CompoSecure, Inc. (NASDAQ:CMPO) Receives $25.50 Average Price Target from Analysts

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have earned an average rating of “Buy” from the six brokerages that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a buy rating. The average 12-month price target among brokers that have issued a report on the stock in the last year is $25.50.

A number of research analysts have recently commented on CMPO shares. TD Cowen reiterated a “buy” rating on shares of CompoSecure in a report on Tuesday, November 4th. Needham & Company LLC upped their target price on shares of CompoSecure from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Lake Street Capital reissued a “buy” rating on shares of CompoSecure in a report on Wednesday, December 24th. Benchmark boosted their target price on CompoSecure from $24.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of CompoSecure in a research note on Thursday, January 8th.

Institutional Trading of CompoSecure

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its holdings in CompoSecure by 27.2% in the 1st quarter. AQR Capital Management LLC now owns 126,714 shares of the company’s stock valued at $1,377,000 after acquiring an additional 27,064 shares during the period. KLP Kapitalforvaltning AS lifted its stake in CompoSecure by 73.5% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 8,500 shares of the company’s stock valued at $120,000 after purchasing an additional 3,600 shares during the last quarter. Ritholtz Wealth Management grew its position in CompoSecure by 11.5% during the 2nd quarter. Ritholtz Wealth Management now owns 45,505 shares of the company’s stock worth $641,000 after acquiring an additional 4,685 shares during the last quarter. AlphaQuest LLC increased its stake in shares of CompoSecure by 15.0% in the second quarter. AlphaQuest LLC now owns 7,625 shares of the company’s stock valued at $107,000 after buying an additional 994 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of CompoSecure during the second quarter worth $311,000. 37.56% of the stock is owned by institutional investors.

CompoSecure Price Performance

Shares of CMPO opened at $23.51 on Tuesday. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of -13.99 and a beta of 0.98. The business’s 50-day moving average is $22.33 and its 200-day moving average is $20.51. CompoSecure has a fifty-two week low of $9.24 and a fifty-two week high of $26.78.

CompoSecure Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a dividend of $0.0025 per share. This represents a $0.01 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Friday, February 13th.

About CompoSecure

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.