Zacks: Brokerages Anticipate Post Holdings, Inc. (POST) to Post $0.91 EPS
Analysts expect Post Holdings, Inc. (NYSE:POST) to report earnings per share (EPS) of $0.91 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Post Holdings’ earnings, with the lowest EPS estimate coming in at $0.83 and the highest estimate coming in at $0.96. Post Holdings posted earnings of $0.61 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 49.2%. The company is expected to issue its next quarterly earnings results on Thursday, November 16th.
According to Zacks, analysts expect that Post Holdings will report full year earnings of $2.72 per share for the current year, with EPS estimates ranging from $2.64 to $2.76. For the next fiscal year, analysts anticipate that the company will report earnings of $3.66 per share. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Post Holdings.
Post Holdings (NYSE:POST) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.02. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.25 billion. Post Holdings had a positive return on equity of 6.53% and a negative net margin of 0.06%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company posted $0.62 EPS.
A number of research firms have commented on POST. Zacks Investment Research lowered shares of Post Holdings from a “hold” rating to a “strong sell” rating in a report on Friday, October 6th. BidaskClub raised shares of Post Holdings from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Wells Fargo & Company lifted their target price on shares of Post Holdings from $96.00 to $106.00 and gave the stock an “outperform” rating in a report on Wednesday, October 4th. Pivotal Research reaffirmed a “buy” rating and set a $105.00 target price on shares of Post Holdings in a report on Wednesday, September 20th. Finally, BMO Capital Markets raised shares of Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 target price for the company in a report on Wednesday, September 20th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $101.17.
Shares of Post Holdings (NYSE:POST) opened at 86.89 on Thursday. Post Holdings has a 1-year low of $68.76 and a 1-year high of $89.04. The company’s market capitalization is $5.75 billion. The stock’s 50 day moving average price is $85.61 and its 200 day moving average price is $83.39.
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Hedge funds have recently made changes to their positions in the company. IndexIQ Advisors LLC grew its holdings in shares of Post Holdings by 0.3% in the 2nd quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock valued at $115,000 after buying an additional 4 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Post Holdings by 9.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock valued at $170,000 after buying an additional 190 shares during the period. Virtu KCG Holdings LLC acquired a new position in shares of Post Holdings in the 2nd quarter valued at $208,000. Janus Henderson Group PLC acquired a new position in shares of Post Holdings in the 2nd quarter valued at $210,000. Finally, Dorsey & Whitney Trust CO LLC grew its holdings in shares of Post Holdings by 2.2% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 2,744 shares of the company’s stock valued at $213,000 after buying an additional 60 shares during the period.
Post Holdings Company Profile
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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