CompoSecure, Inc. (NASDAQ:CMPO) Receives Consensus Rating of “Buy” from Brokerages

CompoSecure, Inc. (NASDAQ:CMPO) has been assigned a consensus rating of “Buy” from the six brokerages that are currently covering the company, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $25.50.

CMPO has been the topic of a number of recent research reports. Needham & Company LLC upped their target price on CompoSecure from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Lake Street Capital reissued a “buy” rating on shares of CompoSecure in a report on Wednesday, December 24th. TD Cowen restated a “buy” rating on shares of CompoSecure in a research report on Tuesday, November 4th. Benchmark increased their price objective on CompoSecure from $24.00 to $32.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of CompoSecure in a research note on Thursday, January 8th.

Hedge Funds Weigh In On CompoSecure

Several institutional investors and hedge funds have recently modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in CompoSecure by 19.9% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 23,915 shares of the company’s stock worth $461,000 after acquiring an additional 3,968 shares during the last quarter. Contravisory Investment Management Inc. purchased a new position in shares of CompoSecure during the 4th quarter worth $233,000. SG Americas Securities LLC lifted its stake in shares of CompoSecure by 277.5% during the 4th quarter. SG Americas Securities LLC now owns 132,455 shares of the company’s stock worth $2,554,000 after purchasing an additional 97,366 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of CompoSecure by 96.2% during the third quarter. JPMorgan Chase & Co. now owns 574,171 shares of the company’s stock worth $11,954,000 after purchasing an additional 281,488 shares during the last quarter. Finally, Cambria Investment Management L.P. grew its position in shares of CompoSecure by 25.0% in the third quarter. Cambria Investment Management L.P. now owns 39,623 shares of the company’s stock valued at $825,000 after purchasing an additional 7,920 shares during the period. Hedge funds and other institutional investors own 37.56% of the company’s stock.

CompoSecure Price Performance

Shares of NASDAQ CMPO opened at $25.23 on Friday. The firm’s 50-day moving average is $20.48 and its two-hundred day moving average is $19.14. The company has a market capitalization of $3.19 billion, a PE ratio of -15.01 and a beta of 0.98. CompoSecure has a 12-month low of $9.24 and a 12-month high of $26.78.

About CompoSecure

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.