Compass, Inc. (NYSE:COMP) Receives $12.63 Consensus Target Price from Analysts

Shares of Compass, Inc. (NYSE:COMP) have been assigned an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $12.6250.

A number of analysts have recently issued reports on COMP shares. UBS Group dropped their price objective on shares of Compass from $17.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Morgan Stanley lifted their target price on shares of Compass from $11.00 to $12.50 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Barclays decreased their target price on shares of Compass from $15.00 to $12.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Weiss Ratings upgraded shares of Compass from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of Compass in a research report on Wednesday, May 6th.

Compass Stock Down 1.0%

Compass stock opened at $8.32 on Wednesday. Compass has a 1-year low of $5.70 and a 1-year high of $13.95. The firm has a market capitalization of $6.22 billion, a price-to-earnings ratio of 416.00 and a beta of 2.45. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.11. The firm has a 50 day simple moving average of $7.81 and a 200 day simple moving average of $9.70.

Compass (NYSE:COMP) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.20. Compass had a net margin of 0.17% and a return on equity of 1.11%. The business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.67 billion. On average, analysts predict that Compass will post 0.1 earnings per share for the current year.

About Compass

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.