Analysts Set Post Holdings, Inc. (NYSE:POST) Target Price at $126.50

Shares of Post Holdings, Inc. (NYSE:POST) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $126.50.

Several research analysts have weighed in on POST shares. Evercore ISI lowered their price objective on Post from $131.00 to $129.00 and set an “outperform” rating on the stock in a research report on Monday, November 24th. Barclays decreased their price target on shares of Post from $125.00 to $113.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 25th. Zacks Research cut shares of Post from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. JPMorgan Chase & Co. boosted their price objective on shares of Post from $131.00 to $132.00 and gave the company an “overweight” rating in a report on Monday, October 27th. Finally, Wells Fargo & Company decreased their target price on shares of Post from $115.00 to $108.00 and set an “equal weight” rating on the stock in a research report on Monday, November 24th.

Post Trading Up 1.2%

Shares of NYSE:POST opened at $104.03 on Friday. Post has a 12-month low of $96.34 and a 12-month high of $125.84. The business has a 50 day moving average of $105.69 and a 200-day moving average of $107.56. The company has a quick ratio of 1.84, a current ratio of 2.60 and a debt-to-equity ratio of 1.83. The stock has a market cap of $5.43 billion, a PE ratio of 17.69 and a beta of 0.49.

Post (NYSE:POST) last announced its earnings results on Thursday, November 20th. The company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.20. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. Post had a return on equity of 10.80% and a net margin of 4.62%.The firm’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.53 earnings per share. As a group, equities research analysts forecast that Post will post 6.41 earnings per share for the current year.

Post announced that its Board of Directors has initiated a stock repurchase plan on Friday, August 29th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

Insider Transactions at Post

In related news, Director David W. Kemper acquired 1,800 shares of the stock in a transaction on Monday, November 24th. The shares were purchased at an average price of $97.93 per share, for a total transaction of $176,274.00. Following the purchase, the director directly owned 31,522 shares in the company, valued at approximately $3,086,949.46. The trade was a 6.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 11.40% of the stock is owned by corporate insiders.

Institutional Trading of Post

Institutional investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC raised its stake in Post by 7.8% during the third quarter. CIBC Private Wealth Group LLC now owns 25,516 shares of the company’s stock valued at $2,742,000 after buying an additional 1,841 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Post in the third quarter worth $2,742,000. Danske Bank A S bought a new position in shares of Post during the third quarter valued at $64,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Post in the 3rd quarter worth about $26,000. Finally, Hancock Whitney Corp boosted its stake in Post by 2,180.8% in the 3rd quarter. Hancock Whitney Corp now owns 113,789 shares of the company’s stock worth $12,230,000 after purchasing an additional 108,800 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors.

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.