TreeHouse Foods (THS, Financial) is undertaking a strategic reorganization aimed at enhancing its operational efficiency and driving down costs. This initiative includes a comprehensive range of organizational adjustments and new measures for margin management and cost control. The company's objective is to significantly boost its profitability and cash flow, while also improving service quality and levels.
As part of these changes, Scott Tassani, the company's Executive Vice President, Business President, and Chief Commercial Officer, will be departing as of May 30. The position he holds will be dissolved, with his responsibilities being allocated among other senior leaders to facilitate a smooth transition and streamline operations.
The company will also centralize and restructure its corporate support activities, leading to the reduction of approximately 150 positions. This move is a critical component of TreeHouse Foods' efforts to optimize its workforce and align its resources more efficiently.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Treehouse Foods Inc (THS, Financial) is $33.88 with a high estimate of $37.00 and a low estimate of $30.00. The average target implies an upside of 56.47% from the current price of $21.65. More detailed estimate data can be found on the Treehouse Foods Inc (THS) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Treehouse Foods Inc's (THS, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Treehouse Foods Inc (THS, Financial) in one year is $43.81, suggesting a upside of 102.36% from the current price of $21.65. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Treehouse Foods Inc (THS) Summary page.
