Compass (NYSE:COMP) Trading Down 4.1%

Compass, Inc. (NYSE:COMP) shares were down 4.1% during trading on Wednesday . The stock traded as low as $6.27 and last traded at $6.32. Approximately 930,642 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 4,687,262 shares. The stock had previously closed at $6.59.

Analyst Ratings Changes

Several analysts recently commented on COMP shares. Gordon Haskett raised Compass from an “underperform” rating to a “hold” rating and lifted their price objective for the stock from $3.00 to $3.75 in a report on Tuesday, June 25th. Needham & Company LLC lifted their price objective on Compass from $5.00 to $6.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. The Goldman Sachs Group lifted their price objective on Compass from $4.00 to $4.50 and gave the stock a “buy” rating in a report on Thursday, August 1st. Barclays lifted their price objective on Compass from $4.00 to $5.00 and gave the stock an “equal weight” rating in a report on Thursday, August 1st. Finally, Oppenheimer boosted their price target on Compass from $6.00 to $8.00 and gave the company an “outperform” rating in a report on Tuesday. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $4.50.

Compass Stock Down 5.9 %

The company has a market cap of $3.07 billion, a P/E ratio of -10.10 and a beta of 2.91. The firm has a 50 day moving average of $5.06 and a 200-day moving average of $4.14.

Compass (NYSE:COMP) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.03. The company had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Compass had a negative return on equity of 57.23% and a negative net margin of 4.53%. During the same quarter in the prior year, the firm earned ($0.10) earnings per share. On average, research analysts predict that Compass, Inc. will post -0.39 EPS for the current fiscal year.

Insider Buying and Selling at Compass

In other Compass news, CEO Robert L. Reffkin sold 27,664 shares of the stock in a transaction on Monday, August 12th. The stock was sold at an average price of $4.17, for a total transaction of $115,358.88. Following the sale, the chief executive officer now owns 393,486 shares of the company’s stock, valued at approximately $1,640,836.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Robert L. Reffkin sold 27,664 shares of the stock in a transaction on Monday, August 12th. The stock was sold at an average price of $4.17, for a total transaction of $115,358.88. Following the completion of the sale, the chief executive officer now owns 393,486 shares in the company, valued at approximately $1,640,836.62. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Robert L. Reffkin sold 164,514 shares of the stock in a transaction on Monday, August 19th. The shares were sold at an average price of $4.90, for a total value of $806,118.60. Following the sale, the chief executive officer now owns 835,486 shares of the company’s stock, valued at approximately $4,093,881.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,267,261 shares of company stock valued at $56,222,967. 6.25% of the stock is currently owned by corporate insiders.

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.