Analysts Set Compass, Inc. (NYSE:COMP) PT at $13.77

Shares of Compass, Inc. (NYSE:COMP) have earned an average rating of “Moderate Buy” from the fifteen brokerages that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $14.1538.

Several equities research analysts recently issued reports on COMP shares. Wells Fargo & Company raised their target price on shares of Compass from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 5th. Morgan Stanley upped their price target on shares of Compass from $11.00 to $12.50 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Zelman & Associates reaffirmed a “hold” rating and set a $13.50 price target on shares of Compass in a research note on Thursday. UBS Group lifted their price target on shares of Compass from $12.00 to $17.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Oppenheimer boosted their price objective on shares of Compass from $15.00 to $18.00 and gave the company an “outperform” rating in a research note on Wednesday.

Compass Stock Down 0.0%

NYSE COMP opened at $12.58 on Monday. The business’s 50-day moving average price is $10.80 and its 200 day moving average price is $9.73. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.11. Compass has a twelve month low of $6.37 and a twelve month high of $13.95.

Compass (NYSE:COMP) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.08 by $0.03. Compass had a return on equity of 4.56% and a net margin of 0.63%.The company had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $4.11 billion. Research analysts expect that Compass will post 0.22 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Compass news, CEO Robert L. Reffkin sold 23,456 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $11.70, for a total transaction of $274,435.20. Following the completion of the sale, the chief executive officer owned 7,757,748 shares of the company’s stock, valued at approximately $90,765,651.60. The trade was a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 70,368 shares of company stock valued at $748,246 in the last 90 days. 2.85% of the stock is currently owned by company insiders.

Key Compass News

Here are the key news stories impacting Compass this week:

• Positive Sentiment: Analysts see additional upside: Wells Fargo raised its price target to $13 from $12 while maintaining an equal-weight rating. Goldman Sachs also increased its target to $12 from $10.50. Zelman & Associates reaffirmed a neutral rating but set a $13.50 target, implying potential upside from recent levels. Wells Fargo Compass analyst update
• Positive Sentiment: Better-than-expected earnings support the stock: Compass reported quarterly revenue of $4.31 billion versus the $4.11 billion consensus estimate and adjusted earnings of $0.11 per share versus expectations of $0.08. Record net income, strong cash flow and faster-than-planned cost synergies reinforce the company’s profitability improvement story. Compass second-quarter results
• Neutral Sentiment: Analyst sentiment remains mixed: Zelman’s neutral rating contrasts with buy and outperform ratings from several other firms. The average analyst target is approximately $14.21, but the high valuation and limited profitability leave investors sensitive to execution and housing-market conditions. Zelman neutral rating
• Neutral Sentiment: CEO insider sale was limited: CEO Robert Reffkin sold 23,456 shares for about $274,000 under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.30%, making it a relatively weak bearish signal. Compass SEC insider filing
• Negative Sentiment: Private-listings controversy is the key overhang: Sen. Elizabeth Warren questioned Compass’s partnership with Chicago’s MRED private-listing network, arguing that the arrangement could increase risks of civil-rights violations and discriminatory access to housing. The criticism adds regulatory, reputational and potential legal risk while a congressional inquiry remains active. Compass defended the strategy as beneficial to consumers and agents, but the controversy may limit near-term upside. Senator Warren questions Compass private listings deal

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.