Compass Minerals International (NYSE:CMP) Announces Earnings Results

Compass Minerals International (NYSE:CMP) issued its quarterly earnings results on Monday. The basic materials company reported ($0.77) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.82), Briefing.com reports. The business had revenue of $208.80 million for the quarter, compared to analyst estimates of $323.61 million. Compass Minerals International had a positive return on equity of 4.75% and a negative net margin of 14.81%. The business’s revenue was down 38.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.05 earnings per share. Compass Minerals International updated its FY 2025 guidance to EPS.

Compass Minerals International Stock Down 3.3 %

Compass Minerals International stock opened at $12.64 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 2.90 and a debt-to-equity ratio of 2.47. The firm has a 50 day moving average price of $13.59 and a 200-day moving average price of $11.90. Compass Minerals International has a twelve month low of $7.51 and a twelve month high of $27.10. The company has a market capitalization of $523.71 million, a P/E ratio of -3.08 and a beta of 1.17.

Analysts Set New Price Targets

CMP has been the topic of several recent analyst reports. BMO Capital Markets reissued a “market perform” rating and issued a $20.00 price target on shares of Compass Minerals International in a research note on Wednesday, September 18th. StockNews.com raised shares of Compass Minerals International to a “sell” rating in a research note on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $31.00.

Compass Minerals International Company Profile

Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products.