Compass, Inc. (NYSE:COMP) Given Consensus Rating of “Moderate Buy” by Brokerages

by · The Markets Daily

Shares of Compass, Inc. (NYSE:COMP – Get Free Report) have been given an average rating of “Moderate Buy” by the eleven brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $11.8889.

A number of research firms have recently issued reports on COMP. Weiss Ratings reiterated a “sell (d-)” rating on shares of Compass in a research note on Wednesday, October 8th. Barclays lifted their price objective on Compass from $13.00 to $15.00 and gave the company an “overweight” rating in a research report on Thursday. Wall Street Zen raised Compass from a “hold” rating to a “buy” rating in a research note on Thursday, January 15th. Needham & Company LLC restated a “buy” rating and issued a $11.00 target price on shares of Compass in a research note on Tuesday, November 4th. Finally, UBS Group set a $10.00 price target on shares of Compass in a research report on Tuesday, January 13th.

View Our Latest Research Report on Compass

Compass Price Performance

Shares of NYSE COMP opened at $12.86 on Thursday. Compass has a 52-week low of $5.66 and a 52-week high of $13.53. The business has a fifty day moving average of $10.72 and a two-hundred day moving average of $8.98.

Compass (NYSE:COMP – Get Free Report) last announced its earnings results on Tuesday, November 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.79 billion. As a group, equities analysts forecast that Compass will post 0.09 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Scott R. Wahlers sold 99,986 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $12.03, for a total transaction of $1,202,831.58. Following the sale, the chief financial officer directly owned 250,073 shares of the company’s stock, valued at $3,008,378.19. This represents a 28.56% 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 link. Also, General Counsel Bradley K. Serwin sold 20,953 shares of the business’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 transaction of $230,483.00. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. Insiders have sold 234,167 shares of company stock worth $2,651,216 over the last quarter. 4.08% of the stock is owned by company insiders.

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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