Post (NYSE:POST) Price Target Raised to $140.00

Post (NYSE:POST) had its price target lifted by Piper Sandler from $120.00 to $140.00 in a research report report published on Monday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

POST has been the topic of a number of other research reports. Evercore ISI increased their target price on Post from $123.00 to $126.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Wells Fargo & Company lowered their price target on Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 19th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.17.

Post Stock Up 0.6 %

Post stock opened at $111.71 on Monday. Post has a fifty-two week low of $99.62 and a fifty-two week high of $125.84. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.56 and a current ratio of 2.36. The company has a market cap of $6.50 billion, a PE ratio of 18.40 and a beta of 0.65. The business’s 50-day simple moving average is $111.39 and its two-hundred day simple moving average is $112.87.

Post (NYSE:POST) last issued its earnings results on Thursday, February 6th. The company reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.49 by $0.24. Post had a return on equity of 10.40% and a net margin of 4.94%. Equities analysts anticipate that Post will post 6.3 EPS for the current year.

Insider Buying and Selling

In other Post news, CEO Nicolas Catoggio sold 6,000 shares of Post stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $121.14, for a total value of $726,840.00. Following the sale, the chief executive officer now owns 70,501 shares in the company, valued at $8,540,491.14. The trade was a 7.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Bradly A. Harper sold 1,000 shares of Post stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $120.09, for a total value of $120,090.00. Following the completion of the sale, the senior vice president now owns 11,220 shares in the company, valued at $1,347,409.80. This represents a 8.18 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 44,908 shares of company stock worth $5,312,045. 11.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Post

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new stake in shares of Post in the third quarter valued at $27,000. Fortitude Family Office LLC grew its stake in shares of Post by 426.0% in the fourth quarter. Fortitude Family Office LLC now owns 263 shares of the company’s stock valued at $30,000 after buying an additional 213 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of Post in the third quarter valued at $33,000. Quarry LP grew its stake in shares of Post by 244.9% in the third quarter. Quarry LP now owns 338 shares of the company’s stock valued at $39,000 after buying an additional 240 shares in the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in shares of Post in the fourth quarter valued at $54,000. Hedge funds and other institutional investors own 94.85% of the company’s stock.

Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.