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Compass Minerals International (NYSE:CMP) was upgraded by equities researchers at TheStreet from a “hold” rating to a “buy” rating in a research report issued on Wednesday, StockRatingsNetwork reports.

The analysts wrote, “Compass Minerals International (CMP) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its increase in net income, revenue growth, increase in stock price during the past year, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.”

Compass Minerals International (NYSE:CMP) traded up 4.34% during mid-day trading on Wednesday, hitting $85.03. The stock had a trading volume of 131,022 shares. Compass Minerals International has a 1-year low of $64.24 and a 1-year high of $91.88. The stock’s 50-day moving average is $80.79 and its 200-day moving average is $76.21. The company has a market cap of $2.846 billion and a price-to-earnings ratio of 26.76.

Compass Minerals International (NYSE:CMP) last released its earnings data on Tuesday, February 11th. The company reported $1.65 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.71 by $0.06. The company had revenue of $387.40 million for the quarter, compared to the consensus estimate of $363.61 million. During the same quarter last year, the company posted $1.02 earnings per share. Compass Minerals International’s revenue was up 45.0% compared to the same quarter last year. Analysts expect that Compass Minerals International will post $3.78 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.95%.

A number of other firms have also recently commented on CMP. Analysts at Credit Suisse upgraded shares of Compass Minerals International from an “underperform” rating to a “neutral” rating in a research note on Thursday, February 6th. They now have a $88.00 price target on the stock, up previously from $68.00. Separately, analysts at Zacks upgraded shares of Compass Minerals International from an “underperform” rating to a “neutral” rating in a research note on Wednesday, January 29th. They now have a $80.70 price target on the stock. Finally, analysts at Zacks downgraded shares of Compass Minerals International from a “neutral” rating to an “underperform” rating in a research note on Tuesday, December 31st. They now have a $77.50 price target on the stock. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Compass Minerals International currently has an average rating of “Hold” and a consensus price target of $81.68.

Compass Minerals International, Inc (NYSE:CMP) is a producer of minerals, including salt, sulfate of potash specialty fertilizer (SOP) and magnesium chloride.

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