THS Stock Summary and Trading Ideas (Treehouse Foods | NYSE:THS)

TreeHouse Foods is the largest pure-play private-label manufacturer in the US. Much larger in the past following the 2016 acquisition of Ralcorp, Conagra's former private-label business, the company has since divested several businesses to focus on high-growth categories. At present, the company produces and sells snacks (crackers, pretzels, cookies, and so on), beverages and drink mixes (such as nondairy creamer, coffee, tea), and a select number of grocery products (pickles, refrigerated dough, hot cereal, cheese, and pudding). Its most important sales channel is through retail grocery stores that sell its products under their own brands, with co-manufacturing and food away from home as much smaller channels of distribution for its fare.

Treehouse Foods trades on the NYSE stock market under the symbol THS.

As of April 18, 2024, THS stock price climbed to $36.63 with 319,828 million shares trading.

THS has a beta of 0.46, meaning it tends to be less sensitive to market movements. THS has a correlation of 0.03 to the broad based SPY ETF.

THS has a market cap of $1.97 billion. This is considered a Small Cap stock.

Last quarter Treehouse Foods reported $911 million in Revenue and $.77 earnings per share. This fell short of revenue expectation by $-15 million and exceeded earnings estimates by $.04.

In the last 3 years, THS stock traded as high as $55.30 and as low as $29.47.

The top ETF exchange traded funds that THS belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

THS has underperformed the market in the last year with a return of -29.3%, while the SPY ETF gained +22.2%. In the last 3 month period, THS fell short of the market, returning -10.7%, while SPY returned +5.2%. However, in the most recent 2 weeks THS has outperformed the stock market by returning -1.9%, while SPY returned -2.6%.

THS support price is $35.18 and resistance is $36.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that THS stock will trade within this expected range on the day.