Stifel Nicolaus Lowers Post Holdings Inc. (POST) Price Target to $85.00
Post Holdings Inc. (NYSE:POST) had its price target decreased by stock analysts at Stifel Nicolaus from $95.00 to $85.00 in a report released on Monday. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 14.97% from the company’s previous close.
POST has been the topic of several other reports. Zacks Investment Research upgraded shares of Post Holdings from a “hold” rating to a “buy” rating and set a $93.00 price target on the stock in a research note on Friday, August 12th. Pivotal Research lowered their price objective on shares of Post Holdings from $105.00 to $90.00 and set a “buy” rating on the stock in a research report on Monday, July 25th. TheStreet downgraded shares of Post Holdings from a “buy” rating to a “hold” rating in a report on Thursday, November 17th. Finally, BMO Capital Markets downgraded shares of Post Holdings from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $90.00 to $83.00 in a report on Wednesday, September 21st. They noted that the move was a valuation call. Three research 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 an average rating of “Buy” and a consensus price target of $86.00.
Post Holdings (NYSE:POST) traded up 1.30% during trading on Monday, reaching $74.89. 373,827 shares of the company’s stock traded hands. Post Holdings has a 12-month low of $50.93 and a 12-month high of $89.00. The company has a 50 day moving average price of $76.78 and a 200-day moving average price of $79.82. The company’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 Zacks’ consensus estimate of $0.44 by $0.17. Post Holdings had a negative net margin of 0.07% and a positive return on equity of 6.92%. The business had revenue of $1.26 billion for the quarter. During the same quarter in the previous year, the business posted $0.06 earnings per share. Post Holdings’s revenue for the quarter was down 3.7% compared to the same quarter last year. On average, equities research analysts forecast that Post Holdings will post $2.63 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in the company. Nuveen Asset Management LLC increased its position in shares of Post Holdings by 1.7% in the first quarter. Nuveen Asset Management LLC now owns 29,081 shares of the company’s stock valued at $2,000,000 after buying an additional 493 shares during the period. Adage Capital Partners GP L.L.C. bought a new stake in Post Holdings during the first quarter valued at about $5,502,000. Metropolitan Life Insurance Co. NY boosted its stake in Post Holdings by 3.5% in the first quarter. Metropolitan Life Insurance Co. NY now owns 100,140 shares of the company’s stock valued at $6,887,000 after buying an additional 3,355 shares in the last quarter. Barclays PLC boosted its stake in Post Holdings by 32.6% in the first quarter. Barclays PLC now owns 22,117 shares of the company’s stock valued at $1,504,000 after buying an additional 5,438 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in Post Holdings by 9.0% in the first quarter. Arizona State Retirement System now owns 35,125 shares of the company’s stock valued at $2,416,000 after buying an additional 2,900 shares in 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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