Post Holdings, Inc. (POST) Given a $105.00 Price Target at SunTrust Banks, Inc.
POST has been the subject of a number of other reports. Zacks Investment Research cut Post Holdings from a hold rating to a strong sell rating in a report on Friday, October 6th. Wells Fargo & Company increased their price target on Post Holdings from $96.00 to $106.00 and gave the stock an outperform rating in a report on Wednesday, October 4th. BidaskClub upgraded Post Holdings from a hold rating to a buy rating in a report on Thursday, September 28th. BMO Capital Markets reiterated a buy rating on shares of Post Holdings in a report on Monday, November 6th. Finally, Pivotal Research restated a buy rating and set a $105.00 target price on shares of Post Holdings in a report on Wednesday, September 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. Post Holdings presently has a consensus rating of Buy and a consensus target price of $102.29.
Post Holdings (NYSE:POST) traded down $1.31 during midday trading on Thursday, hitting $80.95. The stock had a trading volume of 2,050,009 shares, compared to its average volume of 801,306. The stock has a market cap of $5,400.00, a PE ratio of 33.17 and a beta of 0.11. The company has a current ratio of 6.43, a quick ratio of 5.47 and a debt-to-equity ratio of 2.31. Post Holdings has a fifty-two week low of $69.10 and a fifty-two week high of $89.04.
Post Holdings (NYSE:POST) last released its quarterly earnings results on Wednesday, November 15th. The company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.04). The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Post Holdings had a positive return on equity of 6.53% and a negative net margin of 0.06%. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.61 earnings per share. analysts expect that Post Holdings will post 2.73 EPS for the current fiscal year.
Institutional investors have recently made changes to their positions in the stock. IndexIQ Advisors LLC boosted its holdings in Post Holdings by 0.3% during the 2nd quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock valued at $115,000 after acquiring an additional 4 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Post Holdings by 9.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,194 shares of the company’s stock valued at $170,000 after purchasing an additional 190 shares in the last quarter. Affinity Wealth Management acquired a new stake in Post Holdings in the 3rd quarter valued at about $205,000. Virtu KCG Holdings LLC acquired a new stake in Post Holdings in the 2nd quarter valued at about $208,000. Finally, South State Corp acquired a new stake in Post Holdings in the 3rd quarter valued at about $208,000.
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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