Shares of Post Holdings, Inc. (NYSE:POST) have been assigned an average rating of “Buy” from the ten ratings firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $96.00.
A number of analysts have recently commented on the company. BidaskClub upgraded Post Holdings from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. Goldman Sachs Group, Inc. (The) assumed coverage on Post Holdings in a research report on Monday, July 17th. They issued a “buy” rating and a $105.00 target price on the stock. Zacks Investment Research raised Post Holdings from a “strong sell” rating to a “strong-buy” rating and set a $88.00 target price on the stock in a research report on Wednesday, July 12th. Barclays PLC reaffirmed a “buy” rating on shares of Post Holdings in a research report on Friday, July 7th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $90.00 target price on shares of Post Holdings in a research report on Wednesday, April 19th.
Hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC increased its stake in Post Holdings by 4,660.4% in the first quarter. Acadian Asset Management LLC now owns 2,285 shares of the company’s stock worth $200,000 after buying an additional 2,237 shares in the last quarter. Redwood Investments LLC bought a new stake in Post Holdings during the first quarter worth about $238,000. Asset Management One Co. Ltd. bought a new stake in Post Holdings during the first quarter worth about $242,000. Private Trust Co. NA increased its stake in Post Holdings by 2.6% in the first quarter. Private Trust Co. NA now owns 2,858 shares of the company’s stock worth $250,000 after buying an additional 72 shares in the last quarter. Finally, Marietta Investment Partners LLC increased its stake in Post Holdings by 2.7% in the first quarter. Marietta Investment Partners LLC now owns 3,223 shares of the company’s stock worth $282,000 after buying an additional 86 shares in the last quarter.
Shares of Post Holdings (NYSE POST) traded up 0.24% on Friday, reaching $83.67. The company’s stock had a trading volume of 483,555 shares. The company’s 50 day moving average is $79.88 and its 200-day moving average is $82.87. The stock has a market cap of $5.54 billion, a PE ratio of 124.51 and a beta of 0.08. Post Holdings has a 1-year low of $68.76 and a 1-year high of $89.04.
Post Holdings (NYSE:POST) last issued its quarterly earnings results on Monday, May 8th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by $0.05. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.26 billion. Post Holdings had a net margin of 1.20% and a return on equity of 6.40%. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.87 earnings per share. On average, equities analysts predict that Post Holdings will post $2.58 earnings per share for the current fiscal year.
Post Holdings announced that its board has initiated a share repurchase plan on Wednesday, June 7th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 4.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.
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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