Post Holdings, Inc. (NYSE:POST) Receives $119.40 Average PT from Analysts

Shares of Post Holdings, Inc. (NYSE:POST) have received a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $119.40.

Several brokerages recently issued reports on POST. Barclays cut their price objective on Post from $127.00 to $119.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. JPMorgan Chase & Co. cut their price objective on Post from $133.00 to $119.00 and set an “overweight” rating for the company in a report on Monday, April 20th. Weiss Ratings lowered Post from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. BTIG Research began coverage on Post in a report on Monday, April 13th. They set a “neutral” rating for the company. Finally, Wall Street Zen lowered Post from a “buy” rating to a “hold” rating in a report on Saturday, May 9th.

Post Price Performance

POST opened at $88.43 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.85 and a debt-to-equity ratio of 2.38. Post has a 12-month low of $86.85 and a 12-month high of $117.28. The stock has a fifty day moving average of $97.93 and a 200-day moving average of $100.04. The firm has a market capitalization of $4.01 billion, a P/E ratio of 14.89 and a beta of 0.38.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.21. Post had a return on equity of 13.36% and a net margin of 4.01%.The business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same period last year, the company earned $1.41 earnings per share. Post’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities analysts forecast that Post will post 7.57 EPS for the current fiscal year.

Insider Buying and Selling

In other Post news, Director Gregory L. Curl sold 6,186 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total transaction of $649,839.30. Following the transaction, the director directly owned 15,107 shares of the company’s stock, valued at $1,586,990.35. This represents a 29.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 14.05% of the stock is owned by insiders.

Hedge Funds Weigh In On Post

Hedge funds have recently bought and sold shares of the business. Larson Financial Group LLC increased its position in Post by 62.8% during the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock worth $26,000 after buying an additional 103 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Post during the third quarter worth $26,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Post by 119.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the last quarter. Summit Securities Group LLC acquired a new stake in shares of Post in the first quarter valued at about $28,000. Finally, Highlander Partners L.P. acquired a new stake in shares of Post in the fourth quarter valued at about $33,000. 94.85% of the stock is owned by institutional investors and hedge funds.

More Post News

Here are the key news stories impacting Post this week:

• Positive Sentiment: Zacks published a new note arguing that Post Holdings (POST) remains a strong growth stock, reinforcing a positive long-term view on the company. Article Title
• Neutral Sentiment: The article stream did not include any major new company-specific earnings, guidance, M&A, or analyst-target changes for POST, so the move appears more tied to valuation and technical trading than to a fresh fundamental development.
• Negative Sentiment: Post Holdings has been trading well below its 50-day and 200-day moving averages and near its 12-month low, which suggests investors remain cautious despite the company’s decent profitability and recent earnings beat.

Post Company Profile

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.