Post (POST) – Weekly analyst ratings updates
A number of research firms have changed their ratings and price targets to Job (NYSE:POST):
- 05/24/2022 – The release was upgraded by analysts at Zacks Investment Research from a ‘strong sell’ rating to a ‘hold’ rating. They now have a price target of $83.00 on the stock. According to Zacks, “Although Post Holdings has lagged the industry over the past three months, we expect the trend to reverse in the near term. The company is benefiting from cautious acquisitions, which have continued in the second quarter of fiscal 2022. Revenue included $102.1 million of net sales from buybacks.Recovery in volume demand in the Foodservice unit is also contributing to the increase.Management noted that volumes for some channels and product categories in the foodservice industry have almost fully recovered to pre-pandemic levels.However, the company is facing supply chain issues due to labor shortages labor, input and freight inflation and other supply chain impediments Post Holdings’ fiscal gross margin in the second quarter was impacted by higher raw material costs. sources, freight and manufacturing. The company is also struggling with escalating SG&A spending. »
- 05/09/2022 – The release is now covered by analysts at Citigroup Inc. They have set a “buy” rating and a price target of $92.00 for the stock.
- 5/9/2022 – Post has had its price target raised by analysts at Piper Sandler from $84.00 to $96.00.
- 06/05/2022 – Post has been upgraded by TheStreet analysts from a ‘c’ rating to a ‘b’ rating.
- 04/01/2022 – Post has had its price target lowered by Piper Sandler analysts from $129.00 to $75.00. They now have an “overweight” rating on the stock.
- 03/31/2022 – The release is now covered by StockNews.com analysts. They have placed a “holding” rating on the stock.
Shares of NYSE:POST traded at $1.45 during Friday’s trading, hitting $82.98. The stock had a trading volume of 440,845 shares, compared to an average volume of 664,552. The company has a quick ratio of 1.95, a current ratio of 2.60 and a leverage ratio of 1.75. . Post Holdings, Inc. has a 12-month low of $62.83 and a 12-month high of $82.99. The company has a market capitalization of $5.04 billion, a PE ratio of 10.93 and a beta of 0.66. The company’s fifty-day moving average is $74.42 and its 200-day moving average is $93.81.
Post (NYSE:POST – Get Rating) last released its quarterly results on Thursday, May 5. The company reported earnings per share of $0.24 for the quarter, missing the consensus estimate of $0.29 per ($0.05). Post had a return on equity of 4.19% and a net margin of 7.54%. The company posted revenue of $1.41 billion in the quarter, versus $1.36 billion expected by analysts. In the same period a year earlier, the company earned earnings per share of $0.29. Post office revenue for the quarter increased 17.3% year-on-year. Equity research analysts expect Post Holdings, Inc. to post EPS of 1.85 for the current fiscal year.
Separately, director Gregory L. Curl sold 4,000 shares of the company in a transaction dated Tuesday, May 17. The shares were sold at an average price of $82.11, for a total transaction of $328,440.00. Following the sale, the director now owns 15,907 shares of the company, valued at approximately $1,306,123.77. The sale was disclosed in a legal filing with the SEC, accessible via this hyperlink. Additionally, director Robert E. Grote sold 5,000 shares of the company in a trade dated Friday, May 13. The shares were sold at an average price of $78.91, for a total transaction of $394,550.00. Following the sale, the administrator now directly owns 8,987 shares of the company, valued at approximately $709,164.17. The disclosure of this sale can be found here. Insiders sold a total of 9,250 shares of the company worth $743,390 in the past three months. 9.70% of the shares are currently held by insiders.
Major investors have recently changed their stake in the company. Citigroup Inc. increased its stake in Post by 387.4% during the 4th quarter. Citigroup Inc. now owns 74,780 shares of the company worth $8,430,000 after acquiring an additional 59,437 shares during the period. Thompson Siegel & Walmsley LLC increased its stake in Post by 8.3% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 1,454,057 shares of the company worth $163,916,000 after acquiring an additional 111,209 shares during the period. CWM LLC purchased a new stake in Post during Q4 for a value of approximately $137,000. PYA Waltman Capital LLC increased its stake in Post by 5.2% during the third quarter. PYA Waltman Capital LLC now owns 157,978 shares of the company worth $17,403,000 after acquiring an additional 7,788 shares during the period. Finally, Illinois Municipal Retirement Fund increased its stake in Post by 27.6% during the 4th quarter. The Illinois Municipal Retirement Fund now owns 15,471 shares of the company worth $1,744,000 after acquiring 3,350 additional shares during the period. Hedge funds and other institutional investors hold 90.62% of the company’s shares.
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) cereals and hot cereals.
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