Equities Analysts Set Expectations for Post Holdings, Inc.’s Q1 2022 Earnings (NYSE:POST)

Post Holdings, Inc. (NYSE:POST) – Research analysts at Truist Securiti reduced their Q1 2022 earnings per share (EPS) estimates for Post in a report released on Monday, November 22nd. Truist Securiti analyst W. Chappell now forecasts that the company will post earnings per share of $0.14 for the quarter, down from their prior estimate of $0.75. Truist Securiti also issued estimates for Post’s Q3 2022 earnings at $1.09 EPS, Q4 2022 earnings at $1.37 EPS, Q1 2023 earnings at $0.64 EPS, Q3 2023 earnings at $0.94 EPS and FY2023 earnings at $3.77 EPS.

A number of other analysts have also recently weighed in on the company. Truist Securities lowered their price target on Post from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Monday. Truist decreased their price objective on Post from $125.00 to $120.00 and set a “buy” rating for the company in a report on Monday. TheStreet downgraded Post from a “b” rating to a “c+” rating in a report on Monday, August 2nd. Citigroup decreased their price target on Post from $128.00 to $122.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Zacks Investment Research raised Post from a “sell” rating to a “hold” rating and set a $117.00 price target on the stock in a research note on Monday, October 4th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $121.14.

POST opened at $103.69 on Wednesday. The stock has a market cap of $6.61 billion, a PE ratio of 37.30 and a beta of 0.72. The company has a current ratio of 2.26, a quick ratio of 1.54 and a debt-to-equity ratio of 2.45. Post has a 1 year low of $90.87 and a 1 year high of $117.91. The stock’s 50 day simple moving average is $106.03 and its 200-day simple moving average is $108.97.

Post (NYSE:POST) last posted its earnings results on Thursday, November 18th. The company reported $0.44 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.50). Post had a return on equity of 5.84% and a net margin of 3.26%. The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same quarter last year, the firm posted $0.58 earnings per share. The firm’s revenue for the quarter was up 20.1% compared to the same quarter last year.

In other Post news, Director Thomas C. Erb purchased 2,000 shares of Post stock in a transaction that occurred on Monday, November 22nd. The shares were bought at an average price of $103.64 per share, for a total transaction of $207,280.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 9.70% of the stock is currently owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in POST. Clearstead Advisors LLC purchased a new stake in shares of Post in the 3rd quarter worth $35,000. Eaton Vance Management purchased a new stake in Post in the 1st quarter worth about $60,000. PNC Managed Account Solutions Inc. purchased a new stake in Post in the 2nd quarter worth about $63,000. FORA Capital LLC raised its position in Post by 71.8% in the 2nd quarter. FORA Capital LLC now owns 603 shares of the company’s stock worth $65,000 after purchasing an additional 252 shares during the period. Finally, Rockefeller Capital Management L.P. raised its position in Post by 329.3% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 717 shares of the company’s stock worth $77,000 after purchasing an additional 550 shares during the period. 92.20% of the stock is currently 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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Earnings History and Estimates for Post (NYSE:POST)

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