BMO Capital Downgrades Post Holdings Inc to Market Perform

Brokerage firm BMO Capital Downgrades its rating on Post Holdings Inc(NYSE:POST). The shares have been rated Market Perform. Previously, the analysts had a Outperform rating on the shares. The rating by BMO Capital was issued on Sep 21, 2016.

Post Holdings Inc (POST) shares turned negative on Tuesdays trading session with the shares closing down -1.08 points or -1.36% at a volume of 7,00,500. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $80. The peak price level was also seen at $80 while the days lowest was $78.42. Finally the shares closed at $78.42. The 52-week high of the shares is $89 while the 52-week low is $50.93. According to the latest information available, the market cap of the company is $5,070 M.

Post Holdings Inc(POST) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $1.25B. Analysts had an estimated revenue of $1.27B. Earnings per share were $0.62. Analysts had estimated an EPS of $0.48.

Several Insider Transactions has been reported to the SEC. On Aug 24, 2016, Richard R Koulouris (EVP; Pres & CEO, Private Brnds) sold 21,942 shares at $85.33 per share price.

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. Its Michael Foods Group segment produces and distributes egg products refrigerated potato products cheese and other dairy case products and pasta products. Its Private Brands segment manufactures and distributes organic and conventional private label peanut butter and other nut butters baking nuts raisins and other dried fruit and trail mixes. Its Active Nutrition segment markets and distributes protein beverages and bars under the Premier Protein brand protein powders and bars under the Dymatize and Supreme Protein brands and ready-to-drink beverages and other liquid-based solutions under the Joint Juice brand.

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