Brokerages Set Compass, Inc. (NYSE:COMP) PT at $8.69

Shares of Compass, Inc. (NYSE:COMP) have earned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $9.61.

A number of equities analysts have recently weighed in on COMP shares. Oppenheimer boosted their price target on Compass from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Wednesday, February 19th. Needham & Company LLC boosted their target price on shares of Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, February 19th. UBS Group raised their price target on shares of Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday, February 19th. Barclays boosted their price objective on shares of Compass from $7.00 to $9.00 and gave the company an “equal weight” rating in a research report on Tuesday. Finally, Morgan Stanley upped their price objective on shares of Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a research note on Wednesday, February 19th.

Compass Stock Performance

NYSE:COMP opened at $9.01 on Monday. The company has a market capitalization of $4.60 billion, a P/E ratio of -29.06 and a beta of 2.95. The firm has a 50-day moving average price of $7.09 and a two-hundred day moving average price of $6.43. Compass has a twelve month low of $2.89 and a twelve month high of $10.25.

Compass (NYSE:COMP) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period last year, the company posted ($0.09) EPS. On average, equities research analysts predict that Compass will post 0.09 earnings per share for the current year.

Insider Transactions at Compass

In other Compass news, CAO Scott R. Wahlers sold 250,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $9.27, for a total transaction of $2,317,500.00. Following the transaction, the chief accounting officer now owns 329,187 shares of the company’s stock, valued at $3,051,563.49. This trade represents a 43.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Pamela Thomas-Graham sold 35,683 shares of the business’s stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.00, for a total transaction of $321,147.00. Following the sale, the director now directly owns 93,990 shares of the company’s stock, valued at $845,910. This represents a 27.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 14,926,971 shares of company stock worth $103,472,099 in the last three months. Company insiders own 6.25% of the company’s stock.

Compass Company Profile

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.