Post Holdings, Inc. (NYSE:POST) Receives Average Recommendation of “Moderate Buy” from Analysts

Post Holdings, Inc. (NYSE:POST) has received an average rating of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $124.33.

Several analysts recently weighed in on POST shares. Stifel Nicolaus lifted their target price on shares of Post from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, August 5th. JPMorgan Chase & Co. lifted their price objective on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Wells Fargo & Company increased their target price on Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Monday, August 5th. Finally, Evercore ISI lifted their target price on Post from $122.00 to $123.00 and gave the company an “outperform” rating in a research report on Monday, August 5th.

Post Stock Performance

NYSE POST opened at $114.49 on Monday. The stock has a fifty day simple moving average of $113.10 and a 200-day simple moving average of $107.41. The company has a current ratio of 2.05, a quick ratio of 1.12 and a debt-to-equity ratio of 1.62. The stock has a market cap of $6.94 billion, a PE ratio of 21.93 and a beta of 0.63. Post has a twelve month low of $78.85 and a twelve month high of $118.96.

Post (NYSE:POST) last announced its earnings results on Thursday, August 1st. The company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.33. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $2.02 billion. Post had a net margin of 4.46% and a return on equity of 10.91%. Post’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.52 earnings per share. Equities analysts anticipate that Post will post 5.95 earnings per share for the current year.

Insider Activity

In related news, Director Thomas C. Erb purchased 2,000 shares of the business’s stock in a transaction on Tuesday, August 13th. The shares were bought at an average price of $112.94 per share, for a total transaction of $225,880.00. Following the acquisition, the director now directly owns 35,475 shares in the company, valued at $4,006,546.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Post during the 2nd quarter worth $62,000. Sanctuary Advisors LLC purchased a new stake in Post during the 2nd quarter worth about $510,000. Cetera Investment Advisers boosted its position in shares of Post by 2.6% during the 2nd quarter. Cetera Investment Advisers now owns 26,064 shares of the company’s stock worth $2,715,000 after acquiring an additional 659 shares in the last quarter. 3Chopt Investment Partners LLC purchased a new position in shares of Post in the 2nd quarter valued at about $877,000. Finally, Truist Financial Corp raised its position in shares of Post by 5.0% during the 2nd quarter. Truist Financial Corp now owns 2,376 shares of the company’s stock worth $247,000 after acquiring an additional 114 shares in the last quarter. Institutional investors and hedge funds 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.