Post Holdings, Inc. operates as a consumer packaged goods holding company in the United States and internationally. It operates through five segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products. It serves grocery stores, mass merchandise customers, supercenters, club stores, natural/specialty stores, and drug store customers, as well as sells its products in the military, ecommerce, and foodservice channels. The Weetabix segment primarily markets and distributes branded and private label RTE cereal, hot cereals and other cereal-based food products, breakfast drinks, and muesli. This segment sells its products to grocery stores, discounters, wholesalers, and convenience stores, as well as through ecommerce. The Foodservice segment produces and distributes egg and potato products in the foodservice and food ingredient channels. It serves foodservice distributors and national restaurant chains. The Refrigerated Retail segment produces and distributes side dishes, eggs and egg products, sausages, cheese, and other dairy and refrigerated products for grocery stores and mass merchandise customers. The BellRing Brands segment markets and distributes ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and supplements. It serves club stores, food, drug and mass customers, and online retailers, as well as specialty retailers, convenience stores, and distributors. Post Holdings, Inc. was founded in 1895 and is headquartered in Saint Louis, Missouri.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the stock. Citigroup assumed coverage on shares of Post in a research note on Monday, May 9th. They issued a "buy" rating and a $92.00 price objective for the company. Piper Sandler increased their price objective on shares of Post from $84.00 to $96.00 in a research note on Monday, May 9th. Finally, TheStreet upgraded shares of Post from a "c" rating to a "b" rating in a research note on Friday, May 6th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $85.75.
Post Price Performance
Shares of POST traded up $2.39 during trading hours on Friday, hitting $90.04. The stock had a trading volume of 398,360 shares, compared to its average volume of 304,627. The company's fifty day moving average is $82.43 and its two-hundred day moving average is $84.95. The company has a debt-to-equity ratio of 1.75, a current ratio of 2.60 and a quick ratio of 1.95. Post has a 52 week low of $62.83 and a 52 week high of $90.67. The stock has a market capitalization of $5.47 billion, a price-to-earnings ratio of 8.00 and a beta of 0.61.
Post (NYSE:POST - Get Rating) last posted its earnings results on Thursday, August 4th. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.11. Post had a net margin of 11.20% and a return on equity of 3.54%. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The firm's quarterly revenue was down 5.6% compared to the same quarter last year. On average, analysts anticipate that Post will post 1.37 EPS for the current year.
Insiders Place Their Bets
In other Post news, Director Gregory L. Curl sold 4,000 shares of the stock in a transaction dated Tuesday, May 17th. The shares were sold at an average price of $82.11, for a total transaction of $328,440.00. Following the sale, the director now owns 15,907 shares of the company's stock, valued at approximately $1,306,123.77. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director Thomas C. Erb acquired 12,400 shares of the firm's stock in a transaction on Tuesday, May 10th. The shares were purchased at an average price of $81.26 per share, with a total value of $1,007,624.00. Following the acquisition, the director now directly owns 22,075 shares in the company, valued at $1,793,814.50. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Gregory L. Curl sold 4,000 shares of the stock in a transaction dated Tuesday, May 17th. The stock was sold at an average price of $82.11, for a total transaction of $328,440.00. Following the sale, the director now directly owns 15,907 shares in the company, valued at approximately $1,306,123.77. The disclosure for this sale can be found here. Insiders have sold a total of 9,250 shares of company stock valued at $743,390 in the last 90 days. 9.70% of the stock is currently owned by insiders.
