Post Holdings, Inc. (NYSE:POST) Receives $114.17 Average Target Price from Brokerages

Post Holdings, Inc. (NYSE:POST) has received a consensus rating of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat reports. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $109.00.

A number of analysts have weighed in on the stock. Wall Street Zen lowered shares of Post from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Stifel Nicolaus set a $125.00 target price on shares of Post in a research note on Friday, August 7th. Wells Fargo & Company cut their price target on shares of Post from $98.00 to $86.00 and set an “equal weight” rating on the stock in a report on Monday. Evercore set a $121.00 price target on shares of Post in a research report on Monday. Finally, Jefferies Financial Group set a $117.00 price objective on shares of Post in a report on Monday, July 27th.

More Post News

Here are the key news stories impacting Post this week:

• Positive Sentiment: Post’s latest quarterly earnings exceeded consensus expectations, with EPS of $1.78 versus estimates of $1.70. The stock also trades near its 52-week low at a valuation of roughly 15 times earnings, which may be attracting value-oriented buyers.
• Neutral Sentiment: Wells Fargo lowered its price target for Post Holdings (POST) to $86, implying limited upside from recent levels while maintaining a cautious view. Wells Fargo Lowers Post Price Target to $86
• Negative Sentiment: JPMorgan issued a pessimistic forecast for Post Holdings (POST), adding to concerns about the company’s near-term growth outlook. Post’s recent revenue of $1.95 billion fell short of the $2.02 billion consensus estimate, declined 1.8% year over year, and EPS decreased from $2.03 in the prior-year quarter. JPMorgan Issues Pessimistic Forecast for Post Stock

Institutional Trading of Post

Institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP lifted its holdings in shares of Post by 3.9% during the first quarter. Dimensional Fund Advisors LP now owns 3,071,875 shares of the company’s stock valued at $303,678,000 after purchasing an additional 114,677 shares in the last quarter. Norges Bank bought a new position in Post during the fourth quarter valued at approximately $113,660,000. Geode Capital Management LLC lifted its holdings in shares of Post by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 880,993 shares of the company’s stock valued at $87,282,000 after buying an additional 8,906 shares during the period. Diamond Hill Capital Management LLC Investment Advisor purchased a new position in shares of Post in the 2nd quarter worth $54,599,000. Finally, Quantinno Capital Management LP boosted its stake in shares of Post by 41.3% in the 1st quarter. Quantinno Capital Management LP now owns 462,631 shares of the company’s stock worth $45,736,000 after buying an additional 135,236 shares during the last quarter. Institutional investors own 94.85% of the company’s stock.

Post Trading Up 2.2%

NYSE POST opened at $80.19 on Thursday. Post has a 12 month low of $75.40 and a 12 month high of $117.28. The stock has a market cap of $3.63 billion, a P/E ratio of 14.74 and a beta of 0.40. The stock’s fifty day moving average price is $88.92 and its 200-day moving average price is $97.18. The company has a current ratio of 1.85, a quick ratio of 0.99 and a debt-to-equity ratio of 2.47.

Post (NYSE:POST) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.08. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.02 billion. Post had a return on equity of 13.22% and a net margin of 3.48%.The company’s revenue was down 1.8% on a year-over-year basis. During the same period last year, the company earned $2.03 earnings per share. As a group, equities analysts forecast that Post will post 7.56 EPS for the current fiscal year.

Post Company Profile

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.