Compass, Inc. (NYSE:COMP) Given Average Rating of “Moderate Buy” by Analysts

Shares of Compass, Inc. (NYSE:COMP) have earned an average rating of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $9.75.

COMP has been the subject of several analyst reports. UBS Group upped their price target on shares of Compass from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Needham & Company LLC restated a “buy” rating and set a $12.00 target price on shares of Compass in a report on Friday, March 14th. Morgan Stanley lifted their price target on Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a research note on Wednesday, February 19th. Barclays increased their price objective on Compass from $7.00 to $9.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 25th. Finally, The Goldman Sachs Group lifted their target price on shares of Compass from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Friday, March 21st.

Insiders Place Their Bets

In other Compass news, CAO Scott R. Wahlers sold 250,000 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $9.27, for a total value of $2,317,500.00. Following the completion of the sale, the chief accounting officer now directly owns 329,187 shares in the company, valued at $3,051,563.49. This trade represents a 43.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Robert L. Reffkin sold 2,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $9.46, for a total value of $18,920,000.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,926,971 shares of company stock worth $40,172,099. 6.25% of the stock is currently owned by company insiders.

Compass Price Performance

NYSE:COMP opened at $9.45 on Friday. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of -30.48 and a beta of 2.88. The business has a 50 day moving average of $8.16 and a 200 day moving average of $6.92. Compass has a 1-year low of $3.03 and a 1-year high of $10.25.

Compass (NYSE:COMP) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the business posted ($0.09) EPS. As a group, sell-side analysts anticipate that Compass will post 0.09 EPS for the current year.

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.