Post (NYSE:POST) Sets New 12-Month Low – Here’s What Happened

Post Holdings, Inc. (NYSE:POST) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $85.96 and last traded at $85.8210, with a volume of 281970 shares trading hands. The stock had previously closed at $88.77.

Trending Headlines about Post

Here are the key news stories impacting Post this week:

• Positive Sentiment: Zacks highlighted Post Holdings as a strong growth stock, which may draw attention from growth-oriented investors and support the shares. Here’s Why Post Holdings (POST) is a Strong Growth Stock
• Neutral Sentiment: No new earnings release, guidance update, acquisition, or margin commentary was reported in the articles provided, so there is limited fresh fundamental news for POST today.
• Negative Sentiment: POST remains well below its 50-day and 200-day moving averages, suggesting the stock is still under pressure from broader technical weakness even after the latest positive research mention.

Wall Street Analysts Forecast Growth

POST has been the topic of several research analyst reports. Wells Fargo & Company decreased their price target on Post from $110.00 to $98.00 and set an “equal weight” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. reduced their price objective on Post from $133.00 to $119.00 and set an “overweight” rating for the company in a report on Monday, April 20th. Barclays decreased their price objective on shares of Post from $127.00 to $119.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 14th. Weiss Ratings downgraded shares of Post from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, June 8th. Finally, Wall Street Zen lowered shares of Post from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Post has a consensus rating of “Moderate Buy” and an average price target of $117.00.

Post Stock Down 3.1%

The stock has a fifty day moving average of $94.89 and a two-hundred day moving average of $99.32. The company has a quick ratio of 1.03, a current ratio of 1.85 and a debt-to-equity ratio of 2.38. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 14.48 and a beta of 0.39.

Post (NYSE:POST) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.21. Post had a return on equity of 13.36% and a net margin of 4.01%.The business had revenue of $2.04 billion for the quarter, compared to analyst estimates of $2.08 billion. During the same period in the previous year, the company posted $1.41 EPS. The company’s revenue was up 4.7% compared to the same quarter last year. As a group, analysts predict that Post Holdings, Inc. will post 7.57 EPS for the current fiscal year.

Insider Activity at Post

In related news, Director Gregory L. Curl sold 6,186 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $105.05, for a total value of $649,839.30. Following the transaction, the director owned 15,107 shares in the company, valued at approximately $1,586,990.35. The trade was a 29.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 14.05% of the company’s stock.

Hedge Funds Weigh In On Post

Large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in Post by 3.9% in the first quarter. Dimensional Fund Advisors LP now owns 3,071,875 shares of the company’s stock worth $303,678,000 after purchasing an additional 114,677 shares in the last quarter. Norges Bank bought a new position in Post during the fourth quarter worth $113,660,000. Geode Capital Management LLC lifted its stake in Post by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 880,993 shares of the company’s stock worth $87,282,000 after purchasing an additional 8,906 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in Post by 41.3% in the first quarter. Quantinno Capital Management LP now owns 462,631 shares of the company’s stock worth $45,736,000 after purchasing an additional 135,236 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Post by 104.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 415,493 shares of the company’s stock worth $41,155,000 after purchasing an additional 212,325 shares during the period. Institutional investors own 94.85% of the company’s stock.

Post Company Profile

Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.

The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.