Compass, Inc. (NYSE:COMP) Receives Consensus Rating of “Buy” from Analysts

Shares of Compass, Inc. (NYSE:COMPGet Rating) have been given a consensus rating of “Buy” by the nine ratings firms that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $15.64.

A number of analysts have commented on the stock. Morgan Stanley lowered their target price on shares of Compass from $24.00 to $22.00 in a report on Wednesday, January 19th. Berenberg Bank initiated coverage on shares of Compass in a report on Tuesday, January 11th. They set a “buy” rating and a $11.00 target price for the company. Zelman & Associates initiated coverage on shares of Compass in a report on Friday, April 22nd. They issued a “hold” rating for the company. Needham & Company LLC decreased their price target on shares of Compass from $18.00 to $13.00 and set a “buy” rating for the company in a report on Thursday, February 17th. Finally, Zacks Investment Research lowered shares of Compass from a “buy” rating to a “hold” rating in a report on Wednesday, March 30th.

COMP opened at $5.46 on Friday. The company has a fifty day moving average price of $6.72 and a two-hundred day moving average price of $8.70. Compass has a 52 week low of $5.26 and a 52 week high of $17.70. The firm has a market capitalization of $2.25 billion and a PE ratio of -2.30.

Compass (NYSE:COMPGet Rating) last released its earnings results on Wednesday, February 16th. The company reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.06). Compass had a negative return on equity of 64.94% and a negative net margin of 7.70%. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same period in the prior year, the firm posted ($0.36) EPS. Compass’s revenue was up 31.1% on a year-over-year basis. Equities analysts forecast that Compass will post -0.87 earnings per share for the current fiscal year.

About Compass (Get Rating)

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, as well as brokerage and adjacent services in the real estate industry.

See Also

Analyst Recommendations for Compass (NYSE:COMP)

Receive News & Ratings for Compass Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass and related companies with's FREE daily email newsletter.