Analysts’ Weekly Ratings Changes for Post (POST)

A number of firms have modified their ratings and price targets on shares of Post (NYSE: POST) recently:

  • 5/6/2019 – Post had its price target raised by analysts at BMO Capital Markets from $106.00 to $115.00. They now have an “outperform” rating on the stock.
  • 5/6/2019 – Post was upgraded by analysts at Goldman Sachs Group Inc from a “neutral” rating to a “buy” rating. They now have a $134.00 price target on the stock, up previously from $107.00.
  • 5/3/2019 – Post had its “buy” rating reaffirmed by analysts at Pivotal Research. They now have a $125.00 price target on the stock. They wrote, “We assume the business had no EBITDA and POST paid about $100 million with $25 mm of integration costs of TSAs and other, offset to a degree by the NPV of tax savings on the asset step-up. POST said it could generate EBITDA margins similar to its own PL RTE business – we think 15%-18%. Even if we are wrong by a good bit on purchase price, this is a superb value-creation deal if EBITDA could be in the $30-$40 million range – a classic POST deal. $$ in the till. Post Consumer Brands sales fell 0.7%; below our estimate and Street consensus of +2.4%. Volume lagged, down 3.6% driven by declines in branded products and some lift in private label. Adjusted EBITDA was $113 million, down 8.6% from LY and well below our $118 estimate and Street estimates of $122 million. EBITDA margin was 246%, down 220 BP Y/Y.””
  • 4/30/2019 – Post was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Post Holdings Inc. is a manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada. The Company’s products are manufactured through a production platform consisting of four owned primary facilities and sold through a variety of channels such as grocery stores, mass merchandisers, club stores, and drug stores. Its portfolio of brands includes diverse offerings such as Honey Bunches of Oats, Pebbles, Post Selects, Great Grains, Spoon Size Shredded Wheat, Post Raisin Bran, Grape-Nuts and Honeycomb. Post Holdings Inc. is based in St. Louis, Missouri. “
  • 4/4/2019 – Post was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $121.00 price target on the stock. According to Zacks, “Post Holdings Inc. is a manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada. The Company’s products are manufactured through a production platform consisting of four owned primary facilities and sold through a variety of channels such as grocery stores, mass merchandisers, club stores, and drug stores. Its portfolio of brands includes diverse offerings such as Honey Bunches of Oats, Pebbles, Post Selects, Great Grains, Spoon Size Shredded Wheat, Post Raisin Bran, Grape-Nuts and Honeycomb. Post Holdings Inc. is based in St. Louis, Missouri. “

Shares of POST opened at $106.80 on Tuesday. The stock has a market cap of $6.86 billion, a PE ratio of 26.18, a price-to-earnings-growth ratio of 3.44 and a beta of 0.23. Post Holdings Inc has a 1 year low of $75.01 and a 1 year high of $113.73. 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 (NYSE:POST) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $1.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.15. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Post had a net margin of 4.15% and a return on equity of 11.07%. The business’s quarterly revenue 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. As a group, analysts predict that Post Holdings Inc will post 5 EPS for the current year.

In other news, Director Edwin H. Callison bought 280 shares of Post stock in a transaction that occurred on Monday, February 11th. The shares were purchased at an average price of $100.56 per share, with a total value of $28,156.80. Following the completion of the acquisition, the director now directly owns 8,700 shares in the company, valued at $874,872. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert E. Grote sold 750 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $99.89, for a total transaction of $74,917.50. Following the completion of the sale, the director now directly owns 6,950 shares in the company, valued at approximately $694,235.50. The disclosure for this sale can be found here. Insiders have bought 170,094 shares of company stock worth $16,488,054 in the last three months. Corporate insiders own 8.10% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. BlackRock Inc. grew its position in shares of Post by 4.1% during the fourth quarter. BlackRock Inc. now owns 5,805,430 shares of the company’s stock worth $517,437,000 after acquiring an additional 231,242 shares during the last quarter. Vanguard Group Inc grew its position in shares of Post by 2.7% during the third quarter. Vanguard Group Inc now owns 5,758,597 shares of the company’s stock worth $564,573,000 after acquiring an additional 149,137 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Post by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,439,308 shares of the company’s stock worth $217,408,000 after acquiring an additional 11,684 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in shares of 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 worth $26,000 after acquiring an additional 2,264,324 shares during the last quarter. Finally, Harris Associates L P grew its position in shares of Post by 20.5% during the fourth quarter. Harris Associates L P now owns 1,245,640 shares of the company’s stock worth $111,024,000 after acquiring an additional 211,665 shares during the last quarter.

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.

Further Reading: Mutual Funds

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