Compass (NYSE:COMP) Upgraded at Wall Street Zen

by · The Markets Daily

Wall Street Zen upgraded shares of Compass (NYSE:COMP – Free Report) from a hold rating to a buy rating in a research report sent to investors on Sunday.

Several other equities research analysts also recently weighed in on the stock. BTIG Research lifted their price target on shares of Compass from $11.00 to $12.50 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Odeon Capital Group assumed coverage on Compass in a research report on Wednesday, November 19th. They issued a “buy” rating for the company. UBS Group upped their price target on Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Barclays raised Compass from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $9.00 to $13.00 in a research note on Monday, December 8th. Finally, Zacks Research upgraded Compass from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Seven equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $11.06.

Check Out Our Latest Stock Analysis on Compass

Compass Stock Performance

Compass stock opened at $10.89 on Friday. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of -98.95 and a beta of 2.53. Compass has a 52-week low of $5.10 and a 52-week high of $11.03. The stock’s 50 day moving average price is $9.00 and its two-hundred day moving average price is $8.12.

Compass (NYSE:COMP – Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.01. Compass had a negative net margin of 0.85% and a negative return on equity of 8.83%. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.79 billion. On average, equities research analysts forecast that Compass will post 0.09 EPS for the current year.

Insider Activity at Compass

In other news, CFO Scott R. Wahlers sold 49,900 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $11.00, for a total value of $548,900.00. Following the transaction, the chief financial officer owned 363,725 shares in the company, valued at $4,000,975. This trade represents a 12.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Bradley K. Serwin sold 20,953 shares of the company’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $11.00, for a total value of $230,483.00. Following the sale, the general counsel owned 258,712 shares of the company’s stock, valued at $2,845,832. This trade represents a 7.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 107,581 shares of company stock valued at $1,155,784. Company insiders own 4.08% of the company’s stock.

Compass Company Profile

(Get Free Report)

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 in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.

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