Wall Street brokerages predict that Post Holdings Inc (NYSE:POST) will announce earnings of $1.13 per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Post’s earnings. The lowest EPS estimate is $1.10 and the highest is $1.16. Post posted earnings per share of $0.63 during the same quarter last year, which indicates a positive year-over-year growth rate of 79.4%. The business is scheduled to announce its next earnings report on Thursday, November 15th.
On average, analysts expect that Post will report full-year earnings of $4.21 per share for the current fiscal year, with EPS estimates ranging from $4.17 to $4.25. For the next fiscal year, analysts forecast that the business will post earnings of $5.72 per share, with EPS estimates ranging from $5.53 to $5.96. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Post.
Post (NYSE:POST) last announced its quarterly earnings data on Thursday, August 2nd. The company reported $1.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.07). The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Post had a return on equity of 10.41% and a net margin of 8.18%. The business’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same period last year, the company earned $0.63 earnings per share.
POST has been the subject of several research reports. Pivotal Research reiterated a “buy” rating and set a $120.00 price objective (up previously from $105.00) on shares of Post in a research report on Friday, August 3rd. Wells Fargo & Co set a $111.00 price target on shares of Post and gave the stock a “buy” rating in a research note on Monday, August 6th. SunTrust Banks reaffirmed a “buy” rating and issued a $105.00 price target on shares of Post in a research note on Friday, August 3rd. Vertical Group downgraded shares of Post from a “buy” rating to a “hold” rating in a research note on Wednesday, June 27th. Finally, ValuEngine raised shares of Post from a “sell” rating to a “hold” rating in a research report on Monday, June 11th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the stock. Post has an average rating of “Hold” and a consensus price target of $105.00.
Post traded down $0.77, hitting $93.22, during trading on Friday, according to MarketBeat. 540,483 shares of the company traded hands, compared to its average volume of 721,137. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 1.60 and a beta of -0.13. Post has a 1 year low of $70.66 and a 1 year high of $96.96. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.21 and a current ratio of 1.94.
In related news, Director David P. Skarie sold 2,500 shares of the business’s stock in a transaction on Thursday, May 24th. The shares were sold at an average price of $76.96, for a total value of $192,400.00. Following the completion of the transaction, the director now directly owns 27,493 shares in the company, valued at approximately $2,115,861.28. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 7.40% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in shares of Post by 113.5% during the first quarter. Envestnet Asset Management Inc. now owns 1,467 shares of the company’s stock worth $114,000 after buying an additional 780 shares in the last quarter. Cornerstone Wealth Management LLC purchased a new stake in shares of Post in the second quarter valued at about $136,000. Toronto Dominion Bank acquired a new position in Post in the second quarter valued at about $181,000. CIBC Asset Management Inc acquired a new position in Post in the second quarter valued at about $211,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in Post in the second quarter valued at about $213,000.
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.
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