$1.57 Billion in Sales Expected for Post Holdings Inc (POST) This Quarter

Equities analysts expect Post Holdings Inc (NYSE:POST) to announce $1.57 billion in sales for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Post’s earnings. The lowest sales estimate is $1.55 billion and the highest is $1.61 billion. Post posted sales of $1.27 billion in the same quarter last year, which would indicate a positive year over year growth rate of 23.6%. The firm is scheduled to issue its next quarterly earnings results on Thursday, November 15th.

On average, analysts expect that Post will report full-year sales of $6.27 billion for the current financial year, with estimates ranging from $6.24 billion to $6.29 billion. For the next financial year, analysts expect that the firm will report sales of $6.66 billion per share, with estimates ranging from $6.61 billion to $6.70 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that that provide coverage for Post.

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



A number of equities research analysts recently issued reports on POST shares. Wells Fargo & Co set a $111.00 price target on shares of Post and gave the company a “buy” rating in a research note on Monday, August 6th. SunTrust Banks reissued a “buy” rating and issued a $105.00 price target on shares of Post in a research note on Friday, August 3rd. Pivotal Research reissued a “buy” rating and issued a $120.00 price target (up previously from $105.00) on shares of Post in a research note on Friday, August 3rd. Zacks Investment Research cut shares of Post from a “hold” rating to a “sell” rating in a research note on Thursday, July 5th. Finally, Vertical Group cut shares of Post from a “buy” rating to a “hold” rating in a research note on Wednesday, June 27th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. Post has a consensus rating of “Hold” and a consensus target price of $105.00.

In other Post news, Director David P. Skarie sold 2,500 shares of the firm’s stock in a transaction on Thursday, May 24th. The stock was sold at an average price of $76.96, for a total value of $192,400.00. Following the transaction, the director now owns 27,493 shares in the company, valued at approximately $2,115,861.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 7.40% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its holdings in Post by 113.5% in the first quarter. Envestnet Asset Management Inc. now owns 1,467 shares of the company’s stock valued at $114,000 after purchasing an additional 780 shares in the last quarter. Toronto Dominion Bank acquired a new position in Post in the second quarter valued at approximately $181,000. CIBC Asset Management Inc purchased a new stake in Post in the second quarter valued at approximately $211,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Post in the second quarter valued at approximately $213,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in Post in the second quarter valued at approximately $228,000.

Shares of Post traded down $0.77, reaching $93.22, during midday trading on Tuesday, according to Marketbeat. 540,483 shares of the stock were exchanged, compared to its average volume of 721,137. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of 34.91, a PEG ratio of 1.60 and a beta of -0.13. Post has a twelve month low of $70.66 and a twelve month high of $96.96. The company has a debt-to-equity ratio of 2.35, a current ratio of 1.94 and a quick ratio of 1.21.

Post Company Profile

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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