Brokerages Expect Post Holdings Inc (NYSE:POST) to Announce $1.07 Earnings Per Share

Equities analysts expect Post Holdings Inc (NYSE:POST) to announce earnings of $1.07 per share for the current quarter, Zacks reports. Four analysts have provided estimates for Post’s earnings. The highest EPS estimate is $1.16 and the lowest is $0.95. Post posted earnings of $1.08 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 0.9%. The business is scheduled to announce its next quarterly earnings report after the market closes on Thursday, November 21st.

On average, analysts expect that Post will report full-year earnings of $4.65 per share for the current fiscal year, with EPS estimates ranging from $4.54 to $4.74. For the next fiscal year, analysts forecast that the business will report earnings of $5.32 per share, with EPS estimates ranging from $5.14 to $5.55. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that cover Post.

POST has been the subject of a number of research reports. Stifel Nicolaus upped their target price on shares of Post from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday. BMO Capital Markets restated a “market perform” rating on shares of Post in a research report on Monday. Piper Jaffray Companies lowered shares of Post from an “overweight” rating to a “neutral” rating in a research report on Friday, July 19th. Goldman Sachs Group restated a “neutral” rating and set a $116.00 target price on shares of Post in a research report on Monday. Finally, ValuEngine lowered shares of Post from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $120.70.

Shares of NYSE:POST traded down $1.20 during midday trading on Thursday, reaching $105.66. 546,300 shares of the company were exchanged, compared to its average volume of 583,075. The company has a current ratio of 2.02, a quick ratio of 1.23 and a debt-to-equity ratio of 1.97. The business’s fifty day moving average is $103.08 and its two-hundred day moving average is $104.68. Post has a one year low of $83.88 and a one year high of $113.73. The stock has a market cap of $7.79 billion, a PE ratio of 25.90, a price-to-earnings-growth ratio of 2.86 and a beta of 0.29.

In other Post news, insider Mark W. Westphal acquired 2,000 shares of the stock in a transaction on Thursday, August 29th. The stock was acquired at an average price of $98.13 per share, for a total transaction of $196,260.00. Following the completion of the transaction, the insider now directly owns 40,703 shares of the company’s stock, valued at $3,994,185.39. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 8.10% of the stock is owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC lifted its holdings in shares of Post by 100.0% in the 2nd quarter. Advisory Services Network LLC now owns 266 shares of the company’s stock worth $28,000 after acquiring an additional 133 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Post in the 3rd quarter worth about $34,000. Usca Ria LLC bought a new stake in shares of Post in the 3rd quarter worth about $38,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Post in the 2nd quarter worth about $38,000. Finally, Prime Capital Investment Advisors LLC bought a new stake in shares of Post in the 3rd quarter worth about $41,000. Hedge funds and other institutional investors own 90.16% 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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