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Post Holdings director Gregory Curl sells shares worth $158,509

Published 11/25/2024, 05:09 PM
POST
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ST. LOUIS—Gregory L. Curl, a director at Post Holdings , Inc. (NYSE:POST), recently sold 1,388 shares of the company’s common stock. The shares were sold at an average price of $114.20, amounting to a total transaction value of $158,509. Following this transaction, Curl retains ownership of 19,793 shares in the company.

Post Holdings, based in Missouri, is a major player in the grain mill products industry. The company continues to navigate the complexities of the market with its diverse product offerings and strategic leadership.

In other recent news, Post Holdings has been the subject of positive financial analysis by Evercore ISI, with an increased price target and an Outperform rating. The company's recent earnings report revealed a better-than-expected EBITDA and a positive future outlook. Evercore's analyst increased the FY25 EBITDA estimate to $1.447 billion, surpassing previous forecasts. This, coupled with the anticipation of a $500 million free cash flow generation in FY25, positions Post Holdings as a top pick in the Food sector.

In addition to financial performance, Post Holdings has reported strong contributions from both organic growth and strategic acquisitions, particularly in the pet sector. Despite a slight 2% decline in consumption volumes, the company generated approximately $1 billion in free cash flow. Post Holdings' consolidated net sales reached $2 billion, marking a 3% year-over-year increase.

These recent developments also include the planned relaunch of the Nutrish brand in early 2025 and the closure of the Lancaster cereal plant to optimize capacity. Looking ahead, Post Holdings anticipates a more normalized operating environment in FY 2025, with stable inflation but pressured consumer volumes. The company projects adjusted EBITDA for FY 2025 to be between $1.41 billion and $1.46 billion, with capital expenditures ranging from $380 million to $420 million.

InvestingPro Insights

Gregory L. Curl's recent sale of Post Holdings shares comes at a time when the company's stock is trading near its 52-week high, with the price at 99.04% of its peak. This aligns with an InvestingPro Tip indicating that POST is "Trading near 52-week high," suggesting strong market performance.

The company's financial health appears robust, with an InvestingPro Tip noting that "Liquid assets exceed short term obligations." This financial stability is further reflected in POST's market capitalization of $6.9 billion and a price-to-earnings ratio of 19.32, indicating investor confidence in the company's earnings potential.

Post Holdings has demonstrated solid growth, with revenue increasing by 13.33% over the last twelve months to $7.92 billion. The company's profitability is also noteworthy, as highlighted by another InvestingPro Tip stating that POST has been "Profitable over the last twelve months." This is supported by an EBITDA of $1.28 billion and an operating income margin of 10.19%.

For investors seeking more comprehensive analysis, InvestingPro offers additional insights with 10 more tips available for Post Holdings. These tips could provide valuable context for understanding director transactions and the company's market position in the grain mill products industry.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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