Post Holdings, Inc. (NYSE:POST) Receives $127.50 Consensus Price Target from Analysts

Post Holdings, Inc. (NYSE:POST) has earned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $127.50.

POST has been the subject of several recent research reports. Piper Sandler upped their target price on shares of Post from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. Wells Fargo & Company increased their price target on shares of Post from $122.00 to $124.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 2nd.

Insiders Place Their Bets

In other news, SVP Bradly A. Harper sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $114.59, for a total value of $229,180.00. Following the completion of the transaction, the senior vice president now owns 8,741 shares in the company, valued at $1,001,631.19. This represents a 18.62 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David W. Kemper sold 8,939 shares of the firm’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $110.75, for a total transaction of $989,994.25. Following the sale, the director now owns 29,722 shares in the company, valued at approximately $3,291,711.50. The trade was a 23.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 36,096 shares of company stock worth $4,129,355 over the last ninety days. 11.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of POST. Exchange Traded Concepts LLC lifted its stake in Post by 7.3% in the 1st quarter. Exchange Traded Concepts LLC now owns 6,922 shares of the company’s stock valued at $805,000 after acquiring an additional 472 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of Post by 27.3% in the first quarter. Fifth Third Bancorp now owns 829 shares of the company’s stock valued at $96,000 after purchasing an additional 178 shares during the last quarter. Wedge Capital Management L L P NC lifted its position in shares of Post by 10.0% in the first quarter. Wedge Capital Management L L P NC now owns 289,530 shares of the company’s stock worth $33,690,000 after purchasing an additional 26,262 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in Post during the first quarter worth $204,000. Finally, Somerset Trust Co bought a new position in Post in the first quarter valued at $235,000. 94.85% of the stock is owned by institutional investors and hedge funds.

Post Stock Performance

Post stock opened at $115.01 on Thursday. Post has a 12-month low of $99.70 and a 12-month high of $125.84. The company has a quick ratio of 1.64, a current ratio of 2.39 and a debt-to-equity ratio of 1.78. The stock has a 50-day simple moving average of $114.11 and a 200 day simple moving average of $112.81. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of 18.95 and a beta of 0.52.

Post (NYSE:POST) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.24. Post had a return on equity of 10.48% and a net margin of 4.94%. On average, research analysts anticipate that Post will post 6.41 earnings per share for the current fiscal year.

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.