Post (NYSE:POST) was upgraded by Vertical Group from a “hold” rating to a “buy” rating in a report issued on Monday, February 5th.
Several other equities research analysts have also commented on the company. Pivotal Research restated a “buy” rating and set a $105.00 price target on shares of Post in a research note on Friday, February 2nd. Zacks Investment Research upgraded Post from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 25th. Citigroup set a $110.00 price target on Post and gave the stock a “buy” rating in a research note on Monday, November 20th. SunTrust Banks set a $105.00 price target on Post and gave the stock a “buy” rating in a research note on Thursday, November 16th. Finally, BMO Capital Markets restated a “buy” rating on shares of Post in a research note on Monday, November 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $100.13.
Post (NYSE POST) opened at $72.36 on Monday. The company has a market capitalization of $4,775.26, a price-to-earnings ratio of 24.61, a P/E/G ratio of 1.15 and a beta of -0.05. The company has a debt-to-equity ratio of 2.47, a current ratio of 4.05 and a quick ratio of 3.27. Post has a 12 month low of $71.06 and a 12 month high of $89.04.
Post (NYSE:POST) last announced its quarterly earnings results on Thursday, February 1st. The company reported $0.88 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.04). The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.42 billion. Post had a return on equity of 7.90% and a net margin of 4.54%. The business’s revenue was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.62 earnings per share. equities analysts predict that Post will post 4.52 EPS for the current fiscal year.
In related news, CEO Robert V. Vitale bought 2,720 shares of the stock in a transaction dated Tuesday, February 6th. The stock was acquired at an average price of $73.72 per share, for a total transaction of $200,518.40. Following the completion of the purchase, the chief executive officer now owns 268,058 shares in the company, valued at $19,761,235.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Jeff A. Zadoks purchased 1,353 shares of Post stock in a transaction that occurred on Tuesday, February 6th. The stock was acquired at an average cost of $73.30 per share, with a total value of $99,174.90. Following the acquisition, the chief financial officer now directly owns 7,668 shares of the company’s stock, valued at approximately $562,064.40. The disclosure for this purchase can be found here. In the last quarter, insiders bought 6,573 shares of company stock valued at $499,343. Insiders own 7.40% of the company’s stock.
Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. lifted its holdings in Post by 2.3% during the 4th quarter. BlackRock Inc. now owns 5,372,840 shares of the company’s stock worth $425,692,000 after buying an additional 118,404 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Post by 46.5% during the 4th quarter. Renaissance Technologies LLC now owns 2,312,200 shares of the company’s stock worth $183,196,000 after buying an additional 734,100 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Post by 3.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,273,861 shares of the company’s stock worth $200,704,000 after buying an additional 78,669 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Post by 23.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,027,185 shares of the company’s stock worth $176,447,000 after buying an additional 380,818 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in Post by 30.3% during the 3rd quarter. Victory Capital Management Inc. now owns 1,974,396 shares of the company’s stock worth $174,280,000 after buying an additional 458,900 shares during the last quarter.
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Post Company Profile
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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