Post Holdings Inc. (NYSE:POST) had its price target raised by research analysts at Pivotal Research from $90.00 to $105.00 in a report issued on Monday. The firm currently has a “buy” rating on the stock. Pivotal Research’s price target indicates a potential upside of 20.66% from the company’s previous close.
Other equities research analysts have also issued research reports about the stock. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Post Holdings in a report on Friday, July 15th. KeyCorp reaffirmed a “buy” rating and issued a $90.00 target price on shares of Post Holdings in a report on Monday, June 20th. Zacks Investment Research raised shares of Post Holdings from a “hold” rating to a “strong-buy” rating and set a $87.00 target price on the stock in a report on Tuesday, May 10th. BB&T Corp. raised shares of Post Holdings from a “hold” rating to a “buy” rating and set a $87.00 target price on the stock in a report on Thursday, June 23rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Post Holdings in a report on Friday, July 15th. Ten equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Post Holdings has an average rating of “Buy” and an average target price of $82.56.
Shares of Post Holdings (NYSE:POST) traded down 0.86% on Monday, hitting $86.60. The company had a trading volume of 211,428 shares. The firm’s market capitalization is $5.57 billion. The company has a 50 day moving average price of $80.97 and a 200 day moving average price of $71.20. Post Holdings has a 1-year low of $50.93 and a 1-year high of $89.00.
Post Holdings (NYSE:POST) last announced its quarterly earnings results on Thursday, May 5th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.46. The business earned $1.27 billion during the quarter, compared to the consensus estimate of $1.23 billion. The company’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same period last year, the firm earned $0.87 EPS. On average, equities analysts forecast that Post Holdings will post $2.26 earnings per share for the current fiscal year.
A number of hedge funds and institutional investors have added to or reduced their stakes in the stock. Anderson Hoagland & Co. acquired a new position in Post Holdings during the second quarter worth about $215,000. Private Trust Co. NA acquired a new position in Post Holdings during the second quarter worth about $230,000. Envestnet Asset Management Inc. increased its position in Post Holdings by 29.3% in the first quarter. Envestnet Asset Management Inc. now owns 3,213 shares of the company’s stock worth $221,000 after buying an additional 729 shares during the last quarter. LS Investment Advisors LLC increased its position in Post Holdings by 73.0% in the second quarter. LS Investment Advisors LLC now owns 3,897 shares of the company’s stock worth $322,000 after buying an additional 1,644 shares during the last quarter. Finally, YHB Investment Advisors Inc. acquired a new position in Post Holdings during the second quarter worth about $351,000.
Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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