Post Holdings Inc (NYSE:POST) – Investment analysts at SunTrust Banks issued their Q1 2019 earnings estimates for shares of Post in a note issued to investors on Monday, October 29th. SunTrust Banks analyst W. Chappell expects that the company will post earnings per share of $1.23 for the quarter. SunTrust Banks currently has a “Buy” rating and a $105.00 target price on the stock. SunTrust Banks also issued estimates for Post’s Q2 2019 earnings at $1.40 EPS, Q3 2019 earnings at $1.59 EPS, Q4 2019 earnings at $1.53 EPS, FY2019 earnings at $5.74 EPS and FY2020 earnings at $6.89 EPS.
Several other equities analysts also recently commented on the company. ValuEngine downgraded Post from a “buy” rating to a “hold” rating in a research report on Saturday, October 27th. Zacks Investment Research downgraded Post from a “buy” rating to a “sell” rating in a research report on Tuesday, October 9th. Stifel Nicolaus upped their target price on Post from $97.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, October 5th. Piper Jaffray Companies assumed coverage on Post in a research report on Thursday, August 16th. They issued an “overweight” rating and a $115.00 target price on the stock. Finally, Barclays assumed coverage on Post in a research report on Tuesday, August 14th. They issued an “overweight” rating and a $105.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $110.25.
Post (NYSE:POST) last posted its earnings results on Thursday, August 2nd. The company reported $1.06 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.07). Post had a net margin of 8.18% and a return on equity of 10.41%. The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the company posted $0.63 EPS. Post’s revenue for the quarter was up 26.4% compared to the same quarter last year.
A number of large investors have recently modified their holdings of the stock. Harvest Fund Management Co. Ltd acquired a new stake in shares of Post in the 3rd quarter valued at $106,000. Sageworth Trust Co boosted its holdings in shares of Post by 160.0% in the 3rd quarter. Sageworth Trust Co now owns 1,300 shares of the company’s stock valued at $127,000 after purchasing an additional 800 shares in the last quarter. Cerebellum GP LLC acquired a new stake in shares of Post in the 3rd quarter valued at $185,000. Toronto Dominion Bank acquired a new stake in shares of Post in the 2nd quarter valued at $181,000. Finally, Oppenheimer & Co. Inc. acquired a new stake in shares of Post in the 3rd quarter valued at $216,000.
Post Company Profile
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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