Zacks: Analysts Expect Post Holdings Inc (POST) Will Post Quarterly Sales of $1.42 Billion
Analysts expect Post Holdings Inc (NYSE:POST) to post $1.42 billion in sales for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Post’s earnings. The highest sales estimate is $1.44 billion and the lowest is $1.40 billion. Post posted sales of $1.25 billion during the same quarter last year, which suggests a positive year over year growth rate of 13.6%. The company is scheduled to report its next earnings results on Thursday, February 1st.
On average, analysts expect that Post will report full year sales of $1.42 billion for the current financial year, with estimates ranging from $5.96 billion to $6.18 billion. For the next fiscal year, analysts anticipate that the business will post sales of $6.14 billion per share, with estimates ranging from $6.04 billion to $6.25 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that follow Post.
Post (NYSE:POST) last issued its quarterly earnings data on Thursday, November 16th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.93 by ($0.05). Post had a return on equity of 7.31% and a net margin of 0.92%. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the company earned $0.61 EPS. The firm’s revenue was up 14.9% on a year-over-year basis.
Shares of Post (NYSE POST) opened at $80.60 on Friday. The company has a current ratio of 3.71, a quick ratio of 2.90 and a debt-to-equity ratio of 2.56. Post has a 12-month low of $75.76 and a 12-month high of $89.04. The stock has a market cap of $5,432.92, a price-to-earnings ratio of 30.61, a PEG ratio of 2.21 and a beta of 0.09.
In other news, Director David W. Kemper purchased 2,500 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was purchased at an average price of $79.86 per share, for a total transaction of $199,650.00. Following the completion of the purchase, the director now directly owns 6,700 shares in the company, valued at approximately $535,062. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 7.40% of the company’s stock.
A number of hedge funds have recently made changes to their positions in POST. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Post by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock valued at $170,000 after acquiring an additional 190 shares during the last quarter. Affinity Wealth Management acquired a new stake in Post in the third quarter valued at $205,000. Virtu KCG Holdings LLC acquired a new stake in Post in the second quarter valued at $208,000. South State Corp acquired a new stake in Post in the third quarter valued at $208,000. Finally, Janus Henderson Group PLC acquired a new stake in Post in the second quarter valued at $210,000.
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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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