JPMorgan Chase & Co. Has Lowered Expectations for Post (NYSE:POST) Stock Price

Post (NYSE:POST) had its price objective decreased by stock analysts at JPMorgan Chase & Co. from $119.00 to $116.00 in a research report issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 34.46% from the company’s current price.

A number of other equities research analysts also recently issued reports on the stock. Barclays reduced their price target on shares of Post from $127.00 to $119.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Weiss Ratings cut Post from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. BTIG Research started coverage on Post in a research note on Monday, April 13th. They issued a “neutral” rating for the company. Wall Street Zen cut Post from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Wells Fargo & Company decreased their target price on Post from $110.00 to $98.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $116.40.

Post Price Performance

Shares of POST traded down $0.59 during trading hours on Monday, reaching $86.27. The company had a trading volume of 191,802 shares, compared to its average volume of 826,329. The company has a current ratio of 1.85, a quick ratio of 1.03 and a debt-to-equity ratio of 2.38. Post has a 12-month low of $83.89 and a 12-month high of $117.28. The firm has a 50 day simple moving average of $92.13 and a 200-day simple moving average of $98.48. The company has a market capitalization of $3.91 billion, a price-to-earnings ratio of 14.52 and a beta of 0.39.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.94 EPS for the quarter, topping analysts’ consensus estimates of $1.73 by $0.21. Post had a net margin of 4.01% and a return on equity of 13.36%. The firm had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the previous year, the firm earned $1.41 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. Research analysts expect that Post will post 7.57 earnings per share for the current year.

Insider Transactions at Post

In other Post news, Director Gregory L. Curl sold 6,186 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $105.05, for a total transaction of $649,839.30. Following the sale, the director owned 15,107 shares in the company, valued at approximately $1,586,990.35. This represents a 29.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 14.05% of the company’s stock.

Hedge Funds Weigh In On Post

A number of institutional investors have recently made changes to their positions in POST. Larson Financial Group LLC lifted its position 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 acquiring an additional 103 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Post during the third quarter valued at $26,000. Northwestern Mutual Wealth Management Co. increased its position in Post by 119.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares in the last quarter. Summit Securities Group LLC purchased a new stake in Post during the 1st quarter worth about $28,000. Finally, Highlander Partners L.P. acquired a new position in Post in the 4th quarter valued at about $33,000. 94.85% of the stock is owned by institutional investors and hedge funds.

More Post News

Here are the key news stories impacting Post this week:

• Positive Sentiment: No direct positive catalyst for Post Holdings was mentioned in the articles provided.
• Neutral Sentiment: The news flow included unrelated biotech, banking, and macro headlines, but nothing specific to Post Holdings that would clearly move the stock. Article Title
• Negative Sentiment: With no new company announcement, investors may be focusing on Post Holdings’ recent weakness relative to its moving averages and the lack of near-term catalysts.

Post Company Profile

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.