Analysts Set CompoSecure, Inc. (NASDAQ:CMPO) Price Target at $25.50

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have earned an average rating of “Buy” from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $25.50.

CMPO has been the subject of several research reports. Lake Street Capital reissued a “buy” rating on shares of CompoSecure in a report on Wednesday, December 24th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of CompoSecure in a research report on Thursday, January 8th.

Hedge Funds Weigh In On CompoSecure

Institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC increased its holdings in CompoSecure by 27.2% during the first quarter. AQR Capital Management LLC now owns 126,714 shares of the company’s stock valued at $1,377,000 after buying an additional 27,064 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of CompoSecure by 9.0% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 12,363 shares of the company’s stock worth $174,000 after acquiring an additional 1,024 shares during the last quarter. Jupiter Asset Management Ltd. grew its position in shares of CompoSecure by 319.0% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 570,633 shares of the company’s stock valued at $8,040,000 after acquiring an additional 434,456 shares during the period. Geode Capital Management LLC grew its position in shares of CompoSecure by 35.9% during the 2nd quarter. Geode Capital Management LLC now owns 1,077,106 shares of the company’s stock valued at $15,179,000 after acquiring an additional 284,667 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey increased its stake in shares of CompoSecure by 65.2% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 10,240 shares of the company’s stock worth $144,000 after purchasing an additional 4,042 shares in the last quarter. Hedge funds and other institutional investors own 37.56% of the company’s stock.

CompoSecure Price Performance

NASDAQ:CMPO opened at $16.51 on Friday. The company’s 50-day simple moving average is $23.02 and its 200 day simple moving average is $20.95. CompoSecure has a one year low of $9.24 and a one year high of $26.78. The firm has a market capitalization of $2.09 billion, a P/E ratio of -9.83 and a beta of 0.98.

CompoSecure Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a dividend of $0.0025 per share. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.01 annualized dividend and a dividend yield of 0.1%.

CompoSecure Company Profile

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.