TreeHouse Foods: Reaffirms guidance for FY11
TreeHouse Foods Inc. (NYSE:THS). Last Market Price: 60.25, Change: -1.62, % Change: (-2.62%). Shares trade in the range of 58.96 – 60.94 dollars. It has a market capitalization of 2.16B dollars, making it a Mid Cap Stock and has 35.87M outstanding shares. The company has a beta of 0.33, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 2.52; P/E of 23.95 indicating, the stock to be overvalued or expected increase in company earnings. It operates in Consumer/Non-Cyclical sector and belongs to Food Processing industry. Percentage shares held by institutional investors is 100%. The company has a 52 week Price range (low – high) of $ 46.19 – 64.45. Average volumes of shares traded daily are 292,674. Volume traded in the last session was at 448,108, 1.53 times the average volume.
- Reports Q3 (Sep)
- EPS of $0.85, better than the market estimates
- Revenues rose 13.8% year/year to $528 million
- Company reaffirms guidance for FY11, sees EPS of $2.90-3.00
- Company States: We made great strides in correcting our course over the last quarter. We fully expect to continue our strong margin recovery as we enter the holiday season, and use our Big Wins to drive top line growth. We expect to finish the year by delivering the strongest quarterly results in our history.
For Q2 (Jun ’11), It had a Net profit margin of 2.91%, an Operating margin of 6.82%. Other Key stats and ratios are : Return on average assets of 2.39%, Return on average equity of 5.65%. The organization has an employee strength of 4,000
Consensus Recommendation is a Outperform.
Estimate for sales for the Year Ending Dec-11 show a mean of 2,079.52 million dollars, an estimate high of 2,110.87 million dollars and an estimate low of 2,044.80 million dollars. A year ago the figures stood at 1,982.91 million dollars.
Estimate for sales for the Year Ending Dec-12 show a mean of 2,180.29 million dollars, an estimate high of 2,244.00 million dollars and an estimate low of 2,120.70 million dollars. A year ago the figures stood at 2,071.08 million dollars.
Estimate for EPS for the Year Ending Dec-11 show a mean of 2.93 dollars, an estimate high of 2.99 dollars and an estimate low of 2.86 dollars. A year ago the figures stood at 3.14 dollars.
Estimate for EPS for the Year Ending Dec-12 show a mean of 3.39 dollars, an estimate high of 3.55 dollars and an estimate low of 3.18 dollars. A year ago the figures stood at 3.34 dollars.
Sales for Quarter Ending Sep-11 was estimated at 526.75 million dollars, however the actual sales figure stood at 528.05 million dollars, 1.3 million dollars more than estimates.
Sales for Quarter Ending Jun-11 was estimated at 489.90 million dollars, however the actual sales figure stood at 492.62 million dollars, 2.72 million dollars more than estimates.
Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht. |