Brokerages expect that Post Holdings, Inc. (NYSE:POST) will announce sales of $1.67 billion for the current quarter, Zacks reports. Three analysts have issued estimates for Post’s earnings, with estimates ranging from $1.65 billion to $1.68 billion. Post posted sales of $1.46 billion during the same quarter last year, which would indicate a positive year over year growth rate of 14.4%. The company is scheduled to report its next earnings report on Thursday, February 3rd.
On average, analysts expect that Post will report full year sales of $6.71 billion for the current financial year, with estimates ranging from $6.44 billion to $6.87 billion. For the next fiscal year, analysts expect that the business will report sales of $6.94 billion, with estimates ranging from $6.63 billion to $7.10 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that follow Post.
Post (NYSE:POST) last released its quarterly earnings data on Thursday, November 18th. The company reported $0.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.50). Post had a net margin of 3.26% and a return on equity of 5.84%. The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter in the prior year, the firm earned $0.58 earnings per share. Post’s revenue for the quarter was up 20.1% on a year-over-year basis.
Shares of NYSE:POST traded down $0.08 on Thursday, hitting $103.69. The company had a trading volume of 307,668 shares, compared to its average volume of 382,054. Post has a 1-year low of $90.87 and a 1-year high of $117.91. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 37.30 and a beta of 0.72. The stock has a 50 day moving average price of $106.03 and a 200 day moving average price of $108.97. The company has a current ratio of 2.26, a quick ratio of 1.54 and a debt-to-equity ratio of 2.45.
In related news, Director Thomas C. Erb bought 2,000 shares of the company’s stock in a transaction dated Monday, November 22nd. The stock was purchased at an average price of $103.64 per share, with a total value of $207,280.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 9.70% of the company’s stock.
Hedge funds have recently bought and sold shares of the company. Clearstead Advisors LLC bought a new position in shares of Post in the third quarter worth about $35,000. FORA Capital LLC bought a new position in Post in the 1st quarter valued at approximately $37,000. Eaton Vance Management bought a new position in Post in the 1st quarter valued at approximately $60,000. PNC Managed Account Solutions Inc. bought a new position in Post in the 2nd quarter valued at approximately $63,000. Finally, Rockefeller Capital Management L.P. raised its holdings in Post by 329.3% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 717 shares of the company’s stock valued at $77,000 after buying an additional 550 shares during the last quarter. 92.20% of the stock is owned by hedge funds and other institutional investors.
Post Company Profile
Post Holdings, Inc is a consumer packaged goods holding company, which engages in operating of center-of-the-store, refrigerated, foodservice, food ingredient, active nutrition, and private brand food categories. It operates through the following segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands.
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