Post (NYSE:POST - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday.
A number of other research firms also recently weighed in on POST. Piper Sandler increased their target price on Post from $140.00 to $150.00 and gave the company an "overweight" rating in a report on Wednesday, June 11th. Evercore ISI boosted their target price on shares of Post from $130.00 to $131.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Wells Fargo & Company decreased their price target on shares of Post from $120.00 to $117.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 9th. Finally, Mizuho dropped their price target on shares of Post from $133.00 to $127.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 28th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $131.25.
Get Our Latest Stock Analysis on POST
Post Stock Performance
Shares of NYSE:POST traded down $1.24 during midday trading on Friday, reaching $106.72. 1,083,060 shares of the company's stock traded hands, compared to its average volume of 636,732. The company has a debt-to-equity ratio of 1.83, a quick ratio of 1.84 and a current ratio of 2.60. The company has a market cap of $5.95 billion, a price-to-earnings ratio of 18.15 and a beta of 0.49. The stock has a 50 day moving average of $108.48 and a 200 day moving average of $110.91. Post has a one year low of $101.05 and a one year high of $125.84.
Post (NYSE:POST - Get Free Report) last released its quarterly earnings data 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 net margin of 4.62% and a return on equity of 10.80%. The firm had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.95 billion. During the same period in the previous year, the company earned $1.54 earnings per share. The firm's quarterly revenue was up 1.9% on a year-over-year basis. As a group, equities research analysts anticipate that Post will post 6.41 EPS for the current fiscal year.
Insider Buying and Selling
In other Post news, Director William P. Stiritz acquired 186,740 shares of the stock in a transaction dated Thursday, June 5th. The shares were acquired at an average cost of $109.11 per share, for a total transaction of $20,375,201.40. Following the completion of the transaction, the director directly 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 ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Nicolas Catoggio sold 1,750 shares of the stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $108.97, for a total value of $190,697.50. Following the sale, the chief executive officer owned 43,751 shares of the company's stock, valued at $4,767,546.47. This represents a 3.85% decrease in their position. The disclosure for this sale can be found here. 11.40% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Post
Institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its position in shares of Post by 5.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 269,246 shares of the company's stock worth $30,818,000 after acquiring an additional 15,020 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Post by 49.9% in the fourth quarter. Russell Investments Group Ltd. now owns 19,347 shares of the company's stock worth $2,215,000 after buying an additional 6,442 shares in the last quarter. Advisory Services Network LLC boosted its stake in Post by 149.2% during the fourth quarter. Advisory Services Network LLC now owns 7,724 shares of the company's stock valued at $884,000 after buying an additional 4,624 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Post during the 4th quarter valued at approximately $36,751,000. Finally, Argent Trust Co grew its holdings in Post by 20.1% during the 4th quarter. Argent Trust Co now owns 4,038 shares of the company's stock valued at $462,000 after buying an additional 677 shares in the last quarter. 94.85% of the stock is owned by hedge funds and other institutional investors.
Post Company Profile
(
Get Free Report)
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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