Post (NYSE:POST) Price Target Raised to $120.00 at Barclays

Post (NYSE:POST) had its price target hoisted by Barclays from $115.00 to $120.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price objective suggests a potential upside of 13.46% from the company’s current price.

A number of other equities research analysts have also weighed in on POST. Evercore ISI lifted their price objective on shares of Post from $118.00 to $122.00 and gave the company an “outperform” rating in a report on Monday. Stifel Nicolaus boosted their price target on Post from $115.00 to $120.00 and gave the company a “buy” rating in a report on Monday. Finally, Mizuho increased their price objective on Post from $110.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Post presently has a consensus rating of “Moderate Buy” and an average target price of $113.67.

Post Trading Up 0.3 %

Shares of NYSE POST opened at $105.76 on Tuesday. The business’s 50 day moving average price is $104.12 and its 200-day moving average price is $95.73. Post has a fifty-two week low of $78.85 and a fifty-two week high of $108.17. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.20 and a current ratio of 2.16. The company has a market cap of $6.41 billion, a price-to-earnings ratio of 20.26 and a beta of 0.65.

Post (NYSE:POST) last released its earnings results on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.22. The business had revenue of $2 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter last year, the firm posted $1.10 earnings per share. On average, sell-side analysts expect that Post will post 5.52 earnings per share for the current year.

Insider Activity

In other news, CEO Nicolas Catoggio sold 300 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total transaction of $31,233.00. Following the transaction, the chief executive officer now directly owns 74,992 shares in the company, valued at $7,807,417.12. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Post news, CAO Diedre J. Gray sold 7,297 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $104.51, for a total value of $762,609.47. Following the completion of the transaction, the chief accounting officer now directly owns 51,073 shares in the company, valued at $5,337,639.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Nicolas Catoggio sold 300 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total transaction of $31,233.00. Following the completion of the sale, the chief executive officer now owns 74,992 shares in the company, valued at $7,807,417.12. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,097 shares of company stock worth $952,272. 10.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of POST. GAMMA Investing LLC acquired a new stake in Post in the fourth quarter valued at approximately $25,000. TFO Wealth Partners LLC lifted its holdings in shares of Post by 9,966.7% during the 4th quarter. TFO Wealth Partners LLC now owns 302 shares of the company’s stock valued at $264,000 after purchasing an additional 299 shares during the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in shares of Post in the 3rd quarter worth $26,000. Parallel Advisors LLC grew its stake in Post by 487.0% during the 4th quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock worth $28,000 after buying an additional 263 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its position in Post by 56.8% during the 1st quarter. Venturi Wealth Management LLC now owns 359 shares of the company’s stock valued at $38,000 after buying an additional 130 shares in the last quarter. Institutional investors own 94.85% of the company’s stock.

Post Company Profile

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.