Analysts Anticipate Post Holdings Inc (NYSE:POST) Will Post Earnings of $1.17 Per Share

Analysts expect Post Holdings Inc (NYSE:POST) to report $1.17 earnings per share for the current quarter, Zacks reports. Four analysts have provided estimates for Post’s earnings, with the highest EPS estimate coming in at $1.29 and the lowest estimate coming in at $1.05. Post reported earnings per share of $1.08 in the same quarter last year, which suggests a positive year over year growth rate of 8.3%. The business is scheduled to issue its next quarterly earnings report on Thursday, November 21st.

On average, analysts expect that Post will report full year earnings of $4.77 per share for the current financial year, with EPS estimates ranging from $4.63 to $4.91. For the next financial year, analysts forecast that the company will report earnings of $5.38 per share, with EPS estimates ranging from $5.14 to $5.80. Zacks’ EPS calculations are an average based on a survey of research firms that follow Post.

Post (NYSE:POST) last issued its earnings results on Thursday, August 1st. The company reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.24 by ($0.05). Post had a return on equity of 11.15% and a net margin of 2.90%. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter in the previous year, the company earned $1.06 EPS. The firm’s quarterly revenue was down 10.5% compared to the same quarter last year.

A number of analysts have recently commented on POST shares. Piper Jaffray Companies downgraded Post from an “overweight” rating to a “neutral” rating in a research note on Friday, July 19th. Wells Fargo & Co restated a “buy” rating on shares of Post in a research note on Wednesday, May 8th. ValuEngine cut Post from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Pivotal Research reaffirmed a “buy” rating and issued a $125.00 price target on shares of Post in a report on Friday, May 3rd. Finally, Goldman Sachs Group raised Post from a “neutral” rating to a “buy” rating and upped their price target for the stock from $107.00 to $134.00 in a report on Monday, May 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the stock. Post currently has a consensus rating of “Buy” and an average price target of $122.00.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in POST. Louisiana State Employees Retirement System raised its holdings in shares of Post by 0.6% during the first quarter. Louisiana State Employees Retirement System now owns 17,800 shares of the company’s stock valued at $1,947,000 after acquiring an additional 100 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Post by 0.5% during the first quarter. Nisa Investment Advisors LLC now owns 19,700 shares of the company’s stock valued at $2,155,000 after acquiring an additional 100 shares during the last quarter. 6 Meridian raised its holdings in shares of Post by 2.2% during the second quarter. 6 Meridian now owns 4,848 shares of the company’s stock valued at $504,000 after acquiring an additional 104 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of Post by 1.4% during the first quarter. Crossmark Global Holdings Inc. now owns 7,961 shares of the company’s stock valued at $871,000 after acquiring an additional 110 shares during the last quarter. Finally, Raymond James Trust N.A. raised its holdings in shares of Post by 4.5% during the second quarter. Raymond James Trust N.A. now owns 2,588 shares of the company’s stock valued at $269,000 after acquiring an additional 111 shares during the last quarter. 91.54% of the stock is owned by institutional investors.

Shares of POST traded up $0.61 during mid-day trading on Thursday, reaching $95.78. The company had a trading volume of 684,869 shares, compared to its average volume of 588,584. Post has a 52-week low of $83.88 and a 52-week high of $113.73. The company has a quick ratio of 1.23, a current ratio of 2.02 and a debt-to-equity ratio of 1.97. The firm has a market capitalization of $7.04 billion, a PE ratio of 23.48, a P/E/G ratio of 2.89 and a beta of 0.24. The company has a 50 day moving average price of $105.74.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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