Evercore ISI Boosts Post (NYSE:POST) Price Target to $122.00

Post (NYSE:POST) had its price objective hoisted by analysts at Evercore ISI from $118.00 to $122.00 in a research note issued on Monday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Evercore ISI’s price target would indicate a potential upside of 15.69% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. Barclays upped their price target on shares of Post from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 6th. Mizuho increased their price target on shares of Post from $110.00 to $128.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Finally, Stifel Nicolaus boosted their price objective on shares of Post from $98.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $113.67.

Post Price Performance

Shares of Post stock opened at $105.45 on Monday. Post has a 1-year low of $78.85 and a 1-year high of $108.17. The firm’s 50-day moving average price is $104.10 and its two-hundred day moving average price is $95.66. The company has a current ratio of 2.16, a quick ratio of 1.20 and a debt-to-equity ratio of 1.61. The stock has a market capitalization of $6.40 billion, a price-to-earnings ratio of 20.20 and a beta of 0.65.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.22. The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $2.03 billion. Post had a return on equity of 10.93% and a net margin of 4.38%. The business’s revenue was up 23.4% on a year-over-year basis. During the same period last year, the firm posted $1.10 EPS. On average, equities analysts predict that Post will post 5.52 earnings per share for the current fiscal year.

Insider Buying and Selling at Post

In other Post news, CAO Diedre J. Gray sold 7,297 shares of the company’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $104.51, for a total transaction of $762,609.47. Following the completion of the sale, the chief accounting officer now owns 51,073 shares in the company, valued at approximately $5,337,639.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Post news, CAO Diedre J. Gray sold 7,297 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $104.51, for a total transaction of $762,609.47. Following the transaction, the chief accounting officer now owns 51,073 shares in the company, valued at $5,337,639.23. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Nicolas Catoggio sold 300 shares of the company’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total value of $31,233.00. Following the completion of the sale, the chief executive officer now directly owns 74,992 shares of the company’s stock, valued at $7,807,417.12. The disclosure for this sale can be found here. Insiders own 10.70% of the company’s stock.

Institutional Trading of Post

A number of large investors have recently made changes to their positions in POST. Clarkston Capital Partners LLC lifted its holdings in Post by 12.8% during the third quarter. Clarkston Capital Partners LLC now owns 3,396,881 shares of the company’s stock worth $291,249,000 after acquiring an additional 385,640 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Post by 9.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,002,286 shares of the company’s stock valued at $264,382,000 after purchasing an additional 249,155 shares in the last quarter. Diamond Hill Capital Management Inc. lifted its holdings in shares of Post by 6.4% during the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,641,756 shares of the company’s stock valued at $140,764,000 after purchasing an additional 99,115 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Post by 14.7% in the 3rd quarter. Wellington Management Group LLP now owns 1,634,146 shares of the company’s stock valued at $140,112,000 after purchasing an additional 209,111 shares during the period. Finally, Thompson Siegel & Walmsley LLC increased its stake in Post by 0.8% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,095,572 shares of the company’s stock worth $96,476,000 after purchasing an additional 8,939 shares in the last quarter. 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.