Post (NYSE:POST) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Post (NYSE:POST – Get Rating) in a research report sent to investors on Thursday morning. The firm issued a hold rating on the stock.

A number of other research firms have also issued reports on POST. Barclays boosted their price objective on Post from $102.00 to $105.00 and gave the company an overweight rating in a research note on Tuesday, February 7th. Truist Financial boosted their price objective on Post from $70.00 to $85.00 and gave the company a hold rating in a research note on Monday, February 6th. Piper Sandler boosted their price objective on Post from $107.00 to $115.00 and gave the company an overweight rating in a research note on Tuesday, November 29th. UBS Group upgraded Post from a sell rating to a neutral rating in a research note on Thursday, February 9th. Finally, BMO Capital Markets boosted their price objective on Post from $96.00 to $99.00 and gave the company a market perform rating in a research note on Monday, November 21st. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus target price of $99.14.

Post Stock Performance

Shares of POST opened at $85.09 on Thursday. The firm has a market cap of $5.00 billion, a PE ratio of 6.10 and a beta of 0.69. The stock’s fifty day moving average price is $91.32 and its two-hundred day moving average price is $89.62. The company has a debt-to-equity ratio of 1.71, a current ratio of 2.79 and a quick ratio of 2.03. Post has a 1 year low of $63.53 and a 1 year high of $98.84.

Post (NYSE:POST – Get Rating) last issued its earnings results on Friday, February 3rd. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.50. Post had a return on equity of 5.36% and a net margin of 14.30%. The firm had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the company posted $0.29 earnings per share. The business’s revenue was up 17.1% on a year-over-year basis. On average, equities research analysts forecast that Post will post 3.55 EPS for the current year.

Insider Buying and Selling

In related news, Director David P. Skarie sold 2,500 shares of the business’s stock in a transaction dated Tuesday, March 7th. The stock was sold at an average price of $89.74, for a total transaction of $224,350.00. Following the completion of the transaction, the director now directly owns 42,518 shares in the company, valued at $3,815,565.32. The transaction was disclosed in a document filed with the SEC, which is available through this link. 10.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Post

A number of hedge funds and other institutional investors have recently modified their holdings of POST. Advisor Group Holdings Inc. boosted its holdings in shares of Post by 14.9% in the 1st quarter. Advisor Group Holdings Inc. now owns 3,011 shares of the company’s stock worth $215,000 after purchasing an additional 391 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of Post by 16.1% in the 1st quarter. HighTower Advisors LLC now owns 3,241 shares of the company’s stock worth $225,000 after purchasing an additional 450 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Post by 136.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,553 shares of the company’s stock worth $454,000 after purchasing an additional 3,784 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of Post by 545.8% in the 1st quarter. Bank of Montreal Can now owns 32,425 shares of the company’s stock worth $2,222,000 after purchasing an additional 27,404 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its holdings in shares of Post by 29.8% in the 1st quarter. MetLife Investment Management LLC now owns 36,813 shares of the company’s stock worth $2,550,000 after purchasing an additional 8,444 shares in the last quarter. 91.40% of the stock is currently owned by hedge funds and other institutional investors.

Post Company Profile

(Get Rating)

Post Holdings, Inc operates as a consumer packaged goods holding company. The firm engages in the operation of center-of-the-store, refrigerated, food service, food ingredient, active nutrition, and private brand food categories. It operates through the following segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail and BellRing Brands.