Post Holdings, Inc. (POST) Receives $102.86 Average PT from Brokerages
Post Holdings, Inc. (NYSE:POST) has earned an average recommendation of “Buy” from the thirteen analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $104.67.
POST has been the topic of several recent research reports. SunTrust Banks set a $105.00 price objective on Post and gave the company a “buy” rating in a research report on Thursday, November 16th. BMO Capital Markets reiterated a “buy” rating on shares of Post in a research report on Monday, November 6th. BidaskClub upgraded Post from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. Pivotal Research reiterated a “buy” rating and set a $105.00 price objective on shares of Post in a research report on Wednesday, September 20th. Finally, Zacks Investment Research upgraded Post from a “hold” rating to a “buy” rating and set a $92.00 price objective on the stock in a research report on Saturday, October 28th.
In related news, Director David W. Kemper purchased 2,500 shares of Post stock in a transaction that occurred on Thursday, November 30th. The shares were acquired at an average cost of $79.86 per share, for a total transaction of $199,650.00. Following the transaction, the director now directly owns 6,700 shares in the company, valued at $535,062. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.00% of the stock is owned by company insiders.
Institutional investors and hedge funds have recently bought and sold shares of the stock. IndexIQ Advisors LLC grew its position in Post by 0.3% during the 2nd quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock worth $115,000 after acquiring an additional 4 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Post by 9.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock worth $170,000 after acquiring an additional 190 shares during the last quarter. Affinity Wealth Management bought a new position in Post during the 3rd quarter worth approximately $205,000. South State Corp bought a new position in Post during the 3rd quarter worth approximately $208,000. Finally, ETRADE Capital Management LLC bought a new position in Post during the 3rd quarter worth approximately $218,000.
Shares of Post (POST) traded down $0.48 during midday trading on Thursday, reaching $78.54. The company’s stock had a trading volume of 900,516 shares, compared to its average volume of 799,739. The company has a market cap of $5,230.00, a price-to-earnings ratio of 29.67, a P/E/G ratio of 2.08 and a beta of 0.09. The company has a debt-to-equity ratio of 2.56, a current ratio of 3.71 and a quick ratio of 2.90. Post has a fifty-two week low of $75.51 and a fifty-two week high of $89.04.
Post (NYSE:POST) last announced its quarterly earnings data on Thursday, November 16th. The company reported $0.88 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.05). The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.43 billion. Post had a net margin of 0.92% and a return on equity of 7.31%. Post’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.61 earnings per share. sell-side analysts expect that Post will post 3.83 EPS for the current fiscal year.
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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