Post Holdings Inc. (POST) Rating Lowered to Hold at TheStreet
Post Holdings Inc. (NYSE:POST) was downgraded by investment analysts at TheStreet from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.
Several other analysts have also weighed in on the stock. BMO Capital Markets lowered shares of Post Holdings from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $90.00 to $83.00 in a report on Wednesday, September 21st. They noted that the move was a valuation call. Pivotal Research dropped their price objective on shares of Post Holdings from $105.00 to $90.00 and set a “buy” rating for the company in a report on Monday, July 25th. Finally, Zacks Investment Research lowered shares of Post Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, August 17th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $86.00.
Post Holdings (NYSE:POST) opened at 72.34 on Thursday. The company’s market cap is $4.68 billion. Post Holdings has a 12-month low of $50.93 and a 12-month high of $89.00. The firm has a 50 day moving average price of $77.66 and a 200 day moving average price of $79.64.
Post Holdings (NYSE:POST) last posted its quarterly earnings data on Thursday, November 17th. The company reported $0.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.17. The company earned $1.26 billion during the quarter. Post Holdings had a negative net margin of 0.07% and a positive return on equity of 6.92%. The business’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.06 EPS. On average, analysts anticipate that Post Holdings will post $2.63 earnings per share for the current fiscal year.
Institutional investors have recently made changes to their positions in the stock. Jag Capital Management LLC acquired a new position in shares of Post Holdings during the second quarter worth about $5,025,000. Private Trust Co. NA acquired a new position in shares of Post Holdings during the second quarter worth about $230,000. Anderson Hoagland & Co. acquired a new position in shares of Post Holdings during the second quarter worth about $215,000. Capstone Asset Management Co. boosted its position in shares of Post Holdings by 36.8% in the second quarter. Capstone Asset Management Co. now owns 8,696 shares of the company’s stock worth $719,000 after buying an additional 2,340 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its position in shares of Post Holdings by 91.7% in the second quarter. BNP Paribas Arbitrage SA now owns 35,930 shares of the company’s stock worth $2,971,000 after buying an additional 17,189 shares during the last quarter.
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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