JPMorgan Chase & Co. Issues Pessimistic Forecast for Post (NYSE:POST) Stock Price

Post (NYSE:POST) had its price target reduced by JPMorgan Chase & Co. from $119.00 to $116.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 31.58% from the stock’s current price.

Several other research analysts have also issued reports on POST. Weiss Ratings lowered shares of Post from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, June 8th. BTIG Research started coverage on Post in a report on Monday, April 13th. They set a “neutral” rating on the stock. Wells Fargo & Company lowered their price objective on Post from $110.00 to $98.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Barclays dropped their target price on Post from $127.00 to $119.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Finally, Wall Street Zen downgraded Post from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $113.80.

Post Trading Up 0.9%

Shares of Post stock opened at $88.16 on Monday. The firm has a market capitalization of $4.00 billion, a PE ratio of 14.84 and a beta of 0.39. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.85 and a quick ratio of 1.03. The company’s fifty day moving average price is $91.57 and its two-hundred day moving average price is $98.32. Post has a 52-week low of $83.89 and a 52-week high of $117.28.

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

Insider Activity at Post

In other news, Director Gregory L. Curl sold 6,186 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $105.05, for a total value 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. The trade was a 29.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 14.05% of the stock is owned by insiders.

Hedge Funds Weigh In On Post

Institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP boosted its stake in Post by 3.9% in the first quarter. Dimensional Fund Advisors LP now owns 3,071,875 shares of the company’s stock worth $303,678,000 after purchasing an additional 114,677 shares in the last quarter. Norges Bank bought a new position in shares of Post in the fourth quarter valued at about $113,660,000. Geode Capital Management LLC raised its holdings in shares of Post by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 880,993 shares of the company’s stock valued at $87,282,000 after buying an additional 8,906 shares during the last quarter. Quantinno Capital Management LP raised its holdings in shares of Post by 41.3% in the first quarter. Quantinno Capital Management LP now owns 462,631 shares of the company’s stock valued at $45,736,000 after buying an additional 135,236 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in Post by 104.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 415,493 shares of the company’s stock worth $41,155,000 after buying an additional 212,325 shares in the last quarter. Institutional investors own 94.85% of the company’s stock.

Trending Headlines about Post

Here are the key news stories impacting Post this week:

• Positive Sentiment: JPMorgan lowered its price target slightly but reaffirmed an Overweight rating, implying analysts still expect upside in Post Holdings, Inc. (NYSE: POST). Benzinga
• Neutral Sentiment: There was no new company announcement from Post Holdings itself; trading appears driven more by analyst commentary and broader market positioning than by fresh fundamentals.
• Neutral Sentiment: POST remains below its key moving averages, which keeps sentiment mixed even after its recent earnings beat and may limit near-term enthusiasm.

About Post

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.