Post Holdings, Inc. (NYSE:POST) Given Average Rating of “Moderate Buy” by Analysts

Shares of Post Holdings, Inc. (NYSE:POST) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $124.33.

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

Post Price Performance

Shares of Post stock opened at $115.96 on Friday. The stock has a market cap of $7.03 billion, a price-to-earnings ratio of 22.21 and a beta of 0.63. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05. The stock has a 50 day moving average price of $114.96 and a 200-day moving average price of $108.69. Post has a one year low of $79.78 and a one year high of $118.96.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, August 1st. The company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.21 by $0.33. Post had a net margin of 4.46% and a return on equity of 10.91%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $2.02 billion. During the same period in the previous year, the firm earned $1.52 earnings per share. Post’s quarterly revenue was up 4.7% compared to the same quarter last year. Equities analysts expect that Post will post 5.95 EPS for the current year.

Insiders Place Their Bets

In other news, Director Thomas C. Erb purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were purchased at an average price of $112.94 per share, for a total transaction of $225,880.00. Following the completion of the purchase, the director now owns 35,475 shares in the company, valued at approximately $4,006,546.50. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 10.70% of the company’s stock.

Institutional Investors Weigh In On Post

Several hedge funds have recently modified their holdings of the business. V Square Quantitative Management LLC purchased a new position in Post during the third quarter valued at approximately $27,000. Opal Wealth Advisors LLC bought a new position in shares of Post in the 2nd quarter worth $27,000. New Covenant Trust Company N.A. purchased a new stake in shares of Post during the 1st quarter worth $29,000. Bessemer Group Inc. boosted its position in Post by 263.8% during the first quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after purchasing an additional 248 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Post during the second quarter valued at about $62,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

About Post

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.