TreeHouse Foods, Inc. managed to edge past earnings expectations for the fourth quarter 2018, but failed to show the same strength in its top-line numbers.
The food processing company’s adjusted earnings for the quarter came in at $1.03 per share, beating Zacks Consensus Estimate of 96 cents per share. The earnings-per-share was also higher than the year-ago quarter’s figure. It was 5% more compared to the mid-point of the previous guidance of 88 cents and $1.08. The firm's cost saving plans like Structure to Win apparently was a tailwind to the profitability.
Net sales of $ 1,481.1 million, however, fell short of the consensus estimate of $1,493 million. It was also lower from the year-ago period by -12.9%. Divestiture of McCann's business and foreign currency headwinds were among factors that apparently hurt revenues.
Nevertheless, the company’s gross margin was 17.6%, which is 240 basis points higher from the year-ago quarter’s figure.
The Moving Average Convergence Divergence (MACD) for THS turned positive on April 29, 2024. Looking at past instances where THS's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where THS's RSI Oscillator exited the oversold zone, of 38 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 50 cases where THS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 29, 2024. You may want to consider a long position or call options on THS as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
THS moved above its 50-day moving average on April 29, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where THS advanced for three days, in of 276 cases, the price rose further within the following month. The odds of a continued upward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where THS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for THS entered a downward trend on April 29, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. THS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.252) is normal, around the industry mean (8.292). P/E Ratio (36.857) is within average values for comparable stocks, (26.814). Projected Growth (PEG Ratio) (1.297) is also within normal values, averaging (2.471). Dividend Yield (0.000) settles around the average of (0.043) among similar stocks. P/S Ratio (0.636) is also within normal values, averaging (62.729).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. THS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of pickles, coffee creamer, sauces and salad dressing
Industry FoodSpecialtyCandy