Compass, Inc. (NYSE:COMP) Receives Average Recommendation of “Moderate Buy” from Analysts

Compass, Inc. (NYSE:COMP) has earned a consensus rating of “Moderate Buy” from the thirteen research firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $13.6364.

Several equities analysts have issued reports on COMP shares. Compass Point set a $15.00 price objective on shares of Compass in a research note on Monday, January 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Compass in a report on Wednesday, January 21st. BTIG Research upped their target price on Compass from $12.50 to $15.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. JPMorgan Chase & Co. started coverage on Compass in a research report on Monday, January 26th. They set an “overweight” rating and a $15.00 price target on the stock. Finally, Barclays increased their price objective on Compass from $13.00 to $15.00 and gave the company an “overweight” rating in a report on Thursday, January 15th.

Insider Buying and Selling

In other Compass news, CFO Scott R. Wahlers sold 99,986 shares of Compass stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $12.03, for a total value of $1,202,831.58. Following the transaction, the chief financial officer directly owned 250,073 shares in the company, valued at approximately $3,008,378.19. The trade was a 28.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.08% of the company’s stock.

Compass Stock Down 2.0%

Shares of COMP opened at $8.82 on Friday. The company has a market capitalization of $4.97 billion, a price-to-earnings ratio of -88.21 and a beta of 2.57. Compass has a 52-week low of $5.66 and a 52-week high of $13.95. The stock has a 50 day moving average price of $11.32 and a 200 day moving average price of $9.88.

Compass (NYSE:COMP) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.01). Compass had a negative return on equity of 7.99% and a negative net margin of 0.84%.The company had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.69 billion. On average, equities analysts anticipate that Compass will post 0.09 EPS for the current fiscal 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.