Wall Street analysts expect Post Holdings Inc (NYSE:POST) to post $1.45 billion in sales for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Post’s earnings, with the highest sales estimate coming in at $1.48 billion and the lowest estimate coming in at $1.43 billion. Post posted sales of $1.63 billion in the same quarter last year, which suggests a negative year-over-year growth rate of 11%. The firm is expected to announce its next earnings report on Thursday, November 21st.
On average, analysts expect that Post will report full year sales of $5.69 billion for the current year, with estimates ranging from $5.67 billion to $5.75 billion. For the next financial year, analysts expect that the company will report sales of $6.04 billion, with estimates ranging from $5.88 billion to $6.15 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Post.
Post (NYSE:POST) last issued its earnings results on Thursday, August 1st. The company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.05). Post had a return on equity of 11.15% and a net margin of 2.90%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the prior year, the business earned $1.06 earnings per share. Post’s revenue for the quarter was down 10.5% on a year-over-year basis.
A number of equities analysts recently issued reports on POST shares. Piper Jaffray Companies cut Post from an “overweight” rating to a “neutral” rating in a report on Friday, July 19th. Goldman Sachs Group upgraded Post from a “neutral” rating to a “buy” rating and raised their price objective for the company from $107.00 to $134.00 in a research note on Monday, May 6th. BMO Capital Markets raised their price objective on Post from $106.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. Zacks Investment Research cut Post from a “hold” rating to a “sell” rating in a research note on Thursday, July 4th. Finally, Wells Fargo & Co restated a “buy” rating on shares of Post in a research note on Wednesday, May 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $122.00.
A number of large investors have recently modified their holdings of the business. Advisory Services Network LLC increased its position in shares of Post by 100.0% during the 2nd quarter. Advisory Services Network LLC now owns 266 shares of the company’s stock valued at $28,000 after purchasing an additional 133 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in shares of Post during the 2nd quarter valued at $38,000. Quadrant Capital Group LLC increased its position in shares of Post by 2,145.0% during the 1st quarter. Quadrant Capital Group LLC now owns 449 shares of the company’s stock valued at $48,000 after purchasing an additional 429 shares during the last quarter. Nomura Asset Management Co. Ltd. purchased a new stake in shares of Post during the 2nd quarter valued at $50,000. Finally, NEXT Financial Group Inc purchased a new stake in shares of Post during the 2nd quarter valued at $65,000. Institutional investors and hedge funds own 91.54% of the company’s stock.
Shares of POST traded up $1.75 during trading hours on Friday, reaching $97.53. The stock had a trading volume of 523,000 shares, compared to its average volume of 678,858. Post has a 12 month low of $83.88 and a 12 month high of $113.73. The firm has a 50-day simple moving average of $105.50 and a 200 day simple moving average of $105.41. The company has a current ratio of 2.02, a quick ratio of 1.23 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $7.13 billion, a price-to-earnings ratio of 23.90, a P/E/G ratio of 2.85 and a beta of 0.24.
Post Company Profile
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.
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