Post Holdings, Inc. (NYSE:POST) Given Average Recommendation of "Hold" by Analysts

Shares of Post Holdings, Inc. (NYSE:POST - Get Free Report) have been given a consensus recommendation of "Hold" by the eight research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $109.00.

A number of research firms recently weighed in on POST. Wall Street Zen lowered Post from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. Evercore set a $121.00 target price on Post in a report on Monday, August 10th. JPMorgan Chase & Co. cut their price objective on shares of Post from $116.00 to $99.00 and set an "overweight" rating on the stock in a research report on Monday, August 10th. Stifel Nicolaus set a $125.00 price objective on Post in a report on Friday, August 7th. Finally, Jefferies Financial Group set a $117.00 price target on shares of Post in a research report on Monday, July 27th.

Key Post News

Here are the key news stories impacting Post this week:

• Neutral Sentiment: Recent market coverage provides only stock-quote references for Post Holdings, including Morningstar Post Holdings quote and Yahoo Finance Post Holdings quote; neither reports new operating results, analyst actions, acquisitions, or guidance.
• Neutral Sentiment: The latest reported quarter remains the key fundamental reference: Post Holdings delivered adjusted earnings of $1.78 per share, above the $1.70 consensus, but revenue of $1.95 billion fell short of the $2.02 billion estimate and declined 1.8% year over year. EPS also decreased from $2.03 in the prior-year period.
• Negative Sentiment: Investors continue to face mixed signals: the company’s earnings beat was offset by weaker sales, a low 3.48% net margin, and elevated leverage, with debt-to-equity of 2.47. The shares also remain below both their 50-day and 200-day moving averages, indicating continued technical pressure.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System boosted its holdings in Post by 8,443.5% in the 2nd quarter. California State Teachers Retirement System now owns 4,353,425 shares of the company's stock worth $384,233,000 after buying an additional 4,302,469 shares during the last quarter. Norges Bank purchased a new stake in Post in the 4th quarter valued at about $113,660,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of Post during the second quarter worth about $54,599,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Post by 278.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 549,985 shares of the company's stock valued at $48,542,000 after purchasing an additional 404,775 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Post by 104.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 415,493 shares of the company's stock valued at $41,155,000 after buying an additional 212,325 shares in the last quarter. Hedge funds and other institutional investors own 94.85% of the company's stock.

Post Stock Down 0.1%

Shares of NYSE:POST opened at $85.25 on Monday. The business's 50 day moving average is $86.49 and its 200 day moving average is $95.31. The company has a quick ratio of 0.99, a current ratio of 1.85 and a debt-to-equity ratio of 2.47. Post has a 12-month low of $75.40 and a 12-month high of $117.28. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 15.67 and a beta of 0.40.

Post (NYSE:POST - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $1.78 earnings per share for the quarter, beating analysts' consensus estimates of $1.70 by $0.08. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $2.02 billion. Post had a return on equity of 13.22% and a net margin of 3.48%.The company's quarterly revenue was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.03 EPS. On average, sell-side analysts forecast that Post will post 7.56 earnings per share for the current fiscal year.

Post Company Profile

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company's principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source