Post (NYSE:POST) Issues Quarterly Earnings Results, Beats Estimates By $0.22 EPS

Post (NYSE:POST) released its quarterly earnings results on Thursday. The company reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.22, Briefing.com reports. Post had a return on equity of 10.98% and a net margin of 4.38%. The company had revenue of $2 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same period last year, the business posted $1.10 earnings per share. The firm’s revenue was up 23.4% compared to the same quarter last year.

Post Price Performance

Shares of Post stock traded down $2.24 during trading hours on Friday, reaching $102.66. The stock had a trading volume of 911,395 shares, compared to its average volume of 493,687. The stock’s 50 day moving average is $104.04 and its 200 day moving average is $95.15. The company has a current ratio of 1.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.60. Post has a twelve month low of $78.85 and a twelve month high of $108.17. The firm has a market capitalization of $6.23 billion, a PE ratio of 19.66 and a beta of 0.65.

Insider Activity

In other news, CEO Nicolas Catoggio sold 300 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $104.11, for a total transaction of $31,233.00. Following the completion of the transaction, the chief executive officer now directly owns 74,992 shares of the company’s stock, valued at approximately $7,807,417.12. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, CAO Diedre J. Gray sold 7,297 shares of the firm’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $104.51, for a total value of $762,609.47. Following the transaction, the chief accounting officer now directly owns 51,073 shares of the company’s stock, valued at approximately $5,337,639.23. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Nicolas Catoggio sold 300 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $104.11, for a total value of $31,233.00. Following the sale, the chief executive officer now owns 74,992 shares of the company’s stock, valued at $7,807,417.12. The disclosure for this sale can be found here. Insiders own 10.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on POST. Mizuho lifted their target price on shares of Post from $110.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Barclays upped their target price on Post from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Tuesday, February 6th. Finally, Stifel Nicolaus lifted their price target on Post from $98.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $109.67.

About Post

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.