Post Holdings Rating Lowered to Underperform at Zacks (POST)
Post Holdings (NASDAQ:POST) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a note issued to investors on Wednesday. They currently have a $35.20 price target on the stock. Zacks‘s price target suggests a potential downside of 4.94% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Post Holdings in a research note on Tuesday. They now have a $50.00 price target on the stock, down previously from $70.00. Analysts at SunTrust downgraded shares of Post Holdings from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. They now have a $45.00 price target on the stock, down previously from $70.00. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. Post Holdings presently has an average rating of “Hold” and an average price target of $46.55.
Shares of Post Holdings (NASDAQ:POST) traded up 0.78% on Wednesday, hitting $37.32. The stock had a trading volume of 407,030 shares. Post Holdings has a 1-year low of $32.87 and a 1-year high of $60.63. The stock has a 50-day moving average of $46.81 and a 200-day moving average of $51.63. The company’s market cap is $1.673 billion.
Post Holdings (NASDAQ:POST) last released its earnings data on Thursday, August 7th. The company reported ($0.30) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.57. The company had revenue of $633.00 million for the quarter, compared to the consensus estimate of $636.70 million. During the same quarter last year, the company posted $0.29 earnings per share. On average, analysts predict that Post Holdings will post $-0.42 earnings per share for the current fiscal year.
Post Holdings, Inc (NASDAQ:POST) is a consumer packaged goods holding company operating in the center-of-the-store, refrigerated, active nutrition and private label food categories.
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