Post (NYSE:POST) Upgraded by TheStreet to “B”

TheStreet upgraded shares of Post (NYSE:POSTGet Rating) from a c rating to a b rating in a report issued on Friday morning, TheStreetRatingsTable reports.

A number of other analysts have also weighed in on the stock. The Goldman Sachs Group cut 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. Citigroup started coverage on shares of Post in a research note on Monday. They issued a buy rating and a $92.00 price objective on the stock. StockNews.com started coverage on shares of Post in a research note on Thursday, March 31st. They issued a hold rating on the stock. Truist Financial lowered shares of Post from a buy rating to a hold rating and cut their price objective for the stock from $120.00 to $70.00 in a research note on Thursday, March 24th. Finally, Piper Sandler increased their price objective on shares of Post from $84.00 to $96.00 in a research note on Monday. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Post currently has a consensus rating of Buy and an average price target of $101.29.

NYSE:POST opened at $79.79 on Friday. Post has a 52 week low of $62.83 and a 52 week high of $82.36. The firm has a 50 day moving average of $76.00 and a 200 day moving average of $95.89. The company has a quick ratio of 1.93, a current ratio of 2.59 and a debt-to-equity ratio of 2.89. The stock has a market capitalization of $4.94 billion, a price-to-earnings ratio of 10.51 and a beta of 0.66.

Post (NYSE:POSTGet Rating) last posted its earnings results on Thursday, May 5th. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). Post had a net margin of 7.54% and a return on equity of 4.48%. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the previous year, the company earned $0.29 EPS. The company’s revenue was up 17.3% on a year-over-year basis. As a group, analysts expect that Post will post 1.8 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of POST. Amundi Pioneer Asset Management Inc. lifted its holdings in Post by 747.0% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 62,546 shares of the company’s stock valued at $6,843,000 after purchasing an additional 55,162 shares in the last quarter. Morgan Stanley lifted its stake in shares of Post by 592.4% in the second quarter. Morgan Stanley now owns 309,794 shares of the company’s stock worth $33,604,000 after buying an additional 265,052 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Post by 44.1% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 8,096 shares of the company’s stock worth $892,000 after buying an additional 2,477 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Post by 25.7% in the third quarter. PNC Financial Services Group Inc. now owns 3,073 shares of the company’s stock worth $339,000 after buying an additional 629 shares in the last quarter. Finally, Advisor Group Holdings Inc. lifted its stake in shares of Post by 11.2% in the third quarter. Advisor Group Holdings Inc. now owns 2,208 shares of the company’s stock worth $244,000 after buying an additional 222 shares in the last quarter. 90.62% of the stock is currently owned by institutional investors and hedge funds.

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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