Post (NYSE:POST) PT Raised to $122.00

Post (NYSE:POST) had its price target raised by stock analysts at Evercore ISI from $118.00 to $122.00 in a research report issued on Monday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Evercore ISI’s price target would indicate a potential upside of 16.15% from the stock’s previous close.

POST has been the topic of several other research reports. Barclays increased their target price on Post from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Tuesday, February 6th. Stifel Nicolaus increased their price objective on shares of Post from $98.00 to $115.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Finally, Mizuho boosted their target price on shares of Post from $110.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Post currently has an average rating of “Moderate Buy” and a consensus price target of $112.83.

Post Price Performance

Shares of POST traded up $2.38 during trading hours on Monday, hitting $105.04. The stock had a trading volume of 514,177 shares, compared to its average volume of 612,014. Post has a 52 week low of $78.85 and a 52 week high of $108.17. The stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 20.08 and a beta of 0.65. The company’s fifty day moving average is $104.04 and its two-hundred day moving average is $95.33. The company has a debt-to-equity ratio of 1.61, a current ratio of 2.16 and a quick ratio of 1.20.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.22. The company had revenue of $2 billion during the quarter, compared to analyst estimates of $2.03 billion. Post had a net margin of 4.38% and a return on equity of 10.93%. The company’s revenue was up 23.4% on a year-over-year basis. During the same quarter last year, the business posted $1.10 earnings per share. On average, analysts anticipate that Post will post 5.52 EPS for the current year.

Insider Buying and Selling

In related news, CEO Nicolas Catoggio sold 300 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total transaction of $31,233.00. Following the completion of the sale, the chief executive officer now directly owns 74,992 shares of the company’s stock, valued at $7,807,417.12. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, CEO Nicolas Catoggio sold 300 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $104.11, for a total value of $31,233.00. Following the transaction, the chief executive officer now directly owns 74,992 shares in the company, valued at approximately $7,807,417.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Diedre J. Gray sold 7,297 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $104.51, for a total value of $762,609.47. Following the completion of the sale, the chief accounting officer now owns 51,073 shares of the company’s stock, valued at approximately $5,337,639.23. The disclosure for this sale can be found here. Corporate insiders own 10.70% of the company’s stock.

Institutional Trading of Post

A number of hedge funds have recently modified their holdings of POST. GAMMA Investing LLC acquired a new position in Post in the fourth quarter valued at about $25,000. TFO Wealth Partners LLC grew its position in shares of Post by 9,966.7% in the 4th quarter. TFO Wealth Partners LLC now owns 302 shares of the company’s stock valued at $264,000 after purchasing an additional 299 shares during the period. C M Bidwell & Associates Ltd. bought a new stake in Post during the 3rd quarter worth approximately $26,000. Parallel Advisors LLC raised its holdings in Post by 487.0% during the 4th quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock worth $28,000 after buying an additional 263 shares during the period. Finally, Venturi Wealth Management LLC lifted its stake in Post by 56.8% in the first quarter. Venturi Wealth Management LLC now owns 359 shares of the company’s stock valued at $38,000 after buying an additional 130 shares in the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.