Post Holdings, Inc. (NYSE:POST) had its price target hoisted by Wells Fargo & Company from $96.00 to $106.00 in a research report issued on Wednesday. The firm currently has an “outperform” rating on the stock. Wells Fargo & Company’s price objective suggests a potential upside of 21.97% from the stock’s current price.

A number of other equities research analysts have also recently commented on POST. BidaskClub raised shares of Post Holdings from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Pivotal Research restated a “buy” rating and issued a $105.00 target price on shares of Post Holdings in a research note on Wednesday, September 20th. BMO Capital Markets raised Post Holdings from a “market perform” rating to an “outperform” rating and set a $106.00 price target on the stock in a research report on Wednesday, September 20th. Zacks Investment Research cut Post Holdings from a “strong-buy” rating to a “hold” rating in a research report on Saturday, September 9th. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on Post Holdings in a research note on Monday, July 17th. They set a “buy” rating and a $105.00 price target for the company. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Post Holdings presently has a consensus rating of “Buy” and an average price target of $101.17.

Shares of Post Holdings (POST) traded up 0.52% during mid-day trading on Wednesday, hitting $87.36. 346,571 shares of the company traded hands. The stock’s market capitalization is $5.78 billion. Post Holdings has a one year low of $68.76 and a one year high of $89.04. The firm has a 50-day moving average of $85.40 and a 200-day moving average of $83.30.

Post Holdings (NYSE:POST) last released its earnings results on Thursday, August 3rd. The company reported $0.63 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.61 by $0.02. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Post Holdings had a negative net margin of 0.06% and a positive return on equity of 6.53%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.62 earnings per share. On average, equities analysts predict that Post Holdings will post $2.69 earnings per share for the current year.

Post Holdings announced that its Board of Directors has initiated a share repurchase program on Wednesday, June 7th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 4.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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Several hedge funds have recently added to or reduced their stakes in POST. IndexIQ Advisors LLC grew its stake in Post Holdings by 0.3% during the second quarter. IndexIQ Advisors LLC now owns 1,485 shares of the company’s stock valued at $115,000 after acquiring an additional 4 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its stake in Post Holdings by 2.2% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 2,744 shares of the company’s stock worth $213,000 after purchasing an additional 60 shares in the last quarter. Atria Investments LLC lifted its stake in Post Holdings by 2.2% in the 2nd quarter. Atria Investments LLC now owns 4,194 shares of the company’s stock worth $326,000 after purchasing an additional 91 shares in the last quarter. Utah Retirement Systems lifted its stake in Post Holdings by 0.9% in the 1st quarter. Utah Retirement Systems now owns 11,800 shares of the company’s stock worth $1,033,000 after purchasing an additional 100 shares in the last quarter. Finally, Advantus Capital Management Inc lifted its stake in Post Holdings by 2.1% in the 1st quarter. Advantus Capital Management Inc now owns 8,230 shares of the company’s stock worth $720,000 after purchasing an additional 167 shares in the last quarter.

Post Holdings Company Profile

Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.

Analyst Recommendations for Post Holdings (NYSE:POST)

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