Does Compass Inc (NYSE:COMP) have deteriorating prospects?

Compass Inc (NYSE:COMP) shares traded -4.07% lower at $2.36 on Wall Street last session.

In accordance with the data, 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 $5.00 and a low of $2.00, we find $2.75. Given the previous closing price of $2.46, this indicates a potential upside of 11.79 percent. COMP stock price is now -6.39% away from the 50-day moving average and -26.93% away from the 200-day moving average. The market capitalization of the company currently stands at $1.18B.

It has been rated a hold by 4 analysts and a buy by 4. Brokers who have rated the stock have averaged $2.94 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 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 $2.12 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 $1.77 million. Insiders disposed of 15,782,960 shares of company stock worth roughly $37.25 million over the past 1 year. A total of 30.50% of the company’s stock is owned by insiders.

Compass Inc (NYSE: COMP) opened at $2.4400 on Thursday. 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 1.18, a current ratio of 1.06, and a quick ratio of 1.06. The fifty day moving average price for COMP is $2.5212 and a two-hundred day moving average price translates $3.2297 for the stock.

The latest earnings results from Compass Inc (NYSE: COMP) was released for Sep, 2023. According to the Real Estate Services Company, earnings per share came in at -$0.08, inline with analysts’ expectations of -$0.08. This compares to -$0.36 EPS in the same period last year. The net profit margin was -8.08% and return on equity was -71.18% for COMP. The company reported revenue of $1.34 billion for the quarter, compared to $1.49 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.46 percent. For the current quarter, analysts expect COMP to generate $1.14B in revenue.

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