Post (NYSE:POST) Announces Earnings Results

Post (NYSE:POST) released its earnings results on Thursday. The company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.25, reports. Post had a return on equity of 9.87% and a net margin of 4.31%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion.

Post Trading Down 1.4 %

NYSE:POST opened at $84.22 on Friday. The company has a market capitalization of $5.16 billion, a PE ratio of 17.44 and a beta of 0.65. The company has a quick ratio of 1.08, a current ratio of 2.06 and a debt-to-equity ratio of 1.56. Post has a 52-week low of $78.85 and a 52-week high of $98.84. The stock has a fifty day simple moving average of $84.20 and a 200-day simple moving average of $86.16.

Insider Transactions at Post

In related news, Director Ellen F. Harshman sold 500 shares of the business’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $90.12, for a total value of $45,060.00. Following the completion of the transaction, the director now owns 9,772 shares of the company’s stock, valued at approximately $880,652.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 10.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. C M Bidwell & Associates Ltd. purchased a new stake in Post in the 3rd quarter valued at about $26,000. Mitsubishi UFJ Trust & Banking Corp purchased a new stake in Post in the 2nd quarter valued at about $34,000. Harbor Capital Advisors Inc. purchased a new stake in Post in the 2nd quarter valued at about $47,000. DekaBank Deutsche Girozentrale purchased a new stake in Post in the 1st quarter valued at about $56,000. Finally, Lazard Asset Management LLC purchased a new stake in Post in the 2nd quarter valued at about $61,000. Institutional investors and hedge funds own 91.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. StockNews.com assumed coverage on Post in a report on Thursday, October 5th. They issued a “hold” rating for the company. JPMorgan Chase & Co. assumed coverage on Post in a report on Friday, October 13th. They issued an “overweight” rating and a $100.00 target price for the company. Finally, Evercore ISI raised their target price on Post from $105.00 to $108.00 and gave the company an “outperform” rating in a report on Monday, August 7th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.57.

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) cereal, hot cereal, and peanut and nut butter.