Analysts Set Post Holdings, Inc. (NYSE:POST) Target Price at $124.33

Post Holdings, Inc. (NYSE:POST) has been given an average recommendation of “Moderate Buy” by the six research firms that are covering the firm, MarketBeat.com reports. One analyst has 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 issued ratings on the stock in the last year is $124.33.

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

Post Stock Performance

NYSE:POST opened at $115.21 on Friday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05. The stock has a 50-day simple moving average of $115.03 and a two-hundred day simple moving average of $108.82. The firm has a market capitalization of $6.98 billion, a PE ratio of 22.07 and a beta of 0.63. Post has a 52-week low of $79.78 and a 52-week high of $118.96.

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

Insider Buying and Selling at Post

In other news, Director Thomas C. Erb purchased 2,000 shares of the business’s stock in a transaction on Tuesday, August 13th. The stock was acquired 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 of the company’s stock, valued at $4,006,546.50. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 10.70% of the company’s stock.

Hedge Funds Weigh In On Post

Institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC increased its stake in Post by 901.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 179,222 shares of the company’s stock worth $20,745,000 after acquiring an additional 161,334 shares during the last quarter. Blue Trust Inc. increased its position in shares of Post by 382.1% during the 3rd quarter. Blue Trust Inc. now owns 1,080 shares of the company’s stock valued at $125,000 after purchasing an additional 856 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in Post during the 3rd quarter valued at $27,000. Kapitalo Investimentos Ltda raised its holdings in Post by 15.6% during the 3rd quarter. Kapitalo Investimentos Ltda now owns 2,496 shares of the company’s stock valued at $289,000 after buying an additional 336 shares during the period. Finally, Creative Planning lifted its position in Post by 13.3% in the third quarter. Creative Planning now owns 2,250 shares of the company’s stock worth $260,000 after buying an additional 264 shares during 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.