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

Shares of Compass, Inc. (NYSE:COMP) have been given an average rating of “Moderate Buy” by the thirteen research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $13.6364.

Several equities research analysts have recently weighed in on COMP shares. Barclays raised their target price on Compass from $13.00 to $15.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Odeon Capital Group assumed coverage on shares of Compass in a report on Wednesday, November 19th. They set a “buy” rating on the stock. The Goldman Sachs Group started coverage on shares of Compass in a research report on Tuesday, January 27th. They set a “neutral” rating and a $14.00 price objective for the company. Compass Point set a $15.00 target price on shares of Compass in a research report on Monday, January 26th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Compass in a research note on Monday, January 26th. They set an “overweight” rating and a $15.00 price target on the stock.

Insider Activity

In other news, CFO Scott R. Wahlers sold 99,986 shares of Compass stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $12.03, for a total transaction of $1,202,831.58. Following the sale, the chief financial officer owned 250,073 shares in the company, valued at approximately $3,008,378.19. The trade was a 28.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.08% of the company’s stock.

Compass Trading Down 1.3%

Shares of COMP stock opened at $9.37 on Friday. The company has a market cap of $5.28 billion, a P/E ratio of -93.69 and a beta of 2.57. The firm has a fifty day moving average price of $11.43 and a 200 day moving average price of $9.86. Compass has a 12 month low of $5.66 and a 12 month high of $13.95.

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

Compass Company Profile

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.