In yesterday’s Wall Street session, CompoSecure Inc. (NASDAQ:CMPO) shares traded at $6.00, up 3.27% from the previous session.
2 analysts cover CompoSecure Inc. (NASDAQ:CMPO), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $15.00 and a low of $9.00, we find $10.00. Given the previous closing price of $5.81, this indicates a potential upside of 72.12 percent. CMPO stock price is now 22.14% away from the 50-day moving average and 4.34% away from the 200-day moving average. The market capitalization of the company currently stands at $451.80M.
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The stock has received a hold rating from 0 analysts and a buy rating from 1. Brokers who have rated the stock have averaged $11.33 as their price target over the next twelve months.
With the price target of $9, BTIG Research recently initiated with Buy rating for CompoSecure Inc. (NASDAQ: CMPO). On January 28, 2022, Needham recently initiated its ‘Buy’ rating on the stock quoting a target price of $14.
In other news, Doll Dixon R Jr., 10% Owner sold 149,880 shares of the company’s stock on Jan 19. The stock was sold for $842,805 at an average price of $5.62. Upon completion of the transaction, the 10% Owner now directly owns 2,131,935 shares in the company, valued at $12.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 19, 10% Owner Roman DBDR Tech Sponsor LLC sold 149,880 shares of the business’s stock. A total of $842,805 was realized by selling the stock at an average price of $5.62. This leaves the insider owning 2,131,935 shares of the company worth $12.79 million. Insiders disposed of 5,961,717 shares of company stock worth roughly $35.77 million over the past 1 year. A total of 1.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CMPO stock. A new stake in CompoSecure Inc. shares was purchased by GLOBEFLEX CAPITAL L P during the first quarter worth $1,545,000. HBK SORCE ADVISORY LLC invested $300,000 in shares of CMPO during the first quarter. In the first quarter, B. RILEY WEALTH ADVISORS, INC. acquired a new stake in CompoSecure Inc. valued at approximately $253,000. ARROWSTREET CAPITAL, LIMITED PARTNERSHIP acquired a new stake in CMPO for approximately $209,000. B. RILEY WEALTH MANAGEMENT, INC. purchased a new stake in CMPO valued at around $180,000 in the second quarter. In total, there are 78 active investors with 63.40% ownership of the company’s stock.
On Monday morning CompoSecure Inc. (NASDAQ: CMPO) stock kicked off with the opening price of $5.82. During the past 12 months, CompoSecure Inc. has had a low of $4.26 and a high of $9.09. The fifty day moving average price for CMPO is $4.91 and a two-hundred day moving average price translates $5.75 for the stock.
The latest earnings results from CompoSecure Inc. (NASDAQ: CMPO) was released for Jun, 2022. The net profit margin was 3.40% and return on equity was -2.00% for CMPO. The company reported revenue of $103.31 million for the quarter, compared to $66.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 56.09 percent. For the current quarter, analysts expect CMPO to generate $98M in revenue.
CompoSecure Inc.(CMPO) Company Profile
CompoSecure, Inc. manufactures and designs metal, plastic, composite ID, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets. It serves financial institutions, plastic card manufacturers, government agencies, system integrators, and security specialists. The company was founded in 1910 and is based in Somerset, New Jersey.
