Post (NYSE:POST) Sets New 52-Week High – Should You Buy?

Post Holdings, Inc. (NYSE:POST)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $119.00 and last traded at $118.40, with a volume of 53562 shares trading hands. The stock had previously closed at $117.82.

Wall Street Analyst Weigh In

A number of analysts recently commented on POST shares. JPMorgan Chase & Co. increased their price objective on Post from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Wells Fargo & Company decreased their target price on shares of Post from $120.00 to $116.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 19th. Stifel Nicolaus upped their target price on Post from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, August 5th. Finally, Evercore ISI increased their target price on Post from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $124.17.

Post Stock Up 0.8 %

The company has a debt-to-equity ratio of 1.66, a current ratio of 2.36 and a quick ratio of 1.56. The stock has a market capitalization of $6.94 billion, a price-to-earnings ratio of 20.89 and a beta of 0.64. The firm’s fifty day moving average is $112.63 and its 200-day moving average is $110.09.

Institutional Investors Weigh In On Post

Several institutional investors and hedge funds have recently made changes to their positions in the company. Tidal Investments LLC acquired a new stake in Post during the third quarter worth about $733,000. Sanctuary Advisors LLC raised its position in shares of Post by 23.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 5,953 shares of the company’s stock worth $689,000 after purchasing an additional 1,116 shares during the period. SkyView Investment Advisors LLC lifted its holdings in shares of Post by 2.2% in the 3rd quarter. SkyView Investment Advisors LLC now owns 7,408 shares of the company’s stock worth $857,000 after purchasing an additional 157 shares during the last quarter. Discipline Wealth Solutions LLC acquired a new position in Post during the 3rd quarter valued at approximately $234,000. Finally, TD Private Client Wealth LLC grew its position in shares of Post by 1,993.6% during the third quarter. TD Private Client Wealth LLC now owns 8,563 shares of the company’s stock worth $991,000 after acquiring an additional 8,154 shares during the last quarter. 94.85% of the stock is owned by institutional investors and hedge funds.

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.