Post (NYSE:POST) Upgraded to Overweight by Piper Jaffray Companies

Piper Jaffray Companies upgraded shares of Post (NYSE:POST) from a neutral rating to an overweight rating in a report published on Thursday morning, BenzingaRatingsTable reports. The firm currently has $130.00 price objective on the stock, up from their prior price objective of $106.00.

A number of other equities research analysts have also issued reports on the company. BMO Capital Markets lowered Iamgold from an outperform rating to a market perform rating in a research report on Monday, May 6th. Wells Fargo & Co restated a hold rating and issued a $11.00 price target on shares of Coty in a research report on Wednesday, May 8th. Goldman Sachs Group set a €75.30 ($87.56) price target on Stroeer SE & Co KGaA and gave the company a buy rating in a research report on Monday, May 6th. Pivotal Research restated a buy rating and issued a $125.00 price target on shares of Post in a research report on Friday, May 3rd. Finally, Evercore ISI assumed coverage on Mondelez International in a report on Tuesday, June 11th. They issued an outperform rating and a $62.00 price objective on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of Buy and a consensus target price of $120.45.

POST stock opened at $110.98 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.93 and a debt-to-equity ratio of 1.95. The firm has a 50 day moving average of $105.87. The stock has a market capitalization of $8.14 billion, a price-to-earnings ratio of 24.50, a PEG ratio of 3.20 and a beta of 0.28. Post has a 1 year low of $83.88 and a 1 year high of $113.73.



Post (NYSE:POST) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.13 by $0.15. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.42 billion. Post had a return on equity of 10.94% and a net margin of 4.15%. The business’s revenue was down 12.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.06 earnings per share. Equities research analysts forecast that Post will post 4.96 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. increased its position in shares of Post by 183.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 6,518 shares of the company’s stock valued at $581,000 after purchasing an additional 4,216 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Post by 0.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,439,308 shares of the company’s stock valued at $217,408,000 after purchasing an additional 11,684 shares during the last quarter. Menta Capital LLC purchased a new stake in shares of Post during the 4th quarter valued at $216,000. Mackay Shields LLC increased its position in shares of Post by 58.2% during the 4th quarter. Mackay Shields LLC now owns 16,510 shares of the company’s stock valued at $1,472,000 after purchasing an additional 6,071 shares during the last quarter. Finally, Gotham Asset Management LLC increased its position in shares of Post by 5,113.8% during the 4th quarter. Gotham Asset Management LLC now owns 199,532 shares of the company’s stock valued at $17,784,000 after purchasing an additional 195,705 shares during the last quarter. Hedge funds and other institutional investors own 91.46% of the company’s stock.

About Post

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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