Post Holdings Inc (NYSE:POST) has been assigned an average recommendation of “Buy” from the thirteen brokerages that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $104.67.
Several analysts have recently commented on POST shares. Citigroup set a $110.00 price target on shares of Post and gave the company a “buy” rating in a research report on Monday, November 20th. SunTrust Banks set a $105.00 price target on shares of Post and gave the company a “buy” rating in a research report on Thursday, November 16th. BMO Capital Markets reaffirmed a “buy” rating on shares of Post in a research report on Monday, November 6th. BidaskClub raised shares of Post from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. Finally, Pivotal Research reaffirmed a “buy” rating and set a $105.00 price target on shares of Post in a research report on Wednesday, September 20th.
Shares of Post (NYSE:POST) traded up $1.03 during trading on Monday, hitting $78.71. The stock had a trading volume of 379,300 shares, compared to its average volume of 803,000. The firm has a market cap of $5,210.00, a PE ratio of 262.37, a P/E/G ratio of 2.09 and a beta of 0.09. Post has a fifty-two week low of $75.76 and a fifty-two week high of $89.04. The company has a current ratio of 3.71, a quick ratio of 2.90 and a debt-to-equity ratio of 2.56.
Post (NYSE:POST) last issued its earnings results on Thursday, November 16th. The company reported $0.88 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.93 by ($0.05). The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.43 billion. Post had a return on equity of 7.31% and a net margin of 0.92%. The company’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.61 earnings per share. research analysts forecast that Post will post 3.71 earnings per share for the current fiscal year.
In other news, Director David W. Kemper bought 2,500 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were bought at an average price of $79.86 per share, with a total value of $199,650.00. Following the completion of the transaction, the director now directly owns 6,700 shares in the company, valued at $535,062. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 7.40% of the stock is currently owned by insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the business. FMR LLC grew its stake in shares of Post by 26.5% in the second quarter. FMR LLC now owns 5,067,121 shares of the company’s stock worth $393,462,000 after acquiring an additional 1,060,344 shares in the last quarter. Route One Investment Company L.P. grew its stake in shares of Post by 19.6% in the second quarter. Route One Investment Company L.P. now owns 4,168,083 shares of the company’s stock worth $323,652,000 after acquiring an additional 683,000 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Post by 30.3% in the third quarter. Victory Capital Management Inc. now owns 1,974,396 shares of the company’s stock worth $174,280,000 after acquiring an additional 458,900 shares in the last quarter. TIAA CREF Investment Management LLC grew its stake in shares of Post by 70.1% in the second quarter. TIAA CREF Investment Management LLC now owns 986,881 shares of the company’s stock worth $76,631,000 after acquiring an additional 406,791 shares in the last quarter. Finally, UBS Oconnor LLC grew its stake in shares of Post by 38.6% in the second quarter. UBS Oconnor LLC now owns 1,451,116 shares of the company’s stock worth $112,679,000 after acquiring an additional 404,235 shares in the last quarter.
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Post Company Profile
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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