Post Holdings Inc (NYSE:POST) – Analysts at SunTrust Banks reduced their FY2019 EPS estimates for shares of Post in a research note issued to investors on Monday, November 11th, Zacks Investment Research reports. SunTrust Banks analyst W. Chappell now expects that the company will earn $4.54 per share for the year, down from their previous forecast of $4.63. SunTrust Banks also issued estimates for Post’s Q4 2019 earnings at $0.95 EPS, Q1 2020 earnings at $1.02 EPS, Q4 2020 earnings at $1.28 EPS and FY2021 earnings at $5.57 EPS.
Several other analysts also recently commented on the stock. Goldman Sachs Group reissued a “neutral” rating and set a $116.00 price objective on shares of Post in a research report on Monday, November 11th. Zacks Investment Research downgraded shares of Post from a “hold” rating to a “sell” rating in a research report on Tuesday, November 12th. Stifel Nicolaus increased their price objective on shares of Post from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, November 11th. Finally, BMO Capital Markets reissued a “market perform” rating on shares of Post in a research report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $120.78.
Shares of Post stock traded up $2.24 during trading on Tuesday, hitting $107.27. The company’s stock had a trading volume of 564,016 shares, compared to its average volume of 588,492. Post has a 52 week low of $83.88 and a 52 week high of $113.73. The company has a fifty day simple moving average of $103.79 and a two-hundred day simple moving average of $104.24. The company has a market capitalization of $7.47 billion, a PE ratio of 21.85, a P/E/G ratio of 2.97 and a beta of 0.28. The company has a debt-to-equity ratio of 2.41, a quick ratio of 1.93 and a current ratio of 2.65.
Post (NYSE:POST) last issued its quarterly earnings results on Thursday, November 21st. The company reported $1.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.07 by $0.32. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.41 billion. Post had a net margin of 2.19% and a return on equity of 11.90%. Post’s quarterly revenue was down 11.5% compared to the same quarter last year. During the same period last year, the business earned $1.08 EPS.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC boosted its holdings 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 acquiring an additional 133 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Post in the third quarter worth approximately $34,000. Usca Ria LLC purchased a new position in shares of Post in the third quarter worth approximately $38,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Post in the second quarter worth approximately $38,000. Finally, Prime Capital Investment Advisors LLC purchased a new position in shares of Post in the third quarter worth approximately $41,000. 88.54% of the stock is currently owned by hedge funds and other institutional investors.
In other news, CEO Robert V. Vitale sold 14,261 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $106.00, for a total transaction of $1,511,666.00. Following the sale, the chief executive officer now owns 317,683 shares of the company’s stock, valued at approximately $33,674,398. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 8.10% of the company’s stock.
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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