Compass (NYSE:COMP) PT Raised to $6.50 at UBS Group

Compass (NYSE:COMP) had its price objective upped by UBS Group from $4.40 to $6.50 in a report issued on Tuesday, Benzinga reports. They currently have a neutral rating on the stock.

COMP has been the topic of a number of other research reports. The Goldman Sachs Group boosted their price objective on shares of Compass from $4.00 to $4.50 and gave the company a “buy” rating in a research report on Thursday, August 1st. Gordon Haskett upgraded shares of Compass from an “underperform” rating to a “hold” rating and boosted their price objective for the company from $3.00 to $3.75 in a research report on Tuesday, June 25th. Barclays boosted their price objective on shares of Compass from $4.00 to $5.00 and gave the company an “equal weight” rating in a research report on Thursday, August 1st. Oppenheimer boosted their price objective on shares of Compass from $6.00 to $8.00 and gave the company an “outperform” rating in a research report on Tuesday, September 24th. Finally, Needham & Company LLC boosted their price target on shares of Compass from $5.00 to $6.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $4.78.

Compass Stock Up 1.1 %

Compass stock opened at $5.70 on Tuesday. The company has a market capitalization of $2.82 billion, a PE ratio of -9.19 and a beta of 2.93. The firm has a fifty day simple moving average of $5.66 and a two-hundred day simple moving average of $4.48. Compass has a twelve month low of $1.82 and a twelve month high of $6.78.

Compass (NYSE:COMP) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.03. Compass had a negative net margin of 4.53% and a negative return on equity of 57.23%. The firm had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the previous year, the company earned ($0.10) earnings per share. As a group, equities analysts expect that Compass will post -0.38 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Compass news, CEO Robert L. Reffkin sold 27,664 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $4.17, for a total value of $115,358.88. Following the sale, the chief executive officer now owns 393,486 shares in the company, valued at approximately $1,640,836.62. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Compass news, major shareholder Excalibur (Cayman) Ltd Svf sold 7,500,000 shares of the company’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $6.24, for a total value of $46,800,000.00. Following the sale, the insider now owns 68,070,273 shares in the company, valued at approximately $424,758,503.52. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert L. Reffkin sold 27,664 shares of the company’s stock in a transaction dated 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. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,267,261 shares of company stock worth $56,222,967. 6.25% of the stock is currently owned by company 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.