Stifel Nicolaus Increases Post (NYSE:POST) Price Target to $115.00

Post (NYSE:POSTGet Free Report) had its target price hoisted by investment analysts at Stifel Nicolaus from $98.00 to $115.00 in a research report issued on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 10.30% from the company’s previous close.

POST has been the subject of several other reports. JPMorgan Chase & Co. initiated coverage on Post in a research report on Friday, October 13th. They issued an “overweight” rating and a $100.00 target price for the company. Mizuho increased their target price on Post from $110.00 to $128.00 and gave the company a “buy” rating in a research report on Monday. Finally, Wells Fargo & Company initiated coverage on Post in a research report on Tuesday, December 12th. They issued an “equal weight” rating and a $92.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Post presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.67.

View Our Latest Report on POST

Post Price Performance

Shares of POST stock opened at $104.26 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.99 and a debt-to-equity ratio of 1.60. Post has a twelve month low of $78.85 and a twelve month high of $105.21. The company has a market cap of $6.31 billion, a P/E ratio of 22.37 and a beta of 0.65. The business has a fifty day simple moving average of $90.83 and a 200 day simple moving average of $87.48.

Post (NYSE:POSTGet Free Report) last announced its quarterly earnings data on Thursday, November 16th. The company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.25. Post had a return on equity of 10.51% and a net margin of 4.03%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion. On average, sell-side analysts forecast that Post will post 4.94 EPS for the current fiscal year.

Insider Activity

In other news, SVP Bradly A. Harper sold 2,500 shares of the stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $85.19, for a total value of $212,975.00. Following the completion of the sale, the senior vice president now owns 10,905 shares of the company’s stock, valued at $928,996.95. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Ellen F. Harshman sold 500 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $87.09, for a total transaction of $43,545.00. Following the completion of the sale, the director now owns 9,272 shares of the company’s stock, valued at $807,498.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Bradly A. Harper sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $85.19, for a total value of $212,975.00. Following the sale, the senior vice president now directly owns 10,905 shares of the company’s stock, valued at approximately $928,996.95. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,700 shares of company stock valued at $659,914. Company insiders own 10.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in POST. Parkside Financial Bank & Trust increased its position in Post by 7.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,649 shares of the company’s stock worth $145,000 after buying an additional 112 shares during the last quarter. Treasurer of the State of North Carolina increased its position in Post by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 23,492 shares of the company’s stock worth $2,014,000 after buying an additional 120 shares during the last quarter. Stifel Financial Corp increased its position in Post by 0.3% in the third quarter. Stifel Financial Corp now owns 44,692 shares of the company’s stock worth $3,832,000 after buying an additional 139 shares during the last quarter. M&T Bank Corp increased its position in Post by 4.9% in the fourth quarter. M&T Bank Corp now owns 3,139 shares of the company’s stock worth $277,000 after buying an additional 146 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in Post by 45.9% in the fourth quarter. Fifth Third Bancorp now owns 610 shares of the company’s stock worth $54,000 after buying an additional 192 shares during the last quarter. Institutional investors own 91.98% of the company’s stock.

Post Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Post (NYSE:POST)

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