$1.13 Earnings Per Share Expected for Post Holdings Inc (POST) This Quarter

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Brokerages forecast that Post Holdings Inc (NYSE:POST) will announce $1.13 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Post’s earnings, with estimates ranging from $1.10 to $1.16. Post posted earnings per share of $0.63 in the same quarter last year, which would suggest a positive year over year growth rate of 79.4%. The company is scheduled to issue its next earnings report on Thursday, November 15th.

According to Zacks, analysts expect that Post will report full year earnings of $4.21 per share for the current financial year, with EPS estimates ranging from $4.17 to $4.25. For the next fiscal year, analysts forecast that the business will post earnings of $5.72 per share, with EPS estimates ranging from $5.53 to $5.96. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that cover Post.

Post (NYSE:POST) last released its quarterly earnings results on Thursday, August 2nd. The company reported $1.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.07). The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.58 billion. Post had a net margin of 8.18% and a return on equity of 10.41%. The business’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.63 EPS.

A number of brokerages have weighed in on POST. Vertical Group downgraded Post from a “buy” rating to a “hold” rating in a research report on Wednesday, June 27th. Citigroup set a $105.00 price target on Post and gave the stock a “buy” rating in a research report on Tuesday, May 8th. Pivotal Research reissued a “buy” rating and set a $105.00 price target on shares of Post in a research report on Friday, May 4th. Wells Fargo & Co set a $111.00 price target on Post and gave the stock a “buy” rating in a research report on Monday, August 6th. Finally, SunTrust Banks reissued a “buy” rating and set a $105.00 price target on shares of Post in a research report on Friday, August 3rd. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $105.00.

Shares of NYSE:POST traded down $0.77 during midday trading on Friday, reaching $93.22. The company had a trading volume of 540,483 shares, compared to its average volume of 721,137. The company has a debt-to-equity ratio of 2.35, a quick ratio of 1.21 and a current ratio of 1.94. The company has a market cap of $6.26 billion, a P/E ratio of 34.91, a P/E/G ratio of 1.60 and a beta of -0.13. Post has a 1-year low of $70.66 and a 1-year high of $96.96.

In other news, Director David P. Skarie sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, May 24th. The stock was sold at an average price of $76.96, for a total transaction of $192,400.00. Following the completion of the sale, the director now owns 27,493 shares in the company, valued at $2,115,861.28. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 7.40% of the stock is owned by insiders.

Large investors have recently modified their holdings of the company. Xact Kapitalforvaltning AB acquired a new position in Post during the fourth quarter valued at approximately $389,000. Cohen Capital Management Inc. raised its position in Post by 13.7% during the first quarter. Cohen Capital Management Inc. now owns 82,920 shares of the company’s stock valued at $6,524,000 after purchasing an additional 10,000 shares in the last quarter. Diamond Hill Capital Management Inc. raised its position in Post by 11.8% during the first quarter. Diamond Hill Capital Management Inc. now owns 1,667,777 shares of the company’s stock valued at $126,351,000 after purchasing an additional 176,183 shares in the last quarter. Dupont Capital Management Corp increased its holdings in shares of Post by 129.1% during the first quarter. Dupont Capital Management Corp now owns 69,881 shares of the company’s stock worth $5,294,000 after buying an additional 39,381 shares in the last quarter. Finally, Intrinsic Edge Capital Management LLC acquired a new position in shares of Post during the first quarter worth $7,444,000.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It manufactures and sells ready-to-eat cereal and hot cereal, egg, refrigerated potato, cheese and other dairy case, and pasta products; and markets and distributes ready-to-drink beverages, bars, powders and other nutritional supplements.

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