Compass, Inc. (NYSE:COMP) Receives $12.63 Average Target Price from Analysts

by · The Cerbat Gem

Shares of Compass, Inc. (NYSE:COMP – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the fourteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $12.6250.

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group reiterated a “neutral” rating on shares of Compass in a research report on Wednesday, May 6th. Barclays cut their price target on Compass from $15.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Morgan Stanley lifted their price target on Compass from $11.00 to $12.50 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. BTIG Research set a $12.00 price target on Compass in a research note on Wednesday, April 15th. Finally, UBS Group cut their price target on Compass from $17.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th.

Get Our Latest Research Report on COMP

Insider Activity

In related news, CEO Robert L. Reffkin sold 23,456 shares of Compass stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $7.69, for a total transaction of $180,376.64. Following the completion of the transaction, the chief executive officer directly owned 7,804,660 shares in the company, valued at $60,017,835.40. The trade was a 0.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.85% of the stock is owned by corporate insiders.

Compass Price Performance

Compass stock opened at $9.45 on Friday. Compass has a one year low of $5.87 and a one year high of $13.95. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.84 and a current ratio of 0.84. The business has a fifty day moving average of $7.99 and a two-hundred day moving average of $9.58. The company has a market cap of $7.06 billion, a P/E ratio of 472.25 and a beta of 2.43.

Compass (NYSE:COMP – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.20. Compass had a net margin of 0.17% and a return on equity of 1.11%. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.67 billion. As a group, analysts predict that Compass will post 0.1 earnings per share for the current fiscal year.

Compass Company Profile

(Get Free Report)

Compass, Inc is a technology-driven real estate brokerage firm that provides a full suite of services for home buyers, sellers and renters. Utilizing a proprietary software platform, the company equips its network of licensed real estate agents with data analytics, marketing automation and client relationship tools designed to enhance efficiency and transaction transparency.

Founded in 2012 by Ori Allon and Robert Reffkin, Compass has grown from a single office in New York City to serve more than 300 markets across the United States.

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