5 Undervalued Defensive Stocks For 2023

3. Post Holdings, Inc. (NYSE:POST)

PE Ratio as of January 27: 7.77

Post Holdings, Inc. (NYSE:POST) is a consumer packaged goods holding company. Analysts believe Post Holdings, Inc. (NYSE:POST)’s financial position will improve after the company sold BellRing Brands (BRBR).

In the fiscal fourth quarter results posted in November, Post Holdings, Inc. (NYSE:POST) said its adjusted EPS in the period came in at $0.85, beating estimates by $0.15. Revenue in the quarter fell 5.9% to $1.6 billion, beating estimates by a whopping $50 million. Post Holdings, Inc. (NYSE:POST) said that in fiscal 2023 it expects adjusted EBITDA to be between $990-$1,040 million.

As of the end of the third quarter, 29 hedge funds tracked by Insider Monkey had stakes in Post Holdings, Inc. (NYSE:POST). The total value of these stakes was over $1 billion. At the end of the second quarter, 26 hedge funds were bullish on Post Holdings, Inc. (NYSE:POST). The biggest stakeholder of Post Holdings, Inc. (NYSE:POST) at the end of the third quarter of 2022 was  William Duhamel’s Route One Investment Company with a $573 million stake.