CompoSecure (CMPO) Projected to Post Earnings on Wednesday

CompoSecure (NASDAQ:CMPO) will likely be releasing its earnings data before the market opens on Wednesday, March 5th. Analysts expect CompoSecure to post earnings of $0.23 per share and revenue of $100.90 million for the quarter.

CompoSecure Stock Down 3.9 %

Shares of CMPO stock opened at $15.34 on Wednesday. The business has a 50 day moving average of $15.46 and a two-hundred day moving average of $14.50. CompoSecure has a 52 week low of $4.61 and a 52 week high of $17.71. The company has a market cap of $1.35 billion, a P/E ratio of -34.86, a PEG ratio of 2.63 and a beta of 0.78.

Insider Activity

In related news, insider Adam Joseph Lowe sold 66,350 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $15.91, for a total transaction of $1,055,628.50. Following the sale, the insider now owns 1,358,692 shares of the company’s stock, valued at $21,616,789.72. The trade was a 4.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Resolute Compo Holdings Llc bought 221,186 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The shares were purchased at an average cost of $15.01 per share, for a total transaction of $3,320,001.86. Following the acquisition, the director now owns 221,186 shares of the company’s stock, valued at $3,320,001.86. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 659,376 shares of company stock valued at $10,429,021 and have sold 156,337 shares valued at $2,525,818. Corporate insiders own 74.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on CMPO. Benchmark restated a “buy” rating and issued a $17.00 target price on shares of CompoSecure in a research note on Tuesday, November 12th. Needham & Company LLC restated a “buy” rating and issued a $16.00 target price on shares of CompoSecure in a research note on Monday, November 11th. B. Riley lifted their price target on CompoSecure from $18.00 to $23.00 and gave the company a “buy” rating in a report on Monday, November 11th. TD Cowen assumed coverage on CompoSecure in a report on Wednesday, December 18th. They set a “buy” rating and a $20.00 price target on the stock. Finally, JPMorgan Chase & Co. lifted their price target on CompoSecure from $12.00 to $16.00 and gave the company a “neutral” rating in a report on Monday, December 2nd. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.81.

CompoSecure Company Profile

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.