Equities research analysts expect Post Holdings Inc (NYSE:POST) to report earnings of $0.90 per share for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Post’s earnings, with estimates ranging from $0.78 to $1.03. Post posted earnings per share of $1.28 during the same quarter last year, which would suggest a negative year-over-year growth rate of 29.7%. The business is expected to announce its next quarterly earnings results on Thursday, May 7th.
According to Zacks, analysts expect that Post will report full-year earnings of $4.56 per share for the current financial year, with EPS estimates ranging from $4.23 to $5.00. For the next year, analysts expect that the business will report earnings of $5.61 per share, with EPS estimates ranging from $5.44 to $5.88. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that that provide coverage for Post.
Post (NYSE:POST) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.38). The company had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Post had a return on equity of 10.86% and a net margin of 1.72%. The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.11 EPS.
In other news, Director Jay W. Brown sold 3,300 shares of Post stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $108.01, for a total value of $356,433.00. Following the completion of the sale, the director now owns 3,300 shares of the company’s stock, valued at $356,433. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 8.70% of the stock is owned by insiders.
Several large investors have recently made changes to their positions in the company. Route One Investment Company L.P. grew its position in shares of Post by 0.3% in the fourth quarter. Route One Investment Company L.P. now owns 6,168,140 shares of the company’s stock valued at $672,944,000 after purchasing an additional 20,000 shares during the period. Iridian Asset Management LLC CT grew its position in shares of Post by 8.3% in the fourth quarter. Iridian Asset Management LLC CT now owns 2,027,180 shares of the company’s stock valued at $221,165,000 after purchasing an additional 154,964 shares during the period. Bank of Montreal Can grew its position in shares of Post by 18.0% in the fourth quarter. Bank of Montreal Can now owns 1,943,429 shares of the company’s stock valued at $212,027,000 after purchasing an additional 295,986 shares during the period. Diamond Hill Capital Management Inc. grew its position in Post by 0.3% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 1,177,732 shares of the company’s stock valued at $128,491,000 after acquiring an additional 3,243 shares during the period. Finally, Victory Capital Management Inc. grew its position in Post by 11.5% during the fourth quarter. Victory Capital Management Inc. now owns 1,080,294 shares of the company’s stock valued at $117,860,000 after acquiring an additional 111,067 shares during the period. 91.73% of the stock is owned by institutional investors and hedge funds.
Post stock traded down $4.61 during mid-day trading on Monday, hitting $76.76. 657,186 shares of the company were exchanged, compared to its average volume of 925,005. The company has a debt-to-equity ratio of 1.93, a current ratio of 2.18 and a quick ratio of 1.51. The business’s 50 day simple moving average is $95.54 and its two-hundred day simple moving average is $103.20. The company has a market capitalization of $5.62 billion, a P/E ratio of 57.71, a PEG ratio of 2.55 and a beta of 0.38. Post has a 12-month low of $68.97 and a 12-month high of $113.73.
Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.
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