CompoSecure (NASDAQ:CMPO) Stock Rating Reaffirmed by Benchmark

Benchmark restated their buy rating on shares of CompoSecure (NASDAQ:CMPO) in a report released on Wednesday, Benzinga reports. They currently have a $8.00 price target on the stock.

Separately, B. Riley upped their price target on CompoSecure from $14.00 to $17.00 and gave the company a buy rating in a research report on Thursday, March 7th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of $11.83.

CompoSecure Trading Down 0.2 %

NASDAQ:CMPO opened at $6.60 on Wednesday. CompoSecure has a 12 month low of $4.61 and a 12 month high of $7.57. The stock has a 50 day moving average of $6.06 and a two-hundred day moving average of $5.66. The firm has a market cap of $531.50 million, a P/E ratio of 7.25 and a beta of 0.72.

CompoSecure (NASDAQ:CMPO) last posted its quarterly earnings results on Wednesday, March 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.04. The business had revenue of $99.90 million during the quarter, compared to analyst estimates of $95.86 million. CompoSecure had a negative return on equity of 10.41% and a net margin of 4.82%. On average, research analysts forecast that CompoSecure will post 1.09 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Impact Partnership Wealth LLC lifted its stake in CompoSecure by 20.5% during the third quarter. Impact Partnership Wealth LLC now owns 11,268 shares of the company’s stock worth $73,000 after purchasing an additional 1,916 shares in the last quarter. AE Wealth Management LLC acquired a new stake in shares of CompoSecure in the third quarter valued at $74,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of CompoSecure in the third quarter valued at $150,000. Allspring Global Investments Holdings LLC raised its stake in shares of CompoSecure by 67.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 25,430 shares of the company’s stock valued at $164,000 after acquiring an additional 10,259 shares in the last quarter. Finally, Kerrisdale Advisers LLC acquired a new stake in shares of CompoSecure in the third quarter valued at $267,000. 37.56% of the stock is currently owned by institutional investors and hedge funds.

CompoSecure Company Profile

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.