Analysts Set Compass, Inc. (NYSE:COMP) Price Target at $4.50

Shares of Compass, Inc. (NYSE:COMP) have been given an average rating of “Hold” by the nine research firms that are currently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $4.78.

COMP has been the subject of several recent research reports. Oppenheimer increased their price objective on Compass from $6.00 to $8.00 and gave the stock an “outperform” rating in a report on Tuesday, September 24th. Needham & Company LLC raised their price target on Compass from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. The Goldman Sachs Group lifted their price target on Compass from $4.00 to $4.50 and gave the company a “buy” rating in a report on Thursday, August 1st. UBS Group increased their price objective on Compass from $4.40 to $6.50 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Barclays lifted their target price on shares of Compass from $4.00 to $5.00 and gave the company an “equal weight” rating in a research note on Thursday, August 1st.

Insider Buying and Selling at Compass

In other news, CEO Robert L. Reffkin sold 27,664 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $4.17, for a total value of $115,358.88. Following the completion of the sale, the chief executive officer now directly owns 393,486 shares in the company, valued at approximately $1,640,836.62. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Compass news, CEO Robert L. Reffkin sold 164,514 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was 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 $4,093,881.40. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Robert L. Reffkin sold 27,664 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $4.17, for a total value of $115,358.88. Following the transaction, the chief executive officer now owns 393,486 shares of the company’s stock, valued at approximately $1,640,836.62. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,267,261 shares of company stock worth $56,222,967 over the last 90 days. Insiders own 6.25% of the company’s stock.

Compass Trading Up 1.6 %

Shares of NYSE COMP opened at $5.66 on Tuesday. The firm has a market capitalization of $2.80 billion, a PE ratio of -9.13 and a beta of 2.93. Compass has a one year low of $1.82 and a one year high of $6.78. The business has a 50-day moving average price of $5.71 and a two-hundred day moving average price of $4.50.

Compass (NYSE:COMP) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.04 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 the consensus estimate of $1.65 billion. During the same period in the previous year, the firm posted ($0.10) earnings per share. Research analysts anticipate that Compass will post -0.38 EPS for the current year.

About Compass

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.