BMO Capital Reiterates a Hold Rating on Post Holdings Inc

By Austin Angelo

In a report released yesterday, Kenneth Zaslow from BMO Capital reiterated a Hold rating on Post Holdings Inc (NYSE: POST), with a price target of $83. The company’s shares closed yesterday at $73.93.

According to TipRanks.com, Zaslow is a 5-star analyst with an average return of 12.6% and a 78.0% success rate. Zaslow covers the Consumer Goods sector, focusing on stocks such as Archer Daniels Midland, Mondelez International, and AdvancePierre Foods.

Post Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $87.67.

Based on Post Holdings Inc’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.26 billion and GAAP net loss of $37 million. In comparison, last year the company earned revenue of $1.31 billion and had a GAAP net loss of $72.5 million.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2016, Richard Koulouris, the EVP; Pres & CEO, Private Brnds of POST sold 21,942 shares for a total of $1,872,091.

Post Holdings, Inc. engages in the manufacturing, marketing, and distribution of branded and private label ready-to-eat cereals products. It operates through the following segments: Post Consumer Brands, Michael Foods Group, Active Nutrition, and Private Brands. The Post Consumer Brands segment involves in the manufacturing, marketing, and selling branded and private label ready-to-eat cereal products. The Michael Foods Group segment includes producing value-added egg products, refrigerated potato products, and cheese and dairy case products. The Active Nutrition segment offers protein shakes, bars and powders and nutritional supplement businesses of Premier Nutrition Corporation and Dymatize Enterprises, LLC, as well as the PowerBar brand. The Private Brands segment deals with the businesses of Golden Boy Foods Ltd. and American Blanching Company, which produce private label peanut, nut butters, dried fruits, and snacking nuts. The company was founded on February 3, 2012 and is headquartered in St. Louis, MO.