Compass (NYSE:COMP) Shares Up 7% Following Better-Than-Expected Earnings

Compass, Inc. (NYSE:COMP) shot up 7% on Tuesday following a stronger than expected earnings report. The company traded as high as $8.27 and last traded at $8.3250. 10,057,160 shares traded hands during mid-day trading, an increase of 21% from the average session volume of 8,307,403 shares. The stock had previously closed at $7.78.

The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. Compass had a negative net margin of 0.85% and a negative return on equity of 9.70%. Compass has set its Q4 2025 guidance at EPS.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on COMP shares. Zacks Research cut shares of Compass from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 21st. BTIG Research boosted their target price on shares of Compass from $9.00 to $11.00 and gave the company a “buy” rating in a research report on Wednesday, August 27th. Barclays set a $8.00 target price on shares of Compass and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Oppenheimer boosted their price target on Compass from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Finally, Wells Fargo & Company dropped their price target on Compass from $8.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, July 7th. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Compass presently has an average rating of “Hold” and a consensus price target of $9.67.

Insider Buying and Selling

In other Compass news, General Counsel Bradley K. Serwin sold 13,065 shares of the business’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $9.50, for a total transaction of $124,117.50. Following the completion of the transaction, the general counsel owned 252,221 shares of the company’s stock, valued at approximately $2,396,099.50. The trade was a 4.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.08% of the company’s stock.

Compass Stock Up 6.8%

The stock has a market cap of $4.37 billion, a price-to-earnings ratio of -83.04 and a beta of 2.57. The company has a 50 day simple moving average of $8.27 and a 200 day simple moving average of $7.43.

About Compass

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.