Shares of Post Holdings, Inc. (NYSE:POST) have earned an average rating of “Buy” from the ten research firms that are covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $96.00.
Several research analysts have issued reports on POST shares. Vertical Group cut Post Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, April 19th. BidaskClub cut Post Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, June 21st. Zacks Investment Research cut Post Holdings from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 23rd. Vertical Research cut Post Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, April 18th. Finally, TheStreet cut Post Holdings from a “b” rating to a “c” rating in a report on Tuesday, May 30th.
Post Holdings (NYSE:POST) traded down 1.30% during midday trading on Friday, hitting $85.25. The company had a trading volume of 871,900 shares. The firm has a 50-day moving average price of $79.89 and a 200-day moving average price of $82.91. Post Holdings has a 12 month low of $68.76 and a 12 month high of $89.04. The company has a market cap of $5.65 billion, a price-to-earnings ratio of 126.86 and a beta of 0.10.
Post Holdings (NYSE:POST) last released its earnings results on Thursday, August 3rd. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. Post Holdings had a positive return on equity of 6.53% and a negative net margin of 0.06%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.62 earnings per share. Equities analysts anticipate that Post Holdings will post $2.70 EPS for the current year.
Post Holdings declared that its board has authorized a share buyback program on Wednesday, June 7th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 4.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.
Several institutional investors have recently bought and sold shares of the company. IndexIQ Advisors LLC increased its position in Post Holdings by 0.3% in the second quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock worth $115,000 after buying an additional 4 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Post Holdings by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock worth $170,000 after buying an additional 190 shares during the period. Acadian Asset Management LLC increased its position 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 during the period. Redwood Investments LLC bought a new position in Post Holdings during the first quarter worth $238,000. Finally, Asset Management One Co. Ltd. bought a new position in Post Holdings during the first quarter worth $242,000.
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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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