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

Key Points

• Post Holdings, Inc. has received a consensus recommendation of "Moderate Buy" from five analysts, with an average target price of $129.40.
• In its latest earnings report, Post reported $2.03 earnings per share, exceeding expectations of $1.67, with revenues of $1.98 billion for the quarter.
• Insider activity included Director William P. Stiritz purchasing 186,740 shares, increasing his position by 4.54%, while CEO Nicolas Catoggio sold 1,750 shares, decreasing his holdings by 3.85%.

Shares of Post Holdings, Inc. (NYSE:POST - Get Free Report) have received an average recommendation of "Moderate Buy" from the five analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $129.40.

A number of research firms have recently issued reports on POST. Wells Fargo & Company lowered their price objective on Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 9th. Piper Sandler upped their price target on Post from $140.00 to $150.00 and gave the company an "overweight" rating in a research report on Wednesday, June 11th. Wall Street Zen upgraded Post from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a $122.00 price target (down from $141.00) on shares of Post in a research report on Wednesday. Finally, Evercore ISI upped their price target on Post from $130.00 to $131.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th.

Post Price Performance

Shares of NYSE POST opened at $110.26 on Wednesday. The company's 50-day moving average price is $108.25 and its 200 day moving average price is $110.93. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of 18.75 and a beta of 0.49. Post has a 52 week low of $101.05 and a 52 week high of $125.84. The company has a current ratio of 2.60, a quick ratio of 1.84 and a debt-to-equity ratio of 1.83.

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

Insider Buying and Selling at Post

In other news, Director William P. Stiritz bought 186,740 shares of the business's stock in a transaction on Thursday, June 5th. The shares were purchased at an average price of $109.11 per share, for a total transaction of $20,375,201.40. Following the purchase, the director owned 4,298,667 shares of the company's stock, valued at approximately $469,027,556.37. The trade was a 4.54% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Nicolas Catoggio sold 1,750 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $108.97, for a total value of $190,697.50. Following the completion of the transaction, the chief executive officer owned 43,751 shares of the company's stock, valued at approximately $4,767,546.47. This represents a 3.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 11.40% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in Post during the second quarter worth approximately $136,310,000. The Manufacturers Life Insurance Company boosted its holdings in Post by 403.1% in the fourth quarter. The Manufacturers Life Insurance Company now owns 986,975 shares of the company's stock worth $112,969,000 after acquiring an additional 790,782 shares in the last quarter. Point72 Asset Management L.P. boosted its holdings in Post by 53.4% in the fourth quarter. Point72 Asset Management L.P. now owns 1,045,306 shares of the company's stock worth $119,646,000 after acquiring an additional 364,006 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Post by 35.0% in the second quarter. The Manufacturers Life Insurance Company now owns 1,313,852 shares of the company's stock worth $143,249,000 after acquiring an additional 340,599 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Post in the first quarter worth approximately $34,528,000. Institutional investors own 94.85% of the company's stock.

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.

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