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

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

Several research analysts have issued reports on POST shares. StockNews.com assumed coverage on Post in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Piper Sandler dropped their price objective on shares of Post from $129.00 to $75.00 and set an “overweight” rating on the stock in a research note on Friday, April 1st. The Goldman Sachs Group dropped their price objective on shares of Post from $132.00 to $85.00 and set a “buy” rating on the stock in a research note on Wednesday, March 16th. Finally, Truist Financial lowered shares of Post from a “buy” rating to a “hold” rating and dropped their price objective for the company from $120.00 to $70.00 in a research note on Thursday, March 24th.

In other news, Director Thomas C. Erb acquired 1,500 shares of Post 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 9.60% of the stock is currently owned by insiders.

A number of hedge funds have recently made changes to their positions in POST. Moors & Cabot Inc. bought a new position in Post during the third quarter worth $32,000. Clearstead Advisors LLC acquired a new stake in Post during the third quarter worth $35,000. NEXT Financial Group Inc boosted its stake in Post by 29.5% during the fourth quarter. NEXT Financial Group Inc now owns 465 shares of the company’s stock worth $52,000 after buying an additional 106 shares in the last quarter. Covestor Ltd acquired a new stake in Post during the fourth quarter worth $66,000. Finally, Maverick Capital Ltd. acquired a new stake in Post during the fourth quarter worth $77,000. 90.62% of the stock is currently owned by institutional investors and hedge funds.

POST opened at $74.39 on Monday. The company has a market capitalization of $4.60 billion, a price-to-earnings ratio of 84.53 and a beta of 0.77. The company has a debt-to-equity ratio of 2.89, a current ratio of 2.59 and a quick ratio of 1.93. Post has a 1-year low of $62.83 and a 1-year high of $78.88. The business has a 50 day moving average price of $79.54 and a two-hundred day moving average price of $97.12.

Post (NYSE:POSTGet Rating) last released its earnings results on Thursday, February 3rd. The company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.05). The firm 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 quarter last year, the company earned $0.72 earnings per share. Equities analysts expect that Post will post 1.38 EPS for the current fiscal year.

About Post (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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Analyst Recommendations for Post (NYSE:POST)

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