The Post Holdings Inc. (POST) Given Average Rating of “Buy” by Analysts

The Post Holdings Inc. (POST) Given Average Rating of “Buy” by Analysts

Shares of Post Holdings Inc. (NYSE:POST) have received a consensus recommendation of “Buy” from the ten brokerages that are currently covering the firm. Two research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $85.33.

Several brokerages recently commented on POST. Zacks Investment Research lowered shares of Post Holdings from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 28th. BMO Capital Markets reissued an “outperform” rating and issued a $90.00 price target on shares of Post Holdings in a report on Wednesday, August 10th. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Post Holdings in a report on Friday, July 15th. Citigroup Inc. reissued an “overweight” rating on shares of Post Holdings in a report on Saturday, June 25th. Finally, Pivotal Research cut their price target on shares of Post Holdings from $105.00 to $90.00 and set a “buy” rating for the company in a report on Monday, July 25th.

Shares of Post Holdings (NYSE:POST) opened at 79.30 on Monday. Post Holdings has a 12-month low of $50.93 and a 12-month high of $89.00. The stock has a 50 day moving average of $80.87 and a 200 day moving average of $78.70. The company’s market cap is $5.13 billion.

Post Holdings (NYSE:POST) last posted its earnings results on Thursday, August 4th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.13. The firm earned $1.25 billion during the quarter, compared to analyst estimates of $1.26 billion. Post Holdings had a negative net margin of 0.76% and a positive return on equity of 5.44%. The business’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS. Equities research analysts predict that Post Holdings will post $2.46 earnings per share for the current fiscal year.

In other news, CEO Richard R. Koulouris sold 21,942 shares of the company’s stock in a transaction on Monday, August 22nd. The shares were sold at an average price of $85.33, for a total transaction of $1,872,310.86. Following the completion of the sale, the chief executive officer now owns 28,334 shares of the company’s stock, valued at $2,417,740.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.10% of the company’s stock.

Several large investors have recently added to or reduced their stakes in POST. Northwestern Mutual Investment Management Company LLC raised its stake in Post Holdings by 0.4% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 11,102 shares of the company’s stock worth $918,000 after buying an additional 44 shares during the last quarter. Hanseatic Management Services Inc. boosted its position in shares of Post Holdings by 0.8% in the second quarter. Hanseatic Management Services Inc. now owns 12,964 shares of the company’s stock valued at $1,072,000 after buying an additional 98 shares during the last quarter. State Treasurer State of Michigan boosted its position in shares of Post Holdings by 0.8% in the second quarter. State Treasurer State of Michigan now owns 25,800 shares of the company’s stock valued at $2,133,000 after buying an additional 200 shares during the last quarter. Commerce Bank boosted its position in shares of Post Holdings by 0.3% in the second quarter. Commerce Bank now owns 62,597 shares of the company’s stock valued at $5,176,000 after buying an additional 200 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC boosted its position in shares of Post Holdings by 1.6% in the second quarter. SeaBridge Investment Advisors LLC now owns 15,941 shares of the company’s stock valued at $1,318,000 after buying an additional 248 shares during the last quarter.

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