Brokerages expect Post Holdings Inc (NYSE:POST) to post $1.57 billion in sales for the current quarter, according to Zacks. Three analysts have provided estimates for Post’s earnings. The highest sales estimate is $1.61 billion and the lowest is $1.55 billion. Post posted sales of $1.27 billion in the same quarter last year, which suggests a positive year over year growth rate of 23.6%. The firm is scheduled to report its next earnings results on Thursday, November 15th.

According to Zacks, analysts expect that Post will report full year sales of $6.26 billion for the current year, with estimates ranging from $6.24 billion to $6.29 billion. For the next year, analysts anticipate that the business will report sales of $6.67 billion per share, with estimates ranging from $6.61 billion to $6.70 billion. Zacks’ sales averages are a mean average based on a survey of analysts that cover Post.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, August 2nd. The company reported $1.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.07). Post had a return on equity of 10.41% and a net margin of 8.18%. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the previous year, the firm earned $0.63 EPS. The business’s revenue was up 26.4% compared to the same quarter last year.

Several research firms have recently weighed in on POST. Zacks Investment Research raised Post from a “sell” rating to a “hold” rating in a research report on Saturday, August 18th. Piper Jaffray Companies began coverage on Post in a research report on Thursday, August 16th. They set an “overweight” rating and a $115.00 target price on the stock. Pivotal Research reissued a “buy” rating and set a $120.00 target price (up previously from $105.00) on shares of Post in a research report on Friday, August 3rd. Wells Fargo & Co set a $111.00 target price on Post and gave the company a “buy” rating in a research report on Monday, August 6th. Finally, SunTrust Banks reissued a “buy” rating and set a $105.00 target price on shares of Post in a research report on Friday, August 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. Post has a consensus rating of “Buy” and a consensus target price of $106.25.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp boosted its holdings in Post by 0.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 666,181 shares of the company’s stock valued at $57,305,000 after acquiring an additional 6,157 shares during the period. Laurel Wealth Advisors Inc. boosted its holdings in Post by 114.9% during the 2nd quarter. Laurel Wealth Advisors Inc. now owns 3,763 shares of the company’s stock valued at $323,000 after acquiring an additional 2,012 shares during the period. Carnegie Capital Asset Management LLC boosted its holdings in Post by 5.3% during the 2nd quarter. Carnegie Capital Asset Management LLC now owns 15,790 shares of the company’s stock valued at $1,476,000 after acquiring an additional 795 shares during the period. Jane Street Group LLC purchased a new position in Post during the 2nd quarter valued at $369,000. Finally, California Public Employees Retirement System boosted its holdings in Post by 4.4% during the 2nd quarter. California Public Employees Retirement System now owns 121,899 shares of the company’s stock valued at $10,486,000 after acquiring an additional 5,124 shares during the period.

NYSE:POST traded down $0.50 during trading hours on Monday, reaching $100.15. The stock had a trading volume of 341,700 shares, compared to its average volume of 754,407. The company has a market cap of $6.67 billion, a price-to-earnings ratio of 37.51, a PEG ratio of 1.70 and a beta of -0.17. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.94 and a quick ratio of 1.21. Post has a 52 week low of $70.66 and a 52 week high of $101.17.

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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