Post (NYSE:POST) Cut to Hold at ValuEngine

ValuEngine lowered shares of Post (NYSE:POST) from a buy rating to a hold rating in a research note released on Thursday morning, ValuEngine reports.

POST has been the topic of several other reports. Piper Jaffray Companies cut shares of Post from an overweight rating to a neutral rating in a research report on Friday, July 19th. BMO Capital Markets boosted their price target on shares of Post from $106.00 to $115.00 and gave the stock an outperform rating in a research report on Monday, May 6th. Zacks Investment Research cut shares of Post from a hold rating to a sell rating in a research report on Thursday, July 4th. Evercore ISI started coverage on shares of Post in a research report on Tuesday, June 11th. They issued an outperform rating and a $125.00 price target on the stock. Finally, Wells Fargo & Co reiterated a buy rating on shares of Post in a research report on Wednesday, May 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $120.45.

POST stock traded down $4.20 during trading on Thursday, hitting $102.56. The company had a trading volume of 1,485,327 shares, compared to its average volume of 482,497. The company has a market capitalization of $7.83 billion, a price-to-earnings ratio of 25.14, a price-to-earnings-growth ratio of 3.12 and a beta of 0.24. The firm has a 50 day moving average price of $107.06. Post has a fifty-two week low of $83.88 and a fifty-two week high of $113.73. The company has a quick ratio of 1.08, a current ratio of 1.93 and a debt-to-equity ratio of 1.95.

Post (NYSE:POST) last posted its quarterly earnings data on Thursday, August 1st. The company reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.24 by ($0.05). The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.46 billion. Post had a return on equity of 11.20% and a net margin of 2.90%. The business’s revenue for the quarter was down 10.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.06 EPS. As a group, equities analysts predict that Post will post 4.88 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Louisiana State Employees Retirement System raised its holdings in Post by 0.6% during the 1st quarter. Louisiana State Employees Retirement System now owns 17,800 shares of the company’s stock worth $1,947,000 after buying an additional 100 shares during the period. Nisa Investment Advisors LLC raised its holdings in Post by 0.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 19,700 shares of the company’s stock worth $2,155,000 after buying an additional 100 shares during the period. 6 Meridian raised its holdings in Post by 2.2% during the 2nd quarter. 6 Meridian now owns 4,848 shares of the company’s stock worth $504,000 after buying an additional 104 shares during the period. Crossmark Global Holdings Inc. raised its holdings in Post by 1.4% during the 1st quarter. Crossmark Global Holdings Inc. now owns 7,961 shares of the company’s stock worth $871,000 after buying an additional 110 shares during the period. Finally, Raymond James Trust N.A. raised its holdings in Post by 4.5% during the 2nd quarter. Raymond James Trust N.A. now owns 2,588 shares of the company’s stock worth $269,000 after buying an additional 111 shares during the period. Hedge funds and other institutional investors own 91.42% 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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Analyst Recommendations for Post (NYSE:POST)

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