Brokerages Set Compass, Inc. (NYSE:COMP) PT at $9.61

Compass, Inc. (NYSE:COMP) has earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are currently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $9.75.

COMP has been the topic of a number of research analyst reports. Morgan Stanley raised their target price on shares of Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a research report on Wednesday, February 19th. The Goldman Sachs Group lifted their price target on shares of Compass from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Friday. Oppenheimer lifted their price target on shares of Compass from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Wednesday, February 19th. Barclays lifted their price target on shares of Compass from $7.00 to $9.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 25th. Finally, UBS Group lifted their price target on shares of Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday, February 19th.

Compass Price Performance

Shares of NYSE:COMP opened at $9.41 on Friday. The company’s 50 day simple moving average is $8.00 and its 200 day simple moving average is $6.86. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of -30.34 and a beta of 2.88. 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 (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.02. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. During the same period last year, the firm posted ($0.09) earnings per share. As a group, analysts anticipate that Compass will post 0.09 EPS for the current fiscal year.

Insider Buying and Selling

In other Compass news, General Counsel Bradley K. Serwin sold 137,472 shares of Compass stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.16, for a total value of $1,259,243.52. Following the completion of the sale, the general counsel now directly owns 221,595 shares of the company’s stock, valued at approximately $2,029,810.20. The trade was a 38.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Robert L. Reffkin sold 804,893 shares of Compass stock in a transaction on Monday, January 6th. The shares were sold at an average price of $5.91, for a total transaction of $4,756,917.63. Following the completion of the sale, the chief executive officer now directly owns 2,145,791 shares of the company’s stock, valued at approximately $12,681,624.81. This trade represents a 27.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,926,971 shares of company stock valued at $40,172,099 over the last quarter. Insiders own 6.25% of the company’s stock.

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.