Post Holdings, Inc. (NYSE:POST) Receives Average Recommendation of "Moderate Buy" from Analysts

Post Holdings, Inc. (NYSE:POST - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven brokerages that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $130.80.

POST has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price objective on Post from $122.00 to $131.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 26th. Zacks Research lowered Post from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 15th. Piper Sandler raised their price target on Post from $140.00 to $150.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 11th. Wells Fargo & Company dropped their target price on shares of Post from $117.00 to $115.00 and set an "equal weight" rating on the stock in a report on Thursday, September 25th. Finally, Wall Street Zen upgraded shares of Post from a "hold" rating to a "buy" rating in a report on Saturday, August 9th.

Insider Activity at Post

In other news, Director William P. Stiritz purchased 36,000 shares of the company's stock in a transaction on Tuesday, August 19th. The shares were purchased at an average price of $109.53 per share, with a total value of $3,943,080.00. Following the purchase, the director directly owned 4,334,667 shares of the company's stock, valued at $474,776,076.51. This trade represents a 0.84% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 11.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Post

A number of hedge funds and other institutional investors have recently bought and sold shares of POST. Wealth Enhancement Advisory Services LLC raised its position in Post by 31.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,914 shares of the company's stock valued at $562,000 after buying an additional 1,186 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Post by 27.3% in the first quarter. Fifth Third Bancorp now owns 829 shares of the company's stock valued at $96,000 after purchasing an additional 178 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Post by 7.3% in the first quarter. Exchange Traded Concepts LLC now owns 6,922 shares of the company's stock valued at $805,000 after purchasing an additional 472 shares during the last quarter. Silver Oak Securities Incorporated raised its holdings in shares of Post by 73.3% in the first quarter. Silver Oak Securities Incorporated now owns 6,675 shares of the company's stock valued at $768,000 after purchasing an additional 2,824 shares during the last quarter. Finally, Bessemer Group Inc. lifted its position in Post by 200.0% during the 1st quarter. Bessemer Group Inc. now owns 477 shares of the company's stock worth $56,000 after buying an additional 318 shares in the last quarter. Institutional investors and hedge funds own 94.85% of the company's stock.

Post Stock Performance

Shares of NYSE:POST opened at $106.62 on Thursday. The company has a market capitalization of $5.79 billion, a price-to-earnings ratio of 18.13 and a beta of 0.49. The firm's 50 day simple moving average is $107.32 and its 200 day simple moving average is $109.83. The company has a debt-to-equity ratio of 1.83, a current ratio of 2.60 and a quick ratio of 1.84. Post has a fifty-two week low of $101.05 and a fifty-two week high of $125.84.

Post (NYSE:POST - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.36. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.95 billion. Post had a net margin of 4.62% and a return on equity of 10.80%. The business's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period last year, the business posted $1.54 earnings per share. As a group, sell-side analysts forecast that Post will post 6.41 earnings per share for the current year.

Post announced that its Board of Directors has approved a share repurchase program on Friday, August 29th that authorizes the company to buyback $0.00 in outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

About Post

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.

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