Insider Buying: Post Holdings Inc (POST) CEO Acquires 2,720 Shares of Stock
Post Holdings Inc (NYSE:POST) CEO Robert V. Vitale purchased 2,720 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The shares were purchased at an average price of $73.72 per share, for a total transaction of $200,518.40. Following the completion of the transaction, the chief executive officer now directly owns 268,058 shares of the company’s stock, valued at $19,761,235.76. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Post Holdings Inc (POST) opened at $71.64 on Friday. The company has a quick ratio of 3.27, a current ratio of 4.05 and a debt-to-equity ratio of 2.47. Post Holdings Inc has a 1-year low of $71.06 and a 1-year high of $89.04. The company has a market capitalization of $4,740.00, a price-to-earnings ratio of 24.79, a price-to-earnings-growth ratio of 1.68 and a beta of -0.05.
Post (NYSE:POST) last released its earnings results on Thursday, February 1st. The company reported $0.88 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.04). Post had a return on equity of 7.90% and a net margin of 4.54%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period last year, the firm posted $0.62 earnings per share. The company’s revenue was up 14.7% compared to the same quarter last year. sell-side analysts anticipate that Post Holdings Inc will post 4.38 EPS for the current fiscal year.
Several equities research analysts recently weighed in on POST shares. BidaskClub lowered Post from a “hold” rating to a “sell” rating in a research report on Saturday, October 21st. Zacks Investment Research raised Post from a “hold” rating to a “buy” rating and set a $92.00 target price on the stock in a report on Saturday, October 28th. BMO Capital Markets reissued a “buy” rating on shares of Post in a report on Monday, November 6th. SunTrust Banks set a $105.00 target price on Post and gave the stock a “buy” rating in a report on Thursday, November 16th. Finally, Citigroup set a $110.00 target price on Post and gave the stock a “buy” rating in a report on Monday, November 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $100.13.
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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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