Compass (COMP) to Release Quarterly Earnings on Tuesday

Compass (NYSE:COMP) will likely be issuing its quarterly earnings data after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $1.38 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Compass Stock Up 0.8 %

Shares of COMP stock opened at $7.50 on Thursday. Compass has a 12 month low of $2.89 and a 12 month high of $7.95. The firm has a market cap of $3.83 billion, a PE ratio of -18.75 and a beta of 2.95. The stock has a 50 day moving average of $6.57 and a 200-day moving average of $6.07.

Insider Activity at Compass

In related news, CEO Robert L. Reffkin sold 42,717 shares of the stock in a transaction on Friday, January 17th. The shares were sold at an average price of $6.90, for a total transaction of $294,747.30. Following the transaction, the chief executive officer now owns 1,957,283 shares of the company’s stock, valued at approximately $13,505,252.70. This trade represents a 2.14 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of the stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $6.33, for a total value of $63,300,000.00. Following the sale, the insider now owns 58,070,273 shares of the company’s stock, valued at $367,584,828.09. This represents a 14.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,000,118 shares of company stock worth $75,813,600. Company insiders own 6.25% of the company’s stock.

Analyst Ratings Changes

COMP has been the subject of a number of research analyst reports. Barclays lifted their target price on shares of Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 11th. The Goldman Sachs Group upped their price objective on shares of Compass from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Needham & Company LLC reissued a “buy” rating and issued a $10.00 price target on shares of Compass in a research note on Thursday, January 16th. UBS Group upgraded Compass from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $7.00 to $11.00 in a research note on Tuesday. Finally, Oppenheimer lifted their price target on Compass from $8.50 to $9.50 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.65.

Compass Company Profile

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 in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.