Post (NYSE:POST) Stock Passes Below Fifty Day Moving Average – Here’s Why

Post Holdings, Inc. (NYSE:POST) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $100.36 and traded as low as $94.32. Post shares last traded at $97.1120, with a volume of 757,302 shares.

Key Post News

Here are the key news stories impacting Post this week:

• Neutral Sentiment: No direct news flow on Post Holdings was released in the provided articles, so there is no obvious new catalyst driving the stock.
• Neutral Sentiment: Recent market headlines were dominated by macro/political issues and updates from other companies, which are unlikely to have a direct impact on Post’s fundamentals.
• Neutral Sentiment: Post’s last earnings report showed an EPS beat and year-over-year revenue growth, which may continue to provide some underlying support for the stock.

Analyst Ratings Changes

Several analysts have issued reports on POST shares. Wall Street Zen downgraded Post from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings upgraded Post from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 6th. BTIG Research started coverage on Post in a report on Monday, April 13th. They set a “neutral” rating on the stock. Zacks Research upgraded Post from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Finally, JPMorgan Chase & Co. cut their price objective on Post from $133.00 to $119.00 and set an “overweight” rating on the stock in a report on Monday, April 20th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $124.50.

Post Stock Up 0.1%

The company has a market cap of $4.41 billion, a price-to-earnings ratio of 16.39 and a beta of 0.43. The company has a current ratio of 1.85, a quick ratio of 1.03 and a debt-to-equity ratio of 2.38. The business has a fifty day moving average price of $100.28 and a two-hundred day moving average price of $101.81.

Post (NYSE:POST) last issued its earnings results on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.21. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2.08 billion. Post had a return on equity of 13.36% and a net margin of 4.01%.The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.41 EPS. On average, equities analysts predict that Post Holdings, Inc. will post 7.58 earnings per share for the current year.

Insider Buying and Selling at Post

In other news, Director Gregory L. Curl sold 6,186 shares of the company’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 $1,586,990.35. This represents a 29.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 14.05% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Post

Large investors have recently made changes to their positions in the company. Larson Financial Group LLC grew its stake in shares of Post by 62.8% in the 4th quarter. Larson Financial Group LLC now owns 267 shares of the company’s stock valued at $26,000 after buying an additional 103 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Post in the 3rd quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Post by 119.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 248 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares during the last quarter. Summit Securities Group LLC acquired a new stake in Post in the 1st quarter worth approximately $28,000. Finally, Highlander Partners L.P. acquired a new stake in Post in the 4th quarter worth approximately $33,000. Institutional investors own 94.85% of the company’s stock.

About Post

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.