated the agreement to purchase TreeHouse.

  • PR Newswire

    TreeHouse Foods, Inc. Announces Definitive Agreement to Sell Two In-Store Bakery Facilities to Rich Products

    TreeHouse Foods, Inc. (NYSE: THS) today announced that it entered into a definitive agreement on January 10 to sell two of its in-store bakery facilities located in Fridley, Minn. and Lodi, Calif. to Rich Products Corporation, a family-owned food company with more than 11,000 associates, operating on six continents, in more than 100 countries around the globe. The Fridley and Lodi plants manufacture breads, rolls and cakes for in-store retail bakeries and foodservice customers. The transaction is subject to customary closing conditions and is expected to close by April 10, 2020. Financial terms of the transaction were not disclosed.

  • TreeHouse Foods Down on Dismal Sales: Any Scope for Revival?
    Zacks

    TreeHouse Foods Down on Dismal Sales: Any Scope for Revival?

    TreeHouse Foods (THS) struggles with sluggish sales in its Baked and Meal Solutions units. Soft margins are also a concern.

  • PR Newswire

    TreeHouse Foods Announces Webcast of Fourth Quarter 2019 Earnings Conference Call

    TreeHouse Foods, Inc. (NYSE: THS) will host an audio webcast of its fourth quarter earnings results conference call on Thursday, February 13, 2020 at 8:30 a.m. ET. Steve Oakland, Chief Executive Officer and President, and William J. Kelley, Jr. Interim Chief Financial Officer, will discuss the results for the fourth quarter and the outlook for 2020. An earnings release will be issued before the market opens on the same date, and the accompanying slides will be posted to the "Investors" section of the website at approximately 8:15 a.m. ET. The webcast will be accessible by visiting http://www.treehousefoods.com and by clicking on "Investors", "Events & Presentations".

  • Benzinga

    FTC Challenges Post's $110M Acquisition Of TreeHouse's Cereal Business

    The Federal Trade Commission said last week in a statement it filed an administrative complaint that puts Post Holdings Inc's (NYSE: POST) proposed $110-million acquisition of TreeHouse Foods Inc.'s (NYSE: THS) cereal business into question. The FTC said that Post's acquisition of TreeHouse's cereal business implies that it would control 60% of the private label cereal market. Post and TreeHouse are two of only three major manufacturers and distributors of private label cereal and would "remove the competitive pressure" that forces companies to produce high-quality, low-price products, in the regulatory agency's view.

  • GlobeNewswire

    Post Holdings and TreeHouse Foods Provide Update Regarding Action by the Federal Trade Commission Regarding Post’s Proposed Acquisition of TreeHouse’s Private Label Ready-to-Eat Cereal Business

    “The FTC’s decision to block the combination of our ready-to-eat cereal business with Post is unfortunate,” said Steve Oakland, CEO and President of TreeHouse. Certain matters discussed in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

  • Reuters

    UPDATE 1-FTC seeks to stop Post Holding's proposed acquisition of TreeHouse unit

    The Federal Trade Commission filed a complaint asking a judge to stop Post Holdings Inc's proposed purchase of TreeHouse Foods, Inc.’s private-label cereal business, the agency said on Thursday. The FTC said that Post and TreeHouse were two of only three manufacturers of private-label cereals, which are usually sold under a retailer's brand name. All five FTC commissioners, three Republicans and two Democrats, voted to approve the lawsuit.

  • Hedge Funds Warming Up To TreeHouse Foods Inc. (THS)
    Insider Monkey

    Hedge Funds Warming Up To TreeHouse Foods Inc. (THS)

    The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]

  • Why Is TreeHouse (THS) Up 5.5% Since Last Earnings Report?
    Zacks

    Why Is TreeHouse (THS) Up 5.5% Since Last Earnings Report?

    TreeHouse (THS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • PR Newswire

    TreeHouse Foods, Inc. to Webcast Investor Breakfast Meeting

    TreeHouse Foods, Inc. (NYSE: THS) announced today that it will webcast the Company's presentation at its Investor Breakfast Meeting on Tuesday, December 10 at 8:30 a.m. Eastern. Steve Oakland, Chief Executive Officer and President, along with additional senior members of the management team, will provide an overview of the Company's initiatives and share its thinking around further strengthening its capabilities, continuing to deliver sequential progress and increasing shareholder value over time. Given the timing in the fiscal year, the Company will not be providing an update on quarterly performance or guidance.

  • TreeHouse Foods (THS) Down on Lower Sales & Rising Expenses
    Zacks

    TreeHouse Foods (THS) Down on Lower Sales & Rising Expenses

    TreeHouse Foods (THS) grapples with sluggish Baked and Meal Solutions units. SKU rationalization and currency fluctuations continue to hurt sales.

  • Thomson Reuters StreetEvents

    Edited Transcript of THS earnings conference call or presentation 7-Nov-19 1:30pm GMT

    Q3 2019 TreeHouse Foods Inc Earnings Call

  • TreeHouse Foods (THS) Q3 Earnings Lag Estimates, Sales Down
    Zacks

    TreeHouse Foods (THS) Q3 Earnings Lag Estimates, Sales Down

    TreeHouse Foods' (THS) Q3 performance hurt by adverse impacts from SKU rationalization, currency movements and volume/mix.

  • TreeHouse Foods (THS) Q3 Earnings and Revenues Miss Estimates
    Zacks

    TreeHouse Foods (THS) Q3 Earnings and Revenues Miss Estimates

    TreeHouse (THS) delivered earnings and revenue surprises of -6.78% and -2.66%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • PR Newswire

    TreeHouse Foods, Inc. Reports Third Quarter 2019 Adjusted Earnings Per Diluted Share from Continuing Operations of $0.55

    HIGHLIGHTS - Third quarter 2019 adjusted earnings per diluted share from continuing operations was $0.55 , within the Company's guidance range and $(0.02) below third quarter 2018. - Third quarter 2019 ...

  • PR Newswire

    TreeHouse Foods, Inc. Appoints William J. Kelley, Jr. as Interim Chief Financial Officer

    OAK BROOK, Ill., Nov. 7, 2019 /PRNewswire/ -- TreeHouse Foods, Inc. (THS) announced today that William J. Kelley, Jr., currently Senior Vice President, Corporate and Operations Finance, has been appointed Interim Chief Financial Officer of TreeHouse, effective immediately. The Company will be considering both internal and external candidates. "I want to thank Matthew for his contributions during his time at TreeHouse," said Steve Oakland, Chief Executive Officer.

  • Moody's

    Princeton Electric Plant Board, KY -- Moody's assigns Baa1 to Princeton Electric Plant Board, KY's Refunding Revenue Bonds, Series 2019; outlook stable

    Moody's Investors Service ("Moody's") has assigned a Baa1 rating to Princeton Electric Plant Board (PEPB), KY's $5.77 million Refunding Revenue Bonds, Series 2019. The Baa1 rating reflects PEPB's small, though stable customer base, solid liquidity profile, monopoly in service area with unregulated rate setting, and adequate rate setting history. The rating also takes into account the payment obligations associated with take-or-pay contracts with the Kentucky Municipal Power Agency (KMPA, Baa1 stable), a joint action agency that issued revenue bonds on behalf of its two members, PEPB and Paducah (City of) KY Electric Enterprise (Baa1 stable), to purchase a partial ownership share of the Prairie State Project.

  • Factors to Know Ahead of TreeHouse Foods' (THS) Q3 Earnings
    Zacks

    Factors to Know Ahead of TreeHouse Foods' (THS) Q3 Earnings

    Softness in Baked Goods and Meal Solutions units is likely to have impacted TreeHouse Foods' (THS) Q3 performance. However, the company's focus on restructuring initiatives bodes well.

  • Hedge Funds Are Selling TreeHouse Foods Inc. (THS)
    Insider Monkey

    Hedge Funds Are Selling TreeHouse Foods Inc. (THS)

    Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]

  • What's in Store for Service Corporation's (SCI) Q3 Earnings?
    Zacks

    What's in Store for Service Corporation's (SCI) Q3 Earnings?

    Service Corporation International's (SCI) third-quarter 2019 results are expected to reflect impacts from efforts to drive preneed sales, an aging baby boomer population and higher funeral segment profit.