Post Holdings, Inc. (POST) Posts Earnings Results, Misses Expectations By $0.05 EPS
Post Holdings, Inc. (NYSE:POST) posted its quarterly earnings data on Thursday. The company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.05), Bloomberg Earnings reports. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.43 billion. Post Holdings had a negative net margin of 0.06% and a positive return on equity of 6.53%. The firm’s revenue was up 14.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 EPS.
Post Holdings (NYSE:POST) traded down $1.31 during mid-day trading on Friday, reaching $80.95. The company’s stock had a trading volume of 2,050,009 shares, compared to its average volume of 801,306. The company has a quick ratio of 5.47, a current ratio of 6.43 and a debt-to-equity ratio of 2.31. Post Holdings has a 52 week low of $69.10 and a 52 week high of $89.04. The stock has a market cap of $5,400.00, a P/E ratio of 33.17 and a beta of 0.11.
POST has been the topic of a number of research analyst reports. BidaskClub raised Post Holdings from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. Zacks Investment Research lowered Post Holdings from a “strong-buy” rating to a “hold” rating in a research note on Saturday, September 9th. BMO Capital Markets raised Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 price target on the stock in a research note on Wednesday, September 20th. Pivotal Research restated a “buy” rating and issued a $105.00 price objective on shares of Post Holdings in a report on Wednesday, September 20th. Finally, Wells Fargo & Company raised their price objective on Post Holdings from $96.00 to $106.00 and gave the stock an “outperform” rating in a report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. Post Holdings currently has an average rating of “Buy” and an average price target of $102.29.
About Post Holdings
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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