$1.42 Billion in Sales Expected for Post Holdings Inc (POST) This Quarter

Brokerages predict that Post Holdings Inc (NYSE:POST) will report $1.42 billion in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Post’s earnings, with estimates ranging from $1.41 billion to $1.43 billion. Post posted sales of $1.59 billion in the same quarter last year, which suggests a negative year over year growth rate of 10.7%. The business is scheduled to report its next earnings results on Thursday, May 2nd.

According to Zacks, analysts expect that Post will report full-year sales of $5.75 billion for the current fiscal year, with estimates ranging from $5.72 billion to $5.78 billion. For the next fiscal year, analysts expect that the business will report sales of $5.98 billion, with estimates ranging from $5.88 billion to $6.10 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover Post.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, January 31st. The company reported $1.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.11. The business had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.39 billion. Post had a net margin of 4.78% and a return on equity of 10.53%.

A number of equities research analysts have issued reports on POST shares. SunTrust Banks increased their price objective on shares of Post to $115.00 and gave the stock a “buy” rating in a research note on Monday, February 4th. Wells Fargo & Co set a $114.00 target price on shares of Post and gave the stock a “buy” rating in a report on Friday, January 25th. ValuEngine raised shares of Post from a “hold” rating to a “buy” rating in a report on Friday, October 19th. Citigroup set a $120.00 target price on shares of Post and gave the stock a “buy” rating in a report on Tuesday, November 20th. Finally, Barclays reissued a “buy” rating on shares of Post in a report on Tuesday, November 20th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $113.75.

Shares of Post stock opened at $98.05 on Friday. The stock has a market cap of $6.52 billion, a price-to-earnings ratio of 24.03, a PEG ratio of 3.27 and a beta of 0.22. 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 has a 12-month low of $70.66 and a 12-month high of $102.78.

In other news, Director William P. Stiritz purchased 134,059 shares of the stock in a transaction on Wednesday, February 6th. The stock was purchased at an average price of $96.71 per share, for a total transaction of $12,964,845.89. Following the acquisition, the director now owns 2,659,862 shares in the company, valued at $257,235,254.02. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.10% of the stock is owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in POST. Oregon Public Employees Retirement Fund grew its position in shares of Post by 8,813.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,290,017 shares of the company’s stock worth $26,000 after buying an additional 2,264,324 shares during the period. Doyle Wealth Management acquired a new stake in shares of Post during the 4th quarter worth approximately $74,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of Post during the 3rd quarter worth approximately $106,000. Meeder Asset Management Inc. grew its position in shares of Post by 331.9% during the 4th quarter. Meeder Asset Management Inc. now owns 1,287 shares of the company’s stock worth $115,000 after buying an additional 989 shares during the period. Finally, Sageworth Trust Co grew its position in shares of Post by 160.0% during the 3rd quarter. Sageworth Trust Co now owns 1,300 shares of the company’s stock worth $127,000 after buying an additional 800 shares during the period.

About Post

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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