Analysts Set Post Holdings, Inc. (NYSE:POST) PT at $102.57

Shares of Post Holdings, Inc. (NYSE:POSTGet Rating) have been given an average rating of “Buy” by the eleven research firms that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $102.57.

Several equities research analysts have weighed in on the company. Truist Financial downgraded Post from a “buy” rating to a “hold” rating and lowered their price target for the stock from $120.00 to $70.00 in a report on Thursday, March 24th. The Goldman Sachs Group decreased their target price on Post from $132.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, March 16th. Zacks Investment Research raised Post from a “sell” rating to a “hold” rating and set a $112.00 target price for the company in a report on Monday, December 27th. Piper Sandler decreased their target price on Post from $129.00 to $75.00 and set an “overweight” rating for the company in a report on Friday, April 1st. Finally, StockNews.com initiated coverage on Post in a report on Thursday, March 31st. They set a “hold” rating for the company.

In other Post news, Director Thomas C. Erb acquired 1,500 shares of the business’s stock in a transaction dated Tuesday, February 8th. The stock was acquired at an average cost of $105.38 per share, for a total transaction of $158,070.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 9.60% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Louisiana State Employees Retirement System increased its holdings in shares of Post by 0.7% in the 4th quarter. Louisiana State Employees Retirement System now owns 15,000 shares of the company’s stock valued at $1,691,000 after acquiring an additional 100 shares during the last quarter. State of Michigan Retirement System increased its position in Post by 0.7% during the fourth quarter. State of Michigan Retirement System now owns 14,787 shares of the company’s stock worth $1,667,000 after buying an additional 100 shares in the last quarter. Exchange Traded Concepts LLC increased its position in Post by 1.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 5,890 shares of the company’s stock worth $664,000 after buying an additional 105 shares in the last quarter. NEXT Financial Group Inc grew its position in shares of Post by 29.5% in the fourth quarter. NEXT Financial Group Inc now owns 465 shares of the company’s stock valued at $52,000 after purchasing an additional 106 shares during the period. Finally, Everett Harris & Co. CA grew its position in Post by 2.0% during the fourth quarter. Everett Harris & Co. CA now owns 5,557 shares of the company’s stock valued at $626,000 after acquiring an additional 111 shares during the period. 90.41% of the stock is currently owned by hedge funds and other institutional investors.

POST traded down $0.39 on Thursday, hitting $73.22. The company had a trading volume of 41,186 shares, compared to its average volume of 635,017. The company has a debt-to-equity ratio of 2.89, a quick ratio of 1.93 and a current ratio of 2.59. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of 83.65 and a beta of 0.77. The stock has a fifty day moving average price of $88.37 and a 200-day moving average price of $100.38. Post has a 12-month low of $62.83 and a 12-month high of $78.88.

Post (NYSE:POSTGet Rating) last issued its quarterly earnings results on Thursday, February 3rd. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.05). The business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.64 billion. Post had a return on equity of 4.58% and a net margin of 1.01%. During the same period in the prior year, the business posted $0.72 EPS. Analysts forecast that Post will post 1.38 EPS for the current fiscal year.

Post Company Profile (Get Rating)

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through five segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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