Post Holdings, Inc. (NYSE:POST) Receives $123.57 Average PT from Analysts

Post Holdings, Inc. (NYSE:POST) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $122.83.

Several research analysts recently commented on the stock. Wells Fargo & Company reduced their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating for the company in a report on Tuesday, November 19th. Evercore ISI increased their price objective on shares of Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Finally, Piper Sandler lowered their target price on Post from $140.00 to $120.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th.

Post Price Performance

POST stock opened at $112.57 on Friday. The stock has a market cap of $6.55 billion, a PE ratio of 19.96 and a beta of 0.65. The stock has a 50-day moving average price of $111.94 and a two-hundred day moving average price of $112.77. Post has a 1 year low of $99.62 and a 1 year high of $125.84. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66.

Post (NYSE:POST) last announced its earnings results on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.24. Post had a return on equity of 10.49% and a net margin of 4.63%. Equities analysts forecast that Post will post 6.3 EPS for the current fiscal year.

Insider Transactions at Post

In related news, SVP Bradly A. Harper sold 1,000 shares of Post stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $120.09, for a total transaction of $120,090.00. Following the completion of the transaction, the senior vice president now owns 11,220 shares in the company, valued at approximately $1,347,409.80. This trade represents a 8.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Nicolas Catoggio sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $121.14, for a total value of $726,840.00. Following the completion of the sale, the chief executive officer now owns 70,501 shares in the company, valued at $8,540,491.14. This represents a 7.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 35,969 shares of company stock worth $4,322,051 in the last ninety days. Insiders own 11.40% of the company’s stock.

Hedge Funds Weigh In On Post

Several institutional investors and hedge funds have recently modified their holdings of the stock. Holocene Advisors LP boosted its holdings in shares of Post by 21.0% during the 3rd quarter. Holocene Advisors LP now owns 1,405,298 shares of the company’s stock worth $162,663,000 after buying an additional 244,221 shares during the period. Hennessy Advisors Inc. acquired a new stake in Post during the fourth quarter worth approximately $56,864,000. Raymond James Financial Inc. acquired a new position in shares of Post in the fourth quarter valued at approximately $36,751,000. Charles Schwab Investment Management Inc. increased its stake in shares of Post by 0.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 320,585 shares of the company’s stock worth $36,694,000 after purchasing an additional 964 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in Post by 4.8% during the 4th quarter. Victory Capital Management Inc. now owns 237,279 shares of the company’s stock worth $27,159,000 after purchasing an additional 10,767 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

About Post

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. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.