Post Holdings Inc. (POST) Given Hold Rating at BMO Capital Markets
BMO Capital Markets reiterated their hold rating on shares of Post Holdings Inc. (NYSE:POST) in a research note issued to investors on Tuesday. BMO Capital Markets currently has a $83.00 price objective on the stock.
Several other research analysts also recently weighed in on the stock. 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 report on Monday, July 25th. Zacks Investment Research downgraded shares of Post Holdings from a buy rating to a hold rating in a report on Wednesday, August 17th. TheStreet downgraded shares of Post Holdings from a buy rating to a hold rating in a report on Thursday, November 17th. Finally, Stifel Nicolaus lowered their price objective on shares of Post Holdings from $95.00 to $85.00 and set a buy rating on the stock in a report on Monday. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of $86.00.
Post Holdings (NYSE:POST) traded down 1.00% on Tuesday, reaching $73.89. 195,657 shares of the company were exchanged. The stock’s market capitalization is $4.78 billion. The company’s 50-day moving average price is $76.70 and its 200-day moving average price is $79.82. Post Holdings has a 12-month low of $50.93 and a 12-month high of $89.00.
Post Holdings (NYSE:POST) last released its earnings results on Thursday, November 17th. The company reported $0.61 earnings per share (EPS) 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 company had revenue of $1.26 billion for the quarter. During the same quarter in the previous year, the firm earned $0.06 EPS. The firm’s revenue was down 3.7% on a year-over-year basis. Equities research analysts anticipate that Post Holdings will post $2.63 earnings per share for the current fiscal year.
A number of institutional investors have recently modified their holdings of the company. BNP Paribas Arbitrage SA raised 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 in the last quarter. BlueMountain Capital Management LLC increased its stake in shares of Post Holdings by 9,779.8% in the first quarter. BlueMountain Capital Management LLC now owns 444,988 shares of the company’s stock worth $30,602,000 after buying an additional 440,484 shares during the last quarter. Garrison Financial Corp purchased a new stake in shares of Post Holdings during the second quarter worth about $231,000. Engineers Gate Manager LP purchased a new stake in shares of Post Holdings during the second quarter worth about $5,323,000. Finally, Barclays PLC increased its stake in shares of Post Holdings by 32.6% in the first quarter. Barclays PLC now owns 22,117 shares of the company’s stock worth $1,504,000 after buying an additional 5,438 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.
Receive News & Stock Ratings for Post Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Post Holdings Inc. and related stocks with our FREE daily email newsletter.