The stock of Post Holdings Inc. (NYSE:POST) last traded at $90.69, down -0.30% from the previous session.
Data from the available sources indicates that Post Holdings Inc. (NYSE:POST) is covered by 9 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $115.00 and a low of $70.00, we find $102.00. Given the previous closing price of $90.96, this indicates a potential upside of 12.14 percent. POST stock price is now -1.00% away from the 50-day moving average and 6.63% away from the 200-day moving average. The market capitalization of the company currently stands at $5.34B.
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In total, 2 analysts have assigned it a hold rating, and 5 have given it a buy rating. Brokers who have rated the stock have averaged $99.75 as their price target over the next twelve months.
On March 24, 2022, Truist Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $120 to quote $70, while ‘Goldman’ rates the stock as ‘Buy’.
In other news, GRAY DIEDRE J, EVP, GC & CAO, SECY sold 10,000 shares of the company’s stock on Dec 05. The stock was sold for $943,892 at an average price of $94.39. Upon completion of the transaction, the EVP, GC & CAO, SECY now directly owns 69,467 shares in the company, valued at $6.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 23, SVP, CHIEF ACCTING OFFICER HARPER BRADLY A sold 2,000 shares of the business’s stock. A total of $188,524 was realized by selling the stock at an average price of $94.26. This leaves the insider owning 7,219 shares of the company worth $0.65 million. Insiders disposed of 314,499 shares of company stock worth roughly $28.52 million over the past 1 year. A total of 1.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in POST stock. A new stake in Post Holdings Inc. shares was purchased by T. ROWE PRICE INVESTMENT MANAGEMENT, INC. during the first quarter worth $202,956,000. CANDLESTICK CAPITAL MANAGEMENT LP invested $37,636,000 in shares of POST during the first quarter. In the first quarter, CITADEL ADVISORS LLC acquired a new stake in Post Holdings Inc. valued at approximately $11,378,000. WEISS MULTI-STRATEGY ADVISERS LLC acquired a new stake in POST for approximately $7,638,000. LANDSCAPE CAPITAL MANAGEMENT, L.L.C. purchased a new stake in POST valued at around $6,896,000 in the second quarter. In total, there are 429 active investors with 93.70% ownership of the company’s stock.
With an opening price of $90.88 on Friday morning, Post Holdings Inc. (NYSE: POST) set off the trading day. During the past 12 months, Post Holdings Inc. has had a low of $61.67 and a high of $96.36. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.70, and a quick ratio of 2.00. The fifty day moving average price for POST is $91.66 and a two-hundred day moving average price translates $85.14 for the stock.
The latest earnings results from Post Holdings Inc. (NYSE: POST) was released for Jun, 2022. According to the Packaged Foods Company, earnings per share came in at $0.69, beating analysts’ expectations of $0.54 by 0.15. This compares to $0.58 EPS in the same period last year. The net profit margin was 12.90% and return on equity was 23.80% for POST. The company reported revenue of $1.27 billion for the quarter, compared to $1.07 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 18.55 percent. For the current quarter, analysts expect POST to generate $1.55B in revenue.
Post Holdings Inc.(POST) Company Profile
Post Holdings, Inc. operates as a consumer packaged goods holding company in the United States and internationally. It operates through five segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products. It serves grocery stores, mass merchandise customers, supercenters, club stores, natural/specialty stores, and drug store customers, as well as sells its products in the military, ecommerce, and foodservice channels. The Weetabix segment primarily markets and distributes branded and private label RTE cereal, hot cereals and other cereal-based food products, breakfast drinks, and muesli. This segment sells its products to grocery stores, discounters, wholesalers, and convenience stores, as well as through ecommerce. The Foodservice segment produces and distributes egg and potato products in the foodservice and food ingredient channels. It serves foodservice distributors and national restaurant chains. The Refrigerated Retail segment produces and distributes side dishes, eggs and egg products, sausages, cheese, and other dairy and refrigerated products for grocery stores and mass merchandise customers. The BellRing Brands segment markets and distributes ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and supplements. It serves club stores, food, drug and mass customers, and online retailers, as well as specialty retailers, convenience stores, and distributors. Post Holdings, Inc. was founded in 1895 and is headquartered in Saint Louis, Missouri.