A secret that hides Compass Inc’s strength (NYSE:COMP)

Stocks of Compass Inc (NYSE:COMP) traded higher last session on Wall Street, up 11.73% to $2.19.

According to the data, Compass Inc (NYSE:COMP) has 8 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. COMP stock price is now -20.73% away from the 50-day moving average and -33.55% away from the 200-day moving average. The market capitalization of the company currently stands at $1.06B.

A total of 4 analysts have issued a hold rating and 4 have given it a buy rating.

In other news, Hart Gregory M., Chief Operating Officer sold 24,604 shares of the company’s stock on Nov 01. The stock was sold for $46,435 at an average price of $1.89. Upon completion of the transaction, the Chief Operating Officer now directly owns 896,803 shares in the company, valued at $1.96 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 02, Chief Operating Officer Hart Gregory M. sold 24,604 shares of the business’s stock. A total of $69,401 was realized by selling the stock at an average price of $2.82. This leaves the insider owning 750,065 shares of the company worth $1.64 million. Insiders disposed of 15,789,424 shares of company stock worth roughly $34.58 million over the past 1 year. A total of 30.88% of the company’s stock is owned by insiders.

During the past 12 months, Compass Inc has had a low of $1.82 and a high of $5.16. As of last week, the company has a debt-to-equity ratio of 1.63, a current ratio of 0.97, and a quick ratio of 0.97. The fifty day moving average price for COMP is $2.7412 and a two-hundred day moving average price translates $3.2914 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 -85.10% 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 $1.35B 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 incorporated in 2012 and is headquartered in New York, New York.

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