Post Holdings, Inc. (NYSE:POST) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Post Holdings, Inc. (NYSE:POST) has earned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $124.33.

Several analysts have commented on the company. Stifel Nicolaus raised their price objective on Post from $120.00 to $130.00 and gave the company a “buy” rating in a report on Monday, August 5th. JPMorgan Chase & Co. lifted their price target on shares of Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Wells Fargo & Company upped their price objective on shares of Post from $108.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Monday, August 5th. Finally, Evercore ISI increased their price objective on shares of Post from $122.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, August 5th.

Insider Buying and Selling at Post

In other Post news, Director Thomas C. Erb bought 2,000 shares of the company’s stock in a transaction dated Tuesday, August 13th. The stock was acquired at an average price of $112.94 per share, with a total value of $225,880.00. Following the completion of the acquisition, the director now directly owns 35,475 shares of the company’s stock, valued at $4,006,546.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 10.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Post by 6.7% during the first quarter. Vanguard Group Inc. now owns 5,288,249 shares of the company’s stock worth $562,035,000 after buying an additional 332,811 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Post by 0.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,063,104 shares of the company’s stock worth $319,052,000 after acquiring an additional 27,448 shares during the last quarter. Point72 Asset Management L.P. raised its holdings in shares of Post by 51.4% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,237,165 shares of the company’s stock worth $128,863,000 after acquiring an additional 419,945 shares during the period. Thompson Siegel & Walmsley LLC boosted its position in shares of Post by 3.8% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 874,320 shares of the company’s stock valued at $91,069,000 after acquiring an additional 32,188 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Post by 2.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 580,292 shares of the company’s stock valued at $61,674,000 after purchasing an additional 15,975 shares during the period. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Price Performance

NYSE:POST opened at $114.49 on Monday. The company has a debt-to-equity ratio of 1.62, a current ratio of 2.05 and a quick ratio of 1.12. The company has a 50 day moving average price of $113.10 and a 200-day moving average price of $107.41. Post has a 1-year low of $78.85 and a 1-year high of $118.96. The firm has a market cap of $6.94 billion, a price-to-earnings ratio of 21.93 and a beta of 0.63.

Post (NYSE:POST) last issued its quarterly earnings data on Thursday, August 1st. The company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.33. Post had a net margin of 4.46% and a return on equity of 10.91%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter in the prior year, the firm posted $1.52 earnings per share. The company’s revenue was up 4.7% compared to the same quarter last year. Equities research analysts forecast that Post will post 5.95 EPS for the current year.

About Post

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.