Compass, Inc. (NYSE:COMP) Receives $4.28 Consensus Target Price from Analysts

Shares of Compass, Inc. (NYSE:COMP) have earned an average rating of “Hold” from the nine research firms that are covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $4.28.

COMP has been the topic of a number of analyst reports. Needham & Company LLC increased their price target on Compass from $5.00 to $6.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. The Goldman Sachs Group increased their target price on Compass from $4.00 to $4.50 and gave the company a “buy” rating in a research note on Thursday, August 1st. Barclays raised their target price on Compass from $4.00 to $5.00 and gave the stock an “equal weight” rating in a report on Thursday, August 1st. UBS Group upped their price target on Compass from $3.50 to $4.00 and gave the company a “neutral” rating in a research note on Tuesday, May 14th. Finally, Gordon Haskett raised shares of Compass from an “underperform” rating to a “hold” rating and lifted their price objective for the stock from $3.00 to $3.75 in a research note on Tuesday, June 25th.

Compass Stock Up 3.6 %

Compass stock opened at $4.51 on Thursday. The business’s 50-day simple moving average is $3.98 and its 200 day simple moving average is $3.75. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of -7.27 and a beta of 2.89. Compass has a 12-month low of $1.82 and a 12-month high of $4.89.

Compass (NYSE:COMP) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.01 by $0.03. Compass had a negative net margin of 4.53% and a negative return on equity of 56.79%. The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the previous year, the company earned ($0.10) EPS. As a group, sell-side analysts expect that Compass will post -0.38 EPS for the current year.

Insider Buying and Selling

In other Compass news, CEO Robert L. Reffkin sold 27,664 shares of the stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $4.17, for a total transaction of $115,358.88. Following the completion of the transaction, the chief executive officer now owns 393,486 shares in the company, valued at approximately $1,640,836.62. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 6.25% of the stock is currently owned by company insiders.

Compass Company Profile

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.