In yesterday’s Wall Street session, Compass Inc. (NYSE:COMP) shares traded at $2.92, down -9.32% from the previous session.
As of this writing, 8 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 $6.00 and a low of $3.50, we find $4.00. Given the previous closing price of $3.22, this indicates a potential upside of 24.22 percent. COMP stock price is now -19.62% away from the 50-day moving average and -12.60% away from the 200-day moving average. The market capitalization of the company currently stands at $1.34B.
There are 4 analysts who have given it a hold rating, whereas 4 have given it a buy rating. Brokers who have rated the stock have averaged $4.43 as their price target over the next twelve months.
In other news, Hart Gregory M., Chief Operating Officer sold 24,604 shares of the company’s stock on Sep 05. The stock was sold for $88,643 at an average price of $3.60. Upon completion of the transaction, the Chief Operating Officer now directly owns 732,802 shares in the company, valued at $2.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 01, Chief Operating Officer Hart Gregory M. sold 49,208 shares of the business’s stock. A total of $177,282 was realized by selling the stock at an average price of $3.60. This leaves the insider owning 757,406 shares of the company worth $2.21 million. Insiders disposed of 15,546,921 shares of company stock worth roughly $45.4 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 PORTOLAN CAPITAL MANAGEMENT, LLC during the first quarter worth $6,150,000. D. E. SHAW & CO., INC. invested $5,312,000 in shares of COMP during the first quarter. In the first quarter, EMG HOLDINGS, L.P. acquired a new stake in Compass Inc. valued at approximately $4,492,000. HONEYCOMB ASSET MANAGEMENT LP acquired a new stake in COMP for approximately $4,380,000. ELEMENT CAPITAL MANAGEMENT LLC purchased a new stake in COMP valued at around $2,768,000 in the second quarter.
Thursday morning saw Compass Inc. (NYSE: COMP) opened at $3.1100. During the past 12 months, Compass Inc. has had a low of $1.84 and a high of $5.16. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 1.00, and a quick ratio of 1.00. The fifty day moving average price for COMP is $3.6126 and a two-hundred day moving average price translates $3.3393 for the stock.
The latest earnings results from Compass Inc. (NYSE: COMP) was released for Jun, 2023. According to the Real Estate Services Company, earnings per share came in at -$0.1, missing analysts’ expectations of -$0.05 by -0.05. This compares to -$0.24 EPS in the same period last year. The net profit margin was -10.10% and return on equity was -99.10% for COMP. The company reported revenue of $1.49 billion for the quarter, compared to $2.02 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.04 percent. For the current quarter, analysts expect COMP to generate $1.37B in revenue.
