Wall Street brokerages expect that Post Holdings Inc (NYSE:POST) will report $1.56 billion in sales for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Post’s earnings. The lowest sales estimate is $1.54 billion and the highest is $1.60 billion. Post reported sales of $1.26 billion during the same quarter last year, which indicates a positive year over year growth rate of 23.8%. The business is expected to announce its next earnings report on Monday, May 14th.
On average, analysts expect that Post will report full year sales of $1.56 billion for the current fiscal year, with estimates ranging from $6.17 billion to $6.34 billion. For the next financial year, analysts forecast that the business will report sales of $6.68 billion per share, with estimates ranging from $6.54 billion to $6.78 billion. Zacks’ sales averages are an average based on a survey of research analysts that follow Post.
Post (NYSE:POST) last issued its quarterly earnings data on Thursday, February 1st. The company reported $0.88 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.04). Post had a return on equity of 7.90% and a net margin of 4.54%. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the previous year, the firm earned $0.62 earnings per share. The company’s revenue was up 14.7% compared to the same quarter last year.
Shares of Post (NYSE POST) traded up $0.25 during midday trading on Monday, reaching $80.77. The company’s stock had a trading volume of 495,663 shares, compared to its average volume of 1,055,045. The company has a quick ratio of 3.27, a current ratio of 4.05 and a debt-to-equity ratio of 2.47. Post has a 52 week low of $71.06 and a 52 week high of $89.04. The company has a market capitalization of $5,551.94, a PE ratio of 27.40, a P/E/G ratio of 1.28 and a beta of -0.03.
In other news, Director William P. Stiritz purchased 100,000 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was purchased at an average price of $71.99 per share, for a total transaction of $7,199,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jeff A. Zadoks purchased 1,353 shares of the stock in a transaction that occurred on Tuesday, February 6th. The stock was purchased at an average price of $73.30 per share, with a total value of $99,174.90. Following the acquisition, the chief financial officer now directly owns 7,668 shares of the company’s stock, valued at approximately $562,064.40. The disclosure for this purchase can be found here. Insiders purchased 104,073 shares of company stock valued at $7,498,693 in the last quarter. 7.40% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC boosted its holdings in shares of Post by 734.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,319 shares of the company’s stock valued at $105,000 after purchasing an additional 1,161 shares during the period. Amundi Pioneer Asset Management Inc. purchased a new stake in shares of Post in the fourth quarter valued at approximately $117,000. Old Mutual Global Investors UK Ltd. purchased a new stake in shares of Post in the fourth quarter valued at approximately $118,000. Cerebellum GP LLC purchased a new stake in shares of Post in the fourth quarter valued at approximately $129,000. Finally, Affinity Wealth Management purchased a new stake in shares of Post in the third quarter valued at approximately $205,000.
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Post 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.
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