Post (NYSE:POST) had its price objective raised by equities researchers at Wells Fargo & Co from $114.00 to $120.00 in a note issued to investors on Monday, February 4th, The Fly reports. The brokerage currently has an “outperform” rating on the stock. Wells Fargo & Co‘s target price would suggest a potential upside of 16.85% from the company’s current price.
Several other analysts also recently weighed in on POST. Zacks Investment Research downgraded shares of Post from a “hold” rating to a “sell” rating in a research note on Tuesday, January 1st. Citigroup set a $120.00 price objective on shares of Post and gave the company a “buy” rating in a report on Tuesday, November 20th. ValuEngine raised shares of Post from a “hold” rating to a “buy” rating in a report on Friday, November 16th. Barclays reissued a “buy” rating on shares of Post in a report on Tuesday, November 20th. Finally, Piper Jaffray Companies lowered shares of Post from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $115.00 to $109.00 in a report on Thursday, January 24th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Post has an average rating of “Buy” and a consensus price target of $113.75.
Shares of Post stock traded up $0.82 on Monday, hitting $102.70. 444,241 shares of the company traded hands, compared to its average volume of 757,658. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.93 and a current ratio of 1.56. Post has a 52 week low of $70.66 and a 52 week high of $104.41. The company has a market capitalization of $6.83 billion, a PE ratio of 25.17, a P/E/G ratio of 3.37 and a beta of 0.22.
Post (NYSE:POST) last posted its quarterly earnings results on Thursday, January 31st. The company reported $1.11 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.11. Post had a net margin of 4.78% and a return on equity of 10.53%. The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.39 billion. On average, analysts forecast that Post will post 5 earnings per share for the current year.
In related news, Director William P. Stiritz acquired 134,059 shares of the stock in a transaction dated Wednesday, February 6th. The stock was acquired at an average cost of $96.71 per share, for a total transaction of $12,964,845.89. Following the completion of the purchase, the director now owns 2,659,862 shares of the company’s stock, valued at approximately $257,235,254.02. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Edwin H. Callison acquired 280 shares of the stock in a transaction dated Monday, February 11th. The shares were bought at an average price of $100.56 per share, with a total value of $28,156.80. Following the completion of the purchase, the director now directly owns 8,700 shares of the company’s stock, valued at approximately $874,872. The disclosure for this purchase can be found here. Insiders acquired 170,094 shares of company stock worth $16,488,054 over the last ninety days. Corporate insiders own 8.10% of the company’s stock.
Several large investors have recently bought and sold shares of POST. Oregon Public Employees Retirement Fund lifted its position in Post by 8,813.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,290,017 shares of the company’s stock valued at $26,000 after purchasing an additional 2,264,324 shares during the period. JOYN Advisors Inc. lifted its position in Post by 93.4% during the fourth quarter. JOYN Advisors Inc. now owns 468 shares of the company’s stock valued at $42,000 after purchasing an additional 226 shares during the period. Doyle Wealth Management acquired a new position in Post during the fourth quarter valued at $74,000. Harvest Fund Management Co. Ltd acquired a new position in Post during the third quarter valued at $106,000. Finally, Meeder Asset Management Inc. lifted its position in Post by 331.9% during the fourth quarter. Meeder Asset Management Inc. now owns 1,287 shares of the company’s stock valued at $115,000 after purchasing an additional 989 shares during the period.
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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