Post Holdings, Inc. (NYSE:POST) Receives $130.00 Consensus PT from Brokerages

Shares of Post Holdings, Inc. (NYSE:POST) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $130.00.

POST has been the subject of a number of research reports. Mizuho reduced their price target on shares of Post from $133.00 to $127.00 and set an “outperform” rating for the company in a research report on Wednesday, May 28th. Piper Sandler lifted their price target on shares of Post from $140.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, June 11th. Wells Fargo & Company cut their price objective on Post from $120.00 to $117.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 9th. Finally, Evercore ISI lifted their price objective on Post from $130.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th.

Insider Buying and Selling at Post

In other Post news, CEO Nicolas Catoggio sold 1,750 shares of the company’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $108.97, for a total value of $190,697.50. Following the completion of the transaction, the chief executive officer directly owned 43,751 shares of the company’s stock, valued at $4,767,546.47. This represents a 3.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director William P. Stiritz acquired 186,740 shares of the firm’s stock in a transaction on Thursday, June 5th. The stock was purchased at an average cost of $109.11 per share, with a total value of $20,375,201.40. Following the completion of the transaction, the director owned 4,298,667 shares in the company, valued at $469,027,556.37. The trade was a 4.54% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 11.40% of the company’s stock.

Hedge Funds Weigh In On Post

Large investors have recently modified their holdings of the stock. Bessemer Group Inc. lifted its position in shares of Post by 200.0% during the first quarter. Bessemer Group Inc. now owns 477 shares of the company’s stock worth $56,000 after purchasing an additional 318 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Post by 12.3% during the first quarter. Envestnet Asset Management Inc. now owns 302,241 shares of the company’s stock worth $35,169,000 after purchasing an additional 32,995 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Post by 7.3% during the first quarter. Exchange Traded Concepts LLC now owns 6,922 shares of the company’s stock worth $805,000 after purchasing an additional 472 shares during the last quarter. ProShare Advisors LLC lifted its holdings in Post by 7.4% in the fourth quarter. ProShare Advisors LLC now owns 2,215 shares of the company’s stock worth $254,000 after acquiring an additional 152 shares during the last quarter. Finally, Fifth Third Bancorp lifted its holdings in Post by 27.3% in the first quarter. Fifth Third Bancorp now owns 829 shares of the company’s stock worth $96,000 after acquiring an additional 178 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

Post Stock Performance

NYSE POST opened at $106.54 on Thursday. The company has a quick ratio of 1.43, a current ratio of 2.13 and a debt-to-equity ratio of 1.81. Post has a 52-week low of $103.33 and a 52-week high of $125.84. The business’s 50-day moving average price is $109.46 and its 200 day moving average price is $111.12. The firm has a market cap of $5.94 billion, a P/E ratio of 18.96 and a beta of 0.48.

Post (NYSE:POST) last announced its quarterly earnings data on Thursday, May 8th. The company reported $1.41 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.23. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.98 billion. Post had a net margin of 4.53% and a return on equity of 10.24%. The firm’s revenue was down 2.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.51 earnings per share. On average, equities research analysts expect that Post will post 6.41 earnings per share for the current year.

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.