Post Holdings, Inc. (POST) Expected to Announce Quarterly Sales of $1.41 Billion
Equities analysts expect Post Holdings, Inc. (NYSE:POST) to report sales of $1.41 billion for the current quarter, Zacks reports. Two analysts have made estimates for Post Holdings’ earnings, with estimates ranging from $1.38 billion to $1.44 billion. Post Holdings posted sales of $1.25 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 12.8%. The firm is scheduled to issue its next quarterly earnings results on Thursday, February 1st.
On average, analysts expect that Post Holdings will report full-year sales of $1.41 billion for the current fiscal year, with estimates ranging from $5.83 billion to $5.87 billion. For the next fiscal year, analysts forecast that the company will post sales of $6.28 billion per share. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Post Holdings.
Post Holdings (NYSE:POST) last announced its quarterly earnings results on Thursday, November 16th. The company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $0.93 by ($0.05). The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Post Holdings had a net margin of 0.92% and a return on equity of 7.31%. The business’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 earnings per share.
POST has been the topic of several recent analyst reports. Zacks Investment Research cut shares of Post Holdings from a “hold” rating to a “strong sell” rating in a research note on Friday, October 6th. BidaskClub raised shares of Post Holdings from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Wells Fargo & Company increased their price target on shares of Post Holdings from $96.00 to $106.00 and gave the stock an “outperform” rating in a report on Wednesday, October 4th. Pivotal Research reissued a “buy” rating and issued a $105.00 price target on shares of Post Holdings in a report on Wednesday, September 20th. Finally, BMO Capital Markets raised shares of Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 price target on the stock in a report on Wednesday, September 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the stock. Post Holdings presently has an average rating of “Buy” and a consensus target price of $103.25.
Shares of Post Holdings (NYSE POST) opened at $79.78 on Wednesday. The company has a market cap of $5,340.00, a P/E ratio of 30.20 and a beta of 0.11. The company has a debt-to-equity ratio of 2.56, a quick ratio of 2.90 and a current ratio of 3.71. Post Holdings has a 52 week low of $73.62 and a 52 week high of $89.04.
A number of institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio grew its holdings in Post Holdings by 68.2% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 47,779 shares of the company’s stock worth $4,217,000 after acquiring an additional 19,371 shares during the last quarter. California Public Employees Retirement System grew its holdings in Post Holdings by 3.3% in the 3rd quarter. California Public Employees Retirement System now owns 98,939 shares of the company’s stock worth $8,733,000 after acquiring an additional 3,139 shares during the last quarter. Affinity Wealth Management purchased a new stake in shares of Post Holdings in the 3rd quarter worth about $205,000. Janus Henderson Group PLC lifted its position in shares of Post Holdings by 33.3% in the 3rd quarter. Janus Henderson Group PLC now owns 3,600 shares of the company’s stock worth $318,000 after purchasing an additional 900 shares during the period. Finally, Asset Management One Co. Ltd. purchased a new stake in shares of Post Holdings in the 3rd quarter worth about $548,000.
Post Holdings Company Profile
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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