Post (POST) Expected to Announce Quarterly Earnings on Thursday

Post (NYSE:POST - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Post to post earnings of $1.49 per share and revenue of $1.99 billion for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Post Stock Up 1.4 %

Shares of NYSE POST traded up $1.51 during mid-day trading on Thursday, reaching $108.06. The company had a trading volume of 91,799 shares, compared to its average volume of 499,988. Post has a 52-week low of $92.54 and a 52-week high of $125.84. The stock has a market cap of $6.29 billion, a P/E ratio of 19.16 and a beta of 0.66. The company has a current ratio of 2.36, a quick ratio of 1.56 and a debt-to-equity ratio of 1.66. The firm has a 50 day simple moving average of $113.34 and a two-hundred day simple moving average of $112.92.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on POST. Wells Fargo & Company decreased their target price on Post from $120.00 to $116.00 and set an "equal weight" rating for the company in a research report on Tuesday, November 19th. Piper Sandler cut their target price on shares of Post from $140.00 to $120.00 and set an "overweight" rating on the stock in a report on Thursday, January 16th. Finally, Evercore ISI increased their price target on shares of Post from $123.00 to $126.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $123.57.

Insider Buying and Selling

In other Post news, COO Jeff A. Zadoks sold 28,969 shares of the company's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $119.96, for a total transaction of $3,475,121.24. Following the transaction, the chief operating officer now directly owns 67,788 shares in the company, valued at approximately $8,131,848.48. This represents a 29.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Bradly A. Harper sold 1,000 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $120.09, for a total value of $120,090.00. Following the sale, the senior vice president now directly owns 11,220 shares in the company, valued at $1,347,409.80. This trade represents a 8.18 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 35,969 shares of company stock valued at $4,322,051 over the last ninety days. Corporate insiders own 11.40% of the company's stock.

About Post

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through four segments: Post Consumer Brands, Weetabix, Foodservice, and Refrigerated Retail. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereals under Honey Bunches of Oats, Pebbles, and Malt-O-Meal brand names; hot cereal; peanut butter under the Peter Pan brand; and branded and private label dog and cat food products under Rachael Ray Nutrish, Nature's Recipe, 9Lives, Kibbles 'n Bits and Gravy Train brand names.