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Compass, Inc. (NYSE:COMP) Given Consensus Rating of "Hold" by Brokerages


Compass, Inc. (NYSE:COMP) Given Consensus Rating of "Hold" by Brokerages

Shares of Compass, Inc. (NYSE:COMP - Get Free Report) have been assigned an average recommendation of "Hold" from the nine analysts that are presently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $4.50.

A number of equities analysts recently commented on COMP shares. Barclays lifted their price target on shares of Compass from $4.00 to $5.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 1st. Needham & Company LLC boosted their price objective on Compass from $5.00 to $6.00 and gave the company a "buy" rating in a report on Thursday, August 1st. Oppenheimer increased their target price on Compass from $6.00 to $8.00 and gave the stock an "outperform" rating in a research note on Tuesday, September 24th. The Goldman Sachs Group upped their price target on shares of Compass from $4.00 to $4.50 and gave the stock a "buy" rating in a report on Thursday, August 1st. Finally, Gordon Haskett raised shares of Compass from an "underperform" rating to a "hold" rating and boosted their price objective for the company from $3.00 to $3.75 in a research report on Tuesday, June 25th.

Check Out Our Latest Research Report on COMP

In other Compass news, CEO Robert L. Reffkin sold 164,514 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $4.90, for a total transaction of $806,118.60. Following the sale, the chief executive officer now owns 835,486 shares of the company's stock, valued at approximately $4,093,881.40. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Compass news, CEO Robert L. Reffkin sold 27,664 shares of the business's stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $4.17, for a total value of $115,358.88. Following the completion of the transaction, the chief executive officer now directly owns 393,486 shares in the company, valued at approximately $1,640,836.62. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Robert L. Reffkin sold 164,514 shares of Compass stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $4.90, for a total transaction of $806,118.60. Following the completion of the transaction, the chief executive officer now directly owns 835,486 shares in the company, valued at approximately $4,093,881.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,267,261 shares of company stock valued at $56,222,967 over the last ninety days. 6.25% of the stock is owned by company insiders.

NYSE:COMP opened at $5.64 on Tuesday. Compass has a 1 year low of $1.82 and a 1 year high of $6.78. The stock's 50 day simple moving average is $5.66 and its two-hundred day simple moving average is $4.48. The company has a market cap of $2.79 billion, a price-to-earnings ratio of -9.10 and a beta of 2.93.

Compass (NYSE:COMP - Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.65 billion. Compass had a negative return on equity of 57.23% and a negative net margin of 4.53%. During the same period in the prior year, the business posted ($0.10) earnings per share. As a group, analysts anticipate that Compass will post -0.38 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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