$1.26 EPS Expected for Post Holdings Inc (NYSE:POST) This Quarter

Equities analysts forecast that Post Holdings Inc (NYSE:POST) will report earnings per share of $1.26 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Post’s earnings, with the lowest EPS estimate coming in at $1.13 and the highest estimate coming in at $1.34. Post posted earnings per share of $1.06 during the same quarter last year, which would suggest a positive year over year growth rate of 18.9%. The company is scheduled to report its next quarterly earnings results on Thursday, August 1st.

According to Zacks, analysts expect that Post will report full year earnings of $4.96 per share for the current financial year, with EPS estimates ranging from $4.69 to $5.08. For the next fiscal year, analysts expect that the firm will post earnings of $5.68 per share, with EPS estimates ranging from $5.17 to $5.98. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Post.

Post (NYSE:POST) last announced its earnings results on Thursday, May 2nd. The company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.15. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.42 billion. Post had a return on equity of 10.94% and a net margin of 4.15%. The firm’s revenue for the quarter was down 12.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.06 earnings per share.

A number of equities analysts recently commented on the company. Evercore ISI assumed coverage on Post in a report on Tuesday, June 11th. They set an “outperform” rating and a $125.00 target price for the company. Wells Fargo & Co restated a “buy” rating on shares of Post in a report on Wednesday, May 8th. Zacks Investment Research downgraded Post from a “hold” rating to a “sell” rating in a report on Tuesday, May 7th. BMO Capital Markets upped their target price on Post from $106.00 to $115.00 and gave the company an “outperform” rating in a report on Monday, May 6th. Finally, Goldman Sachs Group upgraded Post from a “neutral” rating to a “buy” rating and upped their target price for the company from $107.00 to $134.00 in a report on Monday, May 6th. One research analyst has rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $118.55.

Shares of Post stock traded up $1.19 during midday trading on Friday, reaching $103.97. 643,756 shares of the company’s stock traded hands, compared to its average volume of 520,218. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.08 and a current ratio of 1.93. The company has a market capitalization of $7.62 billion, a P/E ratio of 25.48, a PEG ratio of 3.00 and a beta of 0.32. The company’s 50 day moving average is $106.01. Post has a 12 month low of $83.88 and a 12 month high of $113.73.

Institutional investors and hedge funds have recently bought and sold shares of the business. Oregon Public Employees Retirement Fund raised its holdings in Post by 8,813.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,290,017 shares of the company’s stock worth $26,000 after purchasing an additional 2,264,324 shares in the last quarter. JOYN Advisors Inc. raised its holdings in Post by 93.4% in the fourth quarter. JOYN Advisors Inc. now owns 468 shares of the company’s stock worth $42,000 after purchasing an additional 226 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Post by 2,145.0% in the first quarter. Quadrant Capital Group LLC now owns 449 shares of the company’s stock worth $48,000 after purchasing an additional 429 shares in the last quarter. Doyle Wealth Management bought a new position in Post in the fourth quarter worth $74,000. Finally, Marshall Wace North America L.P. bought a new position in Post in the first quarter worth $88,000. Institutional investors and hedge funds own 91.46% of the company’s stock.

Post Company Profile

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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