CompoSecure, Inc. (NASDAQ:CMPO) Receives Average Rating of “Moderate Buy” from Analysts

CompoSecure, Inc. (NASDAQ:CMPO) has been assigned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $15.07.

Several equities research analysts have recently weighed in on CMPO shares. Compass Point raised their price objective on CompoSecure from $11.50 to $14.50 and gave the stock a “buy” rating in a research note on Tuesday, August 20th. Bank of America raised their price objective on CompoSecure from $9.00 to $10.00 and gave the stock a “buy” rating in a research note on Thursday, August 8th. Benchmark increased their target price on CompoSecure from $12.00 to $17.00 and gave the company a “buy” rating in a report on Wednesday, September 18th. JPMorgan Chase & Co. increased their target price on CompoSecure from $8.00 to $12.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Finally, Lake Street Capital increased their target price on CompoSecure from $14.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd.

CompoSecure Stock Performance

Shares of NASDAQ CMPO opened at $15.21 on Wednesday. The stock has a fifty day moving average price of $13.33 and a two-hundred day moving average price of $9.45. The firm has a market cap of $1.23 billion, a P/E ratio of 15.68, a PEG ratio of 1.05 and a beta of 0.78. CompoSecure has a 1 year low of $4.61 and a 1 year high of $15.76.

CompoSecure (NASDAQ:CMPO) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.01. The firm had revenue of $108.57 million during the quarter, compared to analyst estimates of $102.22 million. CompoSecure had a negative return on equity of 11.78% and a net margin of 6.33%. During the same period last year, the company posted $0.25 EPS. On average, research analysts predict that CompoSecure will post 1.1 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Adam Joseph Lowe sold 5,730 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $12.05, for a total transaction of $69,046.50. Following the completion of the sale, the insider now directly owns 1,292,219 shares in the company, valued at approximately $15,571,238.95. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other CompoSecure news, insider Adam Joseph Lowe sold 5,730 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $12.05, for a total transaction of $69,046.50. Following the transaction, the insider now directly owns 1,292,219 shares in the company, valued at $15,571,238.95. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO Amanda Mandy Gourbault sold 130,859 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $11.08, for a total value of $1,449,917.72. Following the transaction, the executive now owns 908,641 shares in the company, valued at approximately $10,067,742.28. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,867,586 shares of company stock worth $82,870,442. Corporate insiders own 74.99% of the company’s stock.

Hedge Funds Weigh In On CompoSecure

Institutional investors have recently bought and sold shares of the stock. CWM LLC raised its holdings in CompoSecure by 205.9% during the second quarter. CWM LLC now owns 3,656 shares of the company’s stock valued at $25,000 after buying an additional 2,461 shares in the last quarter. nVerses Capital LLC bought a new position in CompoSecure during the third quarter valued at about $72,000. Sandia Investment Management LP bought a new position in CompoSecure during the second quarter valued at about $68,000. Rowlandmiller & PARTNERS.ADV bought a new position in CompoSecure during the third quarter valued at about $149,000. Finally, Ritholtz Wealth Management acquired a new stake in shares of CompoSecure in the second quarter valued at about $84,000. 37.56% of the stock is currently owned by institutional investors.

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.