An issue of Post Holdings, Inc. (NYSE:POST) bonds rose 1.5% against their face value during trading on Friday following a weaker than expected earnings announcement. The high-yield debt issue has a 5.75% coupon and will mature on March 1, 2027. The debt is now trading at $102.75 and was trading at $100.75 one week ago. Price changes in a company’s bonds in credit markets sometimes predict parallel changes in its share price. The company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.05). Post Holdings had a positive return on equity of 6.53% and a negative net margin of 0.06%. The firm had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the business earned $0.61 EPS. The company’s quarterly revenue was up 14.9% on a year-over-year basis.

A number of analysts have recently weighed in on the company. SunTrust Banks, Inc. set a $105.00 price target on Post Holdings and gave the stock a “buy” rating in a research report on Thursday. Pivotal Research reiterated a “buy” rating and set a $105.00 price target on shares of Post Holdings in a research report on Wednesday, September 20th. BidaskClub upgraded Post Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, August 17th. BMO Capital Markets upgraded Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 price target on the stock in a research report on Wednesday, September 20th. Finally, Zacks Investment Research cut Post Holdings from a “strong-buy” rating to a “hold” rating in a research report on Saturday, September 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $102.29.

Hedge funds have recently modified their holdings of the company. Gabelli Funds LLC increased its position in shares of Post Holdings by 1.4% during the 3rd quarter. Gabelli Funds LLC now owns 593,300 shares of the company’s stock valued at $52,371,000 after purchasing an additional 8,300 shares during the period. State Board of Administration of Florida Retirement System boosted its stake in shares of Post Holdings by 1.9% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 80,219 shares of the company’s stock worth $6,229,000 after acquiring an additional 1,531 shares in the last quarter. Tudor Investment Corp ET AL bought a new stake in shares of Post Holdings during the 2nd quarter worth $580,000. Clarkston Capital Partners LLC boosted its stake in shares of Post Holdings by 6.2% during the 3rd quarter. Clarkston Capital Partners LLC now owns 505,047 shares of the company’s stock worth $44,580,000 after acquiring an additional 29,387 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Post Holdings by 30.3% during the 3rd quarter. Victory Capital Management Inc. now owns 1,974,396 shares of the company’s stock worth $174,280,000 after acquiring an additional 458,900 shares in the last quarter.

The firm has a market cap of $5,400.00, a P/E ratio of 33.17 and a beta of 0.11. The company has a quick ratio of 5.47, a current ratio of 6.43 and a debt-to-equity ratio of 2.31.

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Post Holdings Company Profile

Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.

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