Analysts Set Post Holdings, Inc. (NYSE:POST) Price Target at $131.20

Post Holdings, Inc. (NYSE:POST) has been given an average recommendation of “Moderate Buy” by the five research firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $131.20.

Several analysts recently issued reports on POST shares. Piper Sandler boosted their target price 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. Mizuho dropped their price target on shares of Post from $133.00 to $127.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 28th. JPMorgan Chase & Co. boosted their price objective on shares of Post from $122.00 to $131.00 and gave the company an “overweight” rating in a research report on Tuesday, August 26th. Evercore ISI boosted their price objective on shares of Post from $130.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, June 4th. Finally, Wall Street Zen raised shares of Post from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th.

Post Price Performance

POST opened at $103.09 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.84 and a current ratio of 2.60. The stock has a market capitalization of $5.60 billion, a P/E ratio of 17.53 and a beta of 0.51. The company’s 50-day simple moving average is $107.68 and its two-hundred day simple moving average is $110.64. Post has a 52-week low of $101.05 and a 52-week high of $125.84.

Post (NYSE:POST) last posted its earnings results on Thursday, August 7th. The company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.36. The business had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.95 billion. Post had a net margin of 4.62% and a return on equity of 10.80%. The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.54 EPS. As a group, analysts predict that Post will post 6.41 EPS for the current year.

Post announced that its Board of Directors has initiated a share repurchase plan on Friday, August 29th that allows the company to buyback $0.00 in shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Post

In other news, Director William P. Stiritz bought 36,000 shares of Post stock in a transaction that occurred on Tuesday, August 19th. The stock was bought at an average cost of $109.53 per share, with a total value of $3,943,080.00. Following the acquisition, the director owned 4,334,667 shares of the company’s stock, valued at $474,776,076.51. The trade was a 0.84% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 11.40% of the company’s stock.

Institutional Investors Weigh In On Post

Several hedge funds and other institutional investors have recently added to or reduced their stakes in POST. Northwestern Mutual Wealth Management Co. increased its holdings in Post by 119.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares in the last quarter. Brooklyn Investment Group increased its holdings in Post by 232.1% in the 1st quarter. Brooklyn Investment Group now owns 279 shares of the company’s stock worth $32,000 after acquiring an additional 195 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in Post by 68.4% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 352 shares of the company’s stock worth $41,000 after acquiring an additional 143 shares in the last quarter. Millstone Evans Group LLC increased its holdings in Post by 167.2% in the 1st quarter. Millstone Evans Group LLC now owns 358 shares of the company’s stock worth $42,000 after acquiring an additional 224 shares in the last quarter. Finally, Byrne Asset Management LLC purchased a new stake in Post in the 2nd quarter worth approximately $52,000. 94.85% of the stock is owned by hedge funds and other institutional investors.

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.