Analysts Set Post Holdings, Inc. (NYSE:POST) Price Target at $113.67

Post Holdings, Inc. (NYSE:POST) has received a consensus rating of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $113.67.

Several equities research analysts have commented on the company. Mizuho boosted their price objective on Post from $110.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Stifel Nicolaus boosted their price target on Post from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Barclays increased their price objective on Post from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Tuesday, May 7th. Finally, Evercore ISI lifted their target price on shares of Post from $118.00 to $122.00 and gave the stock an “outperform” rating in a research note on Monday, May 6th.

Post Trading Up 0.6 %

Shares of NYSE:POST opened at $105.58 on Tuesday. The firm has a market capitalization of $6.40 billion, a price-to-earnings ratio of 20.23 and a beta of 0.65. The business’s 50 day moving average price is $104.57 and its 200-day moving average price is $97.45. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.16 and a quick ratio of 1.20. Post has a 1 year low of $78.85 and a 1 year high of $108.17.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.22. The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.03 billion. Post had a net margin of 4.38% and a return on equity of 10.93%. The company’s revenue was up 23.4% compared to the same quarter last year. During the same period last year, the firm posted $1.10 earnings per share. On average, equities research analysts forecast that Post will post 5.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Nicolas Catoggio sold 300 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total transaction of $31,233.00. Following the transaction, the chief executive officer now owns 74,992 shares of the company’s stock, valued at approximately $7,807,417.12. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 10.70% of the company’s stock.

Institutional Trading of Post

Several institutional investors have recently made changes to their positions in POST. Panagora Asset Management Inc. raised its position in Post by 39.6% in the third quarter. Panagora Asset Management Inc. now owns 5,786 shares of the company’s stock valued at $496,000 after purchasing an additional 1,640 shares during the period. Duality Advisers LP purchased a new position in shares of Post during the 3rd quarter worth $416,000. California Public Employees Retirement System increased its position in shares of Post by 4.0% during the 3rd quarter. California Public Employees Retirement System now owns 300,982 shares of the company’s stock worth $25,806,000 after purchasing an additional 11,489 shares during the last quarter. Jackson Creek Investment Advisors LLC purchased a new stake in Post in the 3rd quarter valued at about $533,000. Finally, Meyer Handelman Co. acquired a new position in Post in the third quarter valued at about $815,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

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.