Equities analysts expect that Post Holdings Inc (NYSE:POST) will report sales of $1.45 billion for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Post’s earnings, with the highest sales estimate coming in at $1.47 billion and the lowest estimate coming in at $1.43 billion. Post posted sales of $1.61 billion during the same quarter last year, which suggests a negative year over year growth rate of 9.9%. The business is scheduled to announce its next quarterly earnings report on Thursday, August 1st.

On average, analysts expect that Post will report full year sales of $5.73 billion for the current fiscal year, with estimates ranging from $5.70 billion to $5.75 billion. For the next financial year, analysts expect that the firm will post sales of $6.00 billion, with estimates ranging from $5.92 billion to $6.09 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that follow Post.

Post (NYSE:POST) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $1.28 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.15. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Post had a net margin of 4.15% and a return on equity of 10.94%. The company’s revenue was down 12.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.06 EPS.

A number of research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Post from a “hold” rating to a “buy” rating and set a $121.00 target price on the stock in a research note on Thursday, April 4th. Wells Fargo & Co reiterated a “buy” rating on shares of Post in a research note on Wednesday, May 8th. BMO Capital Markets lifted their price target on Post from $106.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. SunTrust Banks lifted their price target on Post to $115.00 and gave the company a “buy” rating in a research note on Monday, February 4th. Finally, Goldman Sachs Group upgraded Post from a “neutral” rating to a “buy” rating and lifted their price target for the company from $107.00 to $134.00 in a research note on Monday, May 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $117.90.

In other news, Director Robert E. Grote sold 750 shares of Post stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $99.89, for a total value of $74,917.50. Following the transaction, the director now owns 6,950 shares in the company, valued at approximately $694,235.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 8.10% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in POST. Oregon Public Employees Retirement Fund grew its position in Post by 8,813.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,290,017 shares of the company’s stock valued at $26,000 after buying an additional 2,264,324 shares during the period. JOYN Advisors Inc. boosted its position in Post by 93.4% during the 4th quarter. JOYN Advisors Inc. now owns 468 shares of the company’s stock worth $42,000 after acquiring an additional 226 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in Post during the 1st quarter worth about $42,000. Quadrant Capital Group LLC boosted its position in Post by 2,145.0% during the 1st quarter. Quadrant Capital Group LLC now owns 449 shares of the company’s stock worth $48,000 after acquiring an additional 429 shares during the period. Finally, Doyle Wealth Management acquired a new stake in Post during the 4th quarter worth about $74,000. 95.19% of the stock is currently owned by institutional investors.

Shares of Post stock traded up $1.17 on Friday, hitting $107.54. 22,783 shares of the company’s stock were exchanged, compared to its average volume of 562,163. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.93 and a quick ratio of 1.08. Post has a 1 year low of $75.01 and a 1 year high of $113.73. The stock has a market capitalization of $7.80 billion, a PE ratio of 26.37, a P/E/G ratio of 2.99 and a beta of 0.23.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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Earnings History and Estimates for Post (NYSE:POST)

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