Post Holdings, Inc. ( POST ) saw a big move in the last trading session, as the company's shares fell by nearly 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for POST, as the stock is down over 12% since April 16.
The company, a manufacturer and distributor of ready-to-eat cereals, snacks, and active nutrition products, has not seen any estimate revision over the past month, though the current year earnings consensus has moved lower over the last 30 days. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.
POST currently holds a Zacks Rank #5 (Strong Sell).
Investors interested in the Food industry may consider better-ranked stocks like B&G Foods Inc. ( BGS ), BRF S.A. ( BRFS ) and ARAMARK Holdings Corporation ( ARMK ). While B&G Foods and BRF hold a Zacks Rank #1 (Strong Buy), ARAMARK carries a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportARAMARK HOLDING (ARMK): Free Stock Analysis ReportB&G FOODS CL-A (BGS): Free Stock Analysis ReportBRF-BRASIL FOOD (BRFS): Free Stock Analysis ReportPOST HOLDINGS (POST): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research