CompoSecure, Inc. (NASDAQ:CMPO) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have earned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $16.19.

A number of brokerages have recently issued reports on CMPO. JPMorgan Chase & Co. dropped their target price on shares of CompoSecure from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Thursday, March 6th. Lake Street Capital dropped their price objective on CompoSecure from $18.00 to $15.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $15.00 price objective on shares of CompoSecure in a research report on Tuesday, May 13th.

Insider Buying and Selling at CompoSecure

In related news, CRO Amanda Mandy Gourbault sold 9,622 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $16.09, for a total value of $154,817.98. Following the completion of the sale, the executive now directly owns 821,782 shares in the company, valued at $13,222,472.38. The trade was a 1.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Adam Joseph Lowe sold 5,000 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the transaction, the insider now owns 1,481,036 shares in the company, valued at $16,306,206.36. The trade was a 0.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 34,340 shares of company stock valued at $430,701 in the last three months. 74.99% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On CompoSecure

Several institutional investors and hedge funds have recently modified their holdings of CMPO. Bwcp LP boosted its holdings in CompoSecure by 10.3% in the 1st quarter. Bwcp LP now owns 773,227 shares of the company’s stock valued at $8,405,000 after purchasing an additional 72,026 shares during the period. AQR Capital Management LLC raised its position in shares of CompoSecure by 27.2% in the first quarter. AQR Capital Management LLC now owns 126,714 shares of the company’s stock valued at $1,377,000 after buying an additional 27,064 shares in the last quarter. Alyeska Investment Group L.P. raised its position in shares of CompoSecure by 20.8% in the first quarter. Alyeska Investment Group L.P. now owns 356,556 shares of the company’s stock valued at $3,876,000 after buying an additional 61,452 shares in the last quarter. Ancora Advisors LLC bought a new stake in shares of CompoSecure in the first quarter valued at approximately $2,422,000. Finally, PDT Partners LLC acquired a new stake in CompoSecure during the first quarter worth approximately $2,157,000. 37.56% of the stock is currently owned by institutional investors and hedge funds.

CompoSecure Stock Up 1.5%

CMPO stock opened at $12.80 on Friday. The business has a 50 day moving average price of $11.00 and a two-hundred day moving average price of $13.71. The company has a market cap of $1.31 billion, a price-to-earnings ratio of -29.09, a P/E/G ratio of 2.63 and a beta of 0.87. CompoSecure has a twelve month low of $5.98 and a twelve month high of $17.71.

CompoSecure (NASDAQ:CMPO) last released its quarterly earnings data on Monday, May 12th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.19 by $0.06. The company had revenue of $103.90 million during the quarter, compared to the consensus estimate of $103.22 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. On average, equities research analysts anticipate that CompoSecure will post 1.02 EPS for the current fiscal year.

About CompoSecure

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.