Post (NYSE:POST) PT Raised to $120.00

Post (NYSE:POST) had its price objective hoisted by research analysts at Stifel Nicolaus from $115.00 to $120.00 in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 13.80% from the stock’s previous close.

A number of other research firms also recently issued reports on POST. Mizuho lifted their price objective on shares of Post from $110.00 to $128.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Barclays increased their price objective on shares of Post from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Finally, Evercore ISI boosted their target price on Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Monday. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $113.67.

Post Trading Up 0.1 %

POST opened at $105.45 on Monday. Post has a fifty-two week low of $78.85 and a fifty-two week high of $108.17. The firm has a market capitalization of $6.40 billion, a PE ratio of 20.20 and a beta of 0.65. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.16 and a quick ratio of 1.20. The company’s 50-day moving average is $104.10 and its 200 day moving average is $95.66.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 EPS for the quarter, topping the consensus estimate of $1.29 by $0.22. The firm had revenue of $2 billion during the quarter, compared to the consensus estimate of $2.03 billion. Post had a return on equity of 10.93% and a net margin of 4.38%. The company’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.10 earnings per share. As a group, research analysts predict that Post will post 5.52 earnings per share for the current fiscal year.

Insider Buying and Selling at Post

In related news, CAO Diedre J. Gray sold 7,297 shares of Post stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $104.51, for a total value of $762,609.47. Following the sale, the chief accounting officer now owns 51,073 shares of the company’s stock, valued at approximately $5,337,639.23. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CAO Diedre J. Gray sold 7,297 shares of the stock in a transaction on Monday, February 12th. The stock was sold at an average price of $104.51, for a total transaction of $762,609.47. Following the completion of the transaction, the chief accounting officer now owns 51,073 shares in the company, valued at approximately $5,337,639.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Nicolas Catoggio sold 300 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total value of $31,233.00. Following the completion of the sale, the chief executive officer now owns 74,992 shares in the company, valued at $7,807,417.12. The disclosure for this sale can be found here. Corporate insiders own 10.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of POST. GAMMA Investing LLC purchased a new position in shares of Post in the 4th quarter worth about $25,000. C M Bidwell & Associates Ltd. bought a new position in Post during the third quarter valued at approximately $26,000. Parallel Advisors LLC raised its stake in shares of Post by 487.0% during the fourth quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock worth $28,000 after acquiring an additional 263 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of Post by 56.8% in the 1st quarter. Venturi Wealth Management LLC now owns 359 shares of the company’s stock worth $38,000 after acquiring an additional 130 shares during the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of Post by 45.9% in the 4th quarter. Fifth Third Bancorp now owns 610 shares of the company’s stock valued at $54,000 after purchasing an additional 192 shares in the last quarter. 94.85% of the stock is owned by institutional investors.

Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.