According to Stock Target Advisor Ratings, Post Holdings, Inc. (POST:NYE) currently has an average rating of “Strong Buy” from eight analysts covering the firm. The average 1-year target price among brokers who have issued a report on the POST stock in the last year is $102.86.
POST Stock-Analyst Ratings:
Several equity research analysts have recently released reports on POST stock. On May 2nd, Barclays initiated coverage on Post with an “overweight” rating.
Truist Financial raised its price target on Post from $70.00 to $85.00 and gave it a “hold” rating in a research note on February 6th.
UBS Group upgraded its rating on Post from “sell” to “neutral” on February 9th.
Finally, Stifel Nicolaus initiated coverage on POST stock on April 13th and gave it a “buy” rating with a $106.00 price target.
Insider Transactions:
In terms of insider activity, Director David P. Skarie sold 2,500 shares of Post’s stock in a transaction on March 7th, at an average price of $89.74 per share, for a total transaction of $224,350. Following the sale, Skarie holds 42,518 shares in the company, valued at $3,815,565.32. This sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders hold 9.60% of the POST stock.
Hedge Funds & Institutional Holdings:
Several large investors have also recently bought and sold shares of Post. Standard Family Office LLC purchased a new position in Post shares in the third quarter of 2022 valued at $25,000.
Quadrant Capital Group LLC raised its stake in Post shares by 48.8% in the same quarter. Bessemer Group Inc. raised its stake in Post shares by 1,015.0% in the third quarter and Machina Capital S.A.S. purchased a new position in Post shares in the first quarter valued at $45,000. Finally, Ellevest Inc. raised its stake in Post shares by 136.9% in the third quarter. Hedge funds and other institutional investors hold 91.40% of the firm’s stock.
POST Stock Price Analysis:
On Friday, May 12th, Post opened at $89.92 on the NYSE. The firm has a debt-to-equity ratio of 1.68, a quick ratio of 1.97, and a current ratio of 2.73. Its 52-week low is $74.09 and its 52-week high is $98.84. The stock has a market capitalization of $5.73 billion, a P/E ratio of 13.88, and a beta of 0.69. Its 50-day moving average price is $88.93 and its 200-day moving average price is $90.55.
Quarterly Earnings Review:
On May 4th, Post released its quarterly earnings results, reporting $1.10 EPS for the quarter, beating the consensus estimate of $0.68 by $0.42. Post had a net margin of 6.36% and a return on equity of 7.05%. The company had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.57 billion. In the same quarter of the previous year, the firm posted $0.24 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year. Analysts predict that Post will post 3.7 EPS for the current year.
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.
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. Post Holdings, Inc. was founded in 1895 and is headquartered in Saint Louis, Missouri.
