Compass Minerals International Director Bradley J. Bell Unloads 10,000 Shares (CMP)
Compass Minerals International (NYSE:CMP) Director Bradley J. Bell sold 10,000 shares of the stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $92.28, for a total value of $922,800.00. Following the transaction, the director now directly owns 27,367 shares of the company’s stock, valued at approximately $2,525,427. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of Compass Minerals International from $79.00 to $87.00 in a research note on Thursday, June 5th. They now have a “market perform” rating on the stock. Separately, analysts at Ned Davis Research upgraded shares of Compass Minerals International from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Finally, analysts at Zacks upgraded shares of Compass Minerals International from a “neutral” rating to an “outperform” rating in a research note on Friday, May 2nd. They now have a $94.60 price target on the stock. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $93.23.
Shares of Compass Minerals International (NYSE:CMP) traded up 1.90% during mid-day trading on Wednesday, hitting $93.28. 254,475 shares of the company’s stock traded hands. Compass Minerals International has a 52-week low of $64.24 and a 52-week high of $94.33. The stock’s 50-day moving average is $91.09 and its 200-day moving average is $83.69. The company has a market cap of $3.128 billion and a P/E ratio of 22.93.
Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Monday, April 28th. The company reported $1.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.42 by $0.07. The company had revenue of $422.00 million for the quarter, compared to the consensus estimate of $393.15 million. During the same quarter last year, the company posted $1.38 earnings per share. Compass Minerals International’s revenue was up 10.0% compared to the same quarter last year. Analysts expect that Compass Minerals International will post $4.30 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 13th. Shareholders of record on Friday, May 30th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date of this dividend is Wednesday, May 28th.
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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