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

Post Holdings, Inc. (NYSE:POST) has earned an average recommendation of “Moderate Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $124.33.

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

Post Trading Down 0.2 %

Shares of POST opened at $112.18 on Friday. The firm has a market cap of $6.55 billion, a price-to-earnings ratio of 20.89 and a beta of 0.63. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.12 and a current ratio of 2.05. Post has a fifty-two week low of $79.78 and a fifty-two week high of $118.96. The firm has a 50 day moving average price of $114.97 and a 200-day moving average price of $109.02.

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

Insider Buying and Selling

In other news, Director Thomas C. Erb bought 2,000 shares of Post stock in a transaction that occurred on Tuesday, August 13th. The stock was bought at an average cost of $112.94 per share, with a total value of $225,880.00. Following the acquisition, the director now owns 35,475 shares of the company’s stock, valued at $4,006,546.50. The trade was a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 10.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Post

A number of institutional investors have recently added to or reduced their stakes in POST. Opal Wealth Advisors LLC bought a new position in shares of Post during the 2nd quarter valued at approximately $27,000. V Square Quantitative Management LLC bought a new position in shares of Post during the 3rd quarter valued at approximately $27,000. New Covenant Trust Company N.A. bought a new position in shares of Post during the 1st quarter valued at approximately $29,000. Bessemer Group Inc. boosted its position in shares of Post by 263.8% during the 1st quarter. Bessemer Group Inc. now owns 342 shares of the company’s stock valued at $36,000 after acquiring an additional 248 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Post in the second quarter worth $62,000. 94.85% of the stock is owned by hedge funds and other institutional investors.

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.