In yesterday’s Wall Street session, Compass Inc. (NYSE:COMP) shares traded at $3.21, up 7.36% from the previous session.
As of this writing, 7 analysts cover Compass Inc. (NYSE:COMP). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $7.25 and a low of $4.00, we find $5.00. Given the previous closing price of $2.99, this indicates a potential upside of 67.22 percent. COMP stock price is now 22.85% away from the 50-day moving average and -29.72% away from the 200-day moving average. The market capitalization of the company currently stands at $1.37B.
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There are 2 analysts who have given it a hold rating, whereas 5 have given it a buy rating. Brokers who have rated the stock have averaged $5.18 as their price target over the next twelve months.
With the price target reduced from $7 to $5, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight for Compass Inc. (NYSE: COMP). On June 21, 2022, Compass Point recently initiated its ‘Buy’ rating on the stock quoting a target price of $8, while ‘Oppenheimer’ rates the stock as ‘Outperform’.
In other news, Wilkie Danielle J., President, Customer Success sold 6,464 shares of the company’s stock on Nov 07. The stock was sold for $13,890 at an average price of $2.15. Upon completion of the transaction, the President, Customer Success now directly owns 604 shares in the company, valued at $1938.84. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 07, President, Customer Success Wilkie Danielle J. sold 1,109 shares of the business’s stock. A total of $3,161 was realized by selling the stock at an average price of $2.85. This leaves the insider owning 604 shares of the company worth $1938.84. Insiders disposed of 1,247,048 shares of company stock worth roughly $4.0 million over the past 1 year. A total of 0.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in COMP stock. A new stake in Compass Inc. shares was purchased by J. GOLDMAN & CO LP during the first quarter worth $3,200,000. EMS CAPITAL LP invested $1,576,000 in shares of COMP during the first quarter. In the first quarter, OCCUDO QUANTITATIVE STRATEGIES LP acquired a new stake in Compass Inc. valued at approximately $1,532,000. WOODLINE PARTNERS LP acquired a new stake in COMP for approximately $989,000. SCHONFELD STRATEGIC ADVISORS LLC purchased a new stake in COMP valued at around $989,000 in the second quarter. In total, there are 204 active investors with 67.10% ownership of the company’s stock.
Thursday morning saw Compass Inc. (NYSE: COMP) opened at $2.9900. During the past 12 months, Compass Inc. has had a low of $1.84 and a high of $11.02. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 1.20, and a quick ratio of 1.20. The fifty day moving average price for COMP is $2.6130 and a two-hundred day moving average price translates $4.5677 for the stock.
The latest earnings results from Compass Inc. (NYSE: COMP) was released for Jun, 2022. According to the Software – Application Company, earnings per share came in at -$0.2, missing analysts’ expectations of -$0.14 by -0.06. This compares to -$0.25 EPS in the same period last year. The net profit margin was -9.50% and return on equity was -81.50% for COMP. The company reported revenue of $1.49 billion for the quarter, compared to $1.74 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.33 percent. For the current quarter, analysts expect COMP to generate $1.44B in revenue.
Compass Inc.(COMP) Company Profile
Compass, Inc. provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality, as well as brokerage and adjacent services in the real estate industry. The company offers mobile apps that allow agents to manage their business anywhere as well as designs consumer-grade interfaces, an automated workflows for agent-client interactions. The company was formerly known as Urban Compass, Inc. and changed its name to Compass, Inc. in January 2021.Compass, Inc. was founded in 2012 and is headquartered in New York, New York.
