Zacks: Analysts Anticipate Post Holdings, Inc. (NYSE:POST) Will Announce Earnings of $0.87 Per Share

Brokerages expect that Post Holdings, Inc. (NYSE:POST) will announce earnings of $0.87 per share for the current quarter, Zacks reports. Four analysts have made estimates for Post’s earnings, with the lowest EPS estimate coming in at $0.62 and the highest estimate coming in at $1.15. Post posted earnings of $0.58 per share in the same quarter last year, which suggests a positive year over year growth rate of 50%. The business is scheduled to report its next quarterly earnings results on Thursday, November 18th.

According to Zacks, analysts expect that Post will report full-year earnings of $2.81 per share for the current fiscal year, with EPS estimates ranging from $2.57 to $3.06. For the next fiscal year, analysts forecast that the business will report earnings of $4.40 per share, with EPS estimates ranging from $3.59 to $5.25. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover Post.

Post (NYSE:POST) last posted its earnings results on Thursday, August 5th. The company reported $0.93 EPS for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.01). The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.50 billion. Post had a return on equity of 5.84% and a net margin of 3.26%.

Separately, TheStreet lowered shares of Post from a “b” rating to a “c+” rating in a report on Monday, August 2nd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $122.63.

Shares of NYSE POST opened at $105.78 on Friday. The company has a 50 day simple moving average of $108.19 and a 200 day simple moving average of $109.82. The firm has a market cap of $6.74 billion, a PE ratio of 38.05 and a beta of 0.81. Post has a 1 year low of $81.38 and a 1 year high of $117.91. The company has a debt-to-equity ratio of 2.45, a current ratio of 2.26 and a quick ratio of 1.54.

In other news, Director David P. Skarie sold 850 shares of the firm’s stock in a transaction that occurred on Wednesday, August 11th. The shares were sold at an average price of $111.51, for a total transaction of $94,783.50. Following the completion of the sale, the director now owns 27,243 shares of the company’s stock, valued at approximately $3,037,866.93. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert E. Grote sold 2,850 shares of the firm’s stock in a transaction that occurred on Wednesday, August 18th. The stock was sold at an average price of $115.05, for a total transaction of $327,892.50. Following the sale, the director now directly owns 11,912 shares of the company’s stock, valued at approximately $1,370,475.60. The disclosure for this sale can be found here. 9.70% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of POST. Amundi Pioneer Asset Management Inc. grew its position in Post by 747.0% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 62,546 shares of the company’s stock valued at $6,843,000 after purchasing an additional 55,162 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Post by 26.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 31,555 shares of the company’s stock worth $3,336,000 after purchasing an additional 6,682 shares during the period. Blueshift Asset Management LLC bought a new stake in shares of Post during the 1st quarter worth $709,000. Fifth Third Bancorp raised its stake in shares of Post by 4,800.0% during the 1st quarter. Fifth Third Bancorp now owns 441 shares of the company’s stock worth $47,000 after purchasing an additional 432 shares during the period. Finally, The PNC Financial Services Group Inc. raised its stake in shares of Post by 24.5% during the 1st quarter. The PNC Financial Services Group Inc. now owns 2,695 shares of the company’s stock worth $284,000 after purchasing an additional 531 shares during the period. 91.38% of the stock is owned by institutional investors and hedge funds.

About Post

Post Holdings, Inc is a consumer packaged goods holding company, which engages in operating of center-of-the-store, refrigerated, foodservice, food ingredient, active nutrition, and private brand food categories. It operates through the following segments: Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands.

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