Post Holdings Inc. (POST) Given New $85.00 Price Target at Stifel Nicolaus
Post Holdings Inc. (NYSE:POST) had its price target reduced by Stifel Nicolaus from $95.00 to $85.00 in a research report report published on Monday morning. They currently have a buy rating on the stock.
Several other equities analysts have also recently weighed in on POST. Pivotal Research dropped their price objective on Post Holdings from $105.00 to $90.00 and set a buy rating for the company in a report on Monday, July 25th. Zacks Investment Research cut Post Holdings from a strong-buy rating to a hold rating in a report on Thursday, July 28th. BMO Capital Markets reaffirmed an outperform rating and issued a $90.00 price objective on shares of Post Holdings in a report on Wednesday, August 10th. Finally, TheStreet cut Post Holdings from a buy rating to a hold rating in a report on Thursday, November 17th. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of $86.00.
Post Holdings (NYSE:POST) traded up 1.30% during trading on Monday, reaching $74.89. The company’s stock had a trading volume of 373,827 shares. The stock’s 50 day moving average is $76.78 and its 200-day moving average is $79.82. Post Holdings has a 52 week low of $50.93 and a 52 week high of $89.00. The firm’s market cap is $4.84 billion.
Post Holdings (NYSE:POST) last announced its quarterly earnings data on Thursday, November 17th. The company reported $0.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.17. The firm earned $1.26 billion during the quarter. Post Holdings had a positive return on equity of 6.92% and a negative net margin of 0.07%. Post Holdings’s revenue was down 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.06 earnings per share. On average, equities research analysts forecast that Post Holdings will post $2.63 earnings per share for the current fiscal year.
Several large investors have recently added to or reduced their stakes in POST. First Trust Advisors LP raised its stake in Post Holdings by 1,617.2% in the third quarter. First Trust Advisors LP now owns 1,471,301 shares of the company’s stock worth $113,540,000 after buying an additional 1,385,620 shares during the period. BlueMountain Capital Management LLC raised its stake in Post Holdings by 118.6% in the second quarter. BlueMountain Capital Management LLC now owns 972,606 shares of the company’s stock worth $80,425,000 after buying an additional 527,618 shares during the period. Point72 Asset Management L.P. bought a new stake in Post Holdings during the second quarter worth approximately $39,749,000. Victory Capital Management Inc. bought a new stake in Post Holdings during the third quarter worth approximately $32,072,000. Finally, Schroder Investment Management Group bought a new stake in Post Holdings during the second quarter worth approximately $30,336,000.
About Post Holdings
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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