Post Holdings, Inc. (NYSE:POST) Receives Average Recommendation of “Moderate Buy” from Brokerages

by · The Markets Daily

Post Holdings, Inc. (NYSE:POST – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $124.33.

A number of brokerages have recently commented on POST. Evercore ISI lifted their price objective on Post from $122.00 to $123.00 and gave the company an “outperform” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. lifted their price objective on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Tuesday, August 6th. Wells Fargo & Company boosted their price target on Post from $108.00 to $120.00 and gave the company an “equal weight” rating in a research report on Monday, August 5th. Finally, Stifel Nicolaus boosted their price target on Post from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, August 5th.

View Our Latest Report on POST

Insider Transactions at Post

In related news, Director Thomas C. Erb bought 2,000 shares of the firm’s stock in a transaction dated Tuesday, August 13th. The stock was bought at an average price of $112.94 per share, with a total value of $225,880.00. Following the completion of the transaction, the director now directly owns 35,475 shares of the company’s stock, valued at $4,006,546.50. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 10.70% of the company’s stock.

Institutional Investors Weigh In On Post

Institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new position in shares of Post in the fourth quarter worth about $19,598,000. Assetmark Inc. lifted its stake in shares of Post by 3.2% in the fourth quarter. Assetmark Inc. now owns 14,565 shares of the company’s stock worth $1,283,000 after acquiring an additional 452 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Post in the fourth quarter worth about $2,634,000. Parallel Advisors LLC lifted its stake in shares of Post by 487.0% in 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. Finally, 3Chopt Investment Partners LLC acquired a new position in shares of Post in the fourth quarter worth about $840,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Stock Performance

NYSE POST opened at $116.10 on Monday. Post has a fifty-two week low of $78.85 and a fifty-two week high of $118.96. The stock has a market cap of $7.03 billion, a price-to-earnings ratio of 22.24 and a beta of 0.63. The business has a fifty day moving average of $113.60 and a 200-day moving average of $107.68. The company has a quick ratio of 1.12, a current ratio of 2.05 and a debt-to-equity ratio of 1.62.

Post (NYSE:POST – Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.33. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.02 billion. Post had a return on equity of 10.91% and a net margin of 4.46%. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.52 earnings per share. As a group, analysts predict that Post will post 5.95 earnings per share for the current fiscal year.

About Post

(Get Free Report

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.

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