Post (NYSE:POST) Price Target Raised to $120.00 at Stifel Nicolaus

Post (NYSE:POSTFree Report) had its price objective raised by Stifel Nicolaus from $115.00 to $120.00 in a research report sent to investors on Monday morning, Benzinga reports. They currently have a buy rating on the stock.

Several other equities analysts also recently commented on the company. Evercore ISI boosted their price objective on Post from $118.00 to $122.00 and gave the company an outperform rating in a research report on Monday. Barclays increased their price objective on shares of Post from $105.00 to $115.00 and gave the company an overweight rating in a report on Tuesday, February 6th. Finally, Mizuho boosted their target price on shares of Post from $110.00 to $128.00 and gave the stock a buy rating in a report on Monday, February 5th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of Moderate Buy and a consensus target price of $113.67.

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Post Stock Up 1.1 %

POST traded up $1.11 during trading on Monday, hitting $106.78. 362,704 shares of the company’s stock traded hands, compared to its average volume of 543,641. The company’s 50 day simple moving average is $104.20 and its two-hundred day simple moving average is $95.98. Post has a 12-month low of $78.85 and a 12-month high of $108.17. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 20.46 and a beta of 0.65. The company has a current ratio of 2.16, a quick ratio of 1.20 and a debt-to-equity ratio of 1.61.

Post (NYSE:POSTGet Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.22. Post had a net margin of 4.38% and a return on equity of 10.93%. The firm had revenue of $2 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter in the prior year, the business earned $1.10 EPS. The business’s quarterly revenue was up 23.4% on a year-over-year basis. Analysts predict that Post will post 5.54 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Nicolas Catoggio sold 300 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $104.11, for a total transaction of $31,233.00. Following the transaction, the chief executive officer now owns 74,992 shares of the company’s stock, valued at approximately $7,807,417.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Nicolas Catoggio sold 300 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $104.11, for a total transaction of $31,233.00. Following the transaction, the chief executive officer now directly owns 74,992 shares in the company, valued at $7,807,417.12. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Diedre J. Gray sold 7,297 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $104.51, for a total transaction of $762,609.47. Following the completion of the transaction, the chief accounting officer now directly owns 51,073 shares of the company’s stock, valued at approximately $5,337,639.23. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,097 shares of company stock valued at $952,272. Corporate insiders own 10.70% of the company’s stock.

Institutional Investors Weigh In On Post

Several institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC acquired a new position in Post during the 4th quarter valued at approximately $25,000. C M Bidwell & Associates Ltd. acquired a new stake in Post during the 3rd quarter worth about $26,000. Parallel Advisors LLC lifted its position in Post by 487.0% during the 4th quarter. Parallel Advisors LLC now owns 317 shares of the company’s stock worth $28,000 after acquiring an additional 263 shares during the period. Venturi Wealth Management LLC grew its stake in Post by 56.8% during the 1st quarter. Venturi Wealth Management LLC now owns 359 shares of the company’s stock valued at $38,000 after purchasing an additional 130 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of Post by 45.9% in the fourth quarter. Fifth Third Bancorp now owns 610 shares of the company’s stock worth $54,000 after purchasing an additional 192 shares during the last quarter. 94.85% of the stock is currently owned by institutional investors and hedge funds.

Post Company Profile

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Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.

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Analyst Recommendations for Post (NYSE:POST)

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