Post (NYSE:POST) Stock Rating Lowered by Wall Street Zen

Post (NYSE:POSTGet Free Report) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other analysts also recently commented on the stock. BTIG Research assumed coverage on shares of Post in a report on Monday, April 13th. They set a “neutral” rating on the stock. Zacks Research upgraded shares of Post from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Barclays dropped their target price on shares of Post from $127.00 to $119.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. Wells Fargo & Company dropped their target price on shares of Post from $120.00 to $110.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 8th. Finally, Weiss Ratings upgraded shares of Post from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 6th. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $124.50.

Read Our Latest Stock Analysis on Post

Post Stock Up 0.0%

Post stock opened at $102.07 on Friday. The company’s 50 day simple moving average is $101.39 and its 200 day simple moving average is $102.26. Post has a fifty-two week low of $94.13 and a fifty-two week high of $117.28. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 17.18 and a beta of 0.43. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.85 and a quick ratio of 1.03.

Post (NYSE:POSTGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.21. Post had a net margin of 4.01% and a return on equity of 13.36%. The business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.08 billion. During the same quarter last year, the firm earned $1.41 EPS. Post’s quarterly revenue was up 4.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Post will post 7.24 EPS for the current year.

Institutional Trading of Post

Several hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC raised its holdings in shares of Post by 62.8% in the fourth quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock valued at $26,000 after purchasing an additional 103 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Post in the third quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Post by 119.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares during the last quarter. Summit Securities Group LLC acquired a new stake in shares of Post in the first quarter valued at approximately $28,000. Finally, Highlander Partners L.P. acquired a new stake in shares of Post in the fourth quarter valued at approximately $33,000. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Post

Here are the key news stories impacting Post this week:

About Post

(Get Free Report)

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.

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