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

Shares of Compass, Inc. (NYSE:COMP) have been assigned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $8.69.

A number of equities analysts have weighed in on the company. Morgan Stanley upped their price target on Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a report on Wednesday, February 19th. UBS Group upped their price target on Compass from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Oppenheimer upped their price target on Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a research report on Wednesday, February 19th. The Goldman Sachs Group upped their price target on Compass from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Finally, Barclays upped their price target on Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th.

Insider Buying and Selling

In other news, CEO Robert L. Reffkin sold 2,000,000 shares of the stock in a transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Scott R. Wahlers sold 250,000 shares of the stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $9.27, for a total value of $2,317,500.00. Following the completion of the transaction, the chief accounting officer now directly owns 329,187 shares of the company’s stock, valued at approximately $3,051,563.49. The trade was a 43.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,926,971 shares of company stock worth $103,472,099 in the last three months. 6.25% of the stock is owned by insiders.

Compass Price Performance

COMP opened at $9.01 on Monday. The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of -29.05 and a beta of 2.95. The business has a 50-day moving average of $6.80 and a two-hundred day moving average of $6.29. Compass has a 12 month low of $2.89 and a 12 month high of $10.25.

Compass (NYSE:COMP) last issued its earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the previous year, the business earned ($0.09) EPS. Equities research analysts anticipate that Compass will post 0.09 earnings per share 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.