Compass, Inc. (NYSE:COMP) Receives Average Recommendation of “Moderate Buy” from Analysts

Compass, Inc. (NYSE:COMP) has earned an average rating of “Moderate Buy” from the fourteen research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $13.6667.

COMP has been the subject of a number of research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Compass in a research note on Wednesday, January 21st. Compass Point set a $15.00 target price on Compass in a report on Monday, January 26th. Barclays increased their target price on Compass from $13.00 to $15.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Wells Fargo & Company lifted their price target on Compass from $8.00 to $13.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft upgraded Compass from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Tuesday, January 20th.

Compass Trading Down 3.3%

COMP stock opened at $6.85 on Tuesday. The company has a 50 day simple moving average of $10.25 and a 200 day simple moving average of $9.75. Compass has a 1 year low of $5.66 and a 1 year high of $13.95.

Compass (NYSE:COMP) last issued its earnings results on Thursday, February 26th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.69 billion. Compass had a negative net margin of 0.84% and a negative return on equity of 7.99%. Research analysts forecast that Compass will post 0.09 EPS for the current fiscal year.

Insiders Place Their Bets

In other Compass news, CFO Scott R. Wahlers sold 99,986 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $12.03, for a total transaction of $1,202,831.58. Following the sale, the chief financial officer directly owned 250,073 shares of the company’s stock, valued at $3,008,378.19. The trade was a 28.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.08% of the stock is owned by insiders.

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.