Brokerages Set Compass, Inc. (NYSE:COMP) Target Price at $3.83

Shares of Compass, Inc. (NYSE:COMPGet Free Report) have been assigned an average rating of “Hold” from the nine research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $3.83.

A number of analysts recently weighed in on COMP shares. Barclays upped their price objective on shares of Compass from $2.50 to $4.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 5th. Oppenheimer reaffirmed an “outperform” rating and issued a $6.00 price objective (up from $5.50) on shares of Compass in a research note on Wednesday, February 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $5.00 price objective on shares of Compass in a research note on Thursday, May 9th. UBS Group upped their price objective on shares of Compass from $3.50 to $4.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. Finally, BTIG Research lowered their price objective on shares of Compass from $4.50 to $4.30 and set a “buy” rating for the company in a research note on Thursday, February 29th.

Check Out Our Latest Analysis on Compass

Insiders Place Their Bets

In other Compass news, major shareholder Excalibur (Cayman) Ltd Svf sold 16,900,000 shares of the business’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $4.30, for a total value of $72,670,000.00. Following the completion of the transaction, the insider now directly owns 75,570,273 shares in the company, valued at $324,952,173.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.25% of the stock is currently owned by corporate insiders.

Compass Trading Up 1.1 %

Shares of COMP opened at $3.53 on Wednesday. The firm has a market capitalization of $1.75 billion, a P/E ratio of -5.69 and a beta of 2.91. Compass has a 12-month low of $1.82 and a 12-month high of $4.68. The firm has a fifty day moving average price of $3.67 and a 200-day moving average price of $3.54.

Compass (NYSE:COMPGet Free Report) last issued its earnings results on Wednesday, May 8th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.07). The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Compass had a negative net margin of 6.10% and a negative return on equity of 71.71%. Analysts predict that Compass will post -0.37 earnings per share for the current year.

About Compass

(Get Free Report

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.

Further Reading

Analyst Recommendations for Compass (NYSE:COMP)

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