Compass Minerals International, Inc. (NYSE:CMP) has been assigned a consensus rating of “Hold” from the seven research firms that are covering the firm. Four analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $87.67.

Several equities research analysts recently commented on the company. TheStreet downgraded Compass Minerals International from a “b” rating to a “c+” rating in a report on Wednesday, March 29th. BMO Capital Markets reiterated a “hold” rating and set a $75.00 target price on shares of Compass Minerals International in a report on Monday, May 15th. Finally, Zacks Investment Research upgraded Compass Minerals International from a “sell” rating to a “hold” rating in a report on Tuesday, May 16th.

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Hedge funds and other institutional investors have recently modified their holdings of the company. Elkfork Partners LLC raised its position in shares of Compass Minerals International by 26.8% in the first quarter. Elkfork Partners LLC now owns 1,562 shares of the basic materials company’s stock valued at $106,000 after buying an additional 330 shares during the last quarter. Archford Capital Strategies LLC raised its position in shares of Compass Minerals International by 59.6% in the fourth quarter. Archford Capital Strategies LLC now owns 1,834 shares of the basic materials company’s stock valued at $143,000 after buying an additional 685 shares during the last quarter. Meadow Creek Investment Management LLC raised its position in shares of Compass Minerals International by 26.8% in the first quarter. Meadow Creek Investment Management LLC now owns 1,988 shares of the basic materials company’s stock valued at $135,000 after buying an additional 420 shares during the last quarter. Glen Harbor Capital Management LLC raised its position in shares of Compass Minerals International by 26.8% in the first quarter. Glen Harbor Capital Management LLC now owns 2,414 shares of the basic materials company’s stock valued at $164,000 after buying an additional 510 shares during the last quarter. Finally, NEXT Financial Group Inc raised its position in shares of Compass Minerals International by 122.2% in the first quarter. NEXT Financial Group Inc now owns 2,666 shares of the basic materials company’s stock valued at $176,000 after buying an additional 1,466 shares during the last quarter.

Shares of Compass Minerals International (NYSE:CMP) traded down 0.23% during mid-day trading on Friday, reaching $65.10. 207,721 shares of the company’s stock were exchanged. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 16.44 and a beta of 0.51. The stock has a 50 day moving average price of $67.26 and a 200 day moving average price of $74.36. Compass Minerals International has a 52 week low of $62.70 and a 52 week high of $84.40.

Compass Minerals International (NYSE:CMP) last announced its earnings results on Wednesday, May 3rd. The basic materials company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.43 by $0.20. The business had revenue of $387.80 million for the quarter, compared to the consensus estimate of $386.97 million. Compass Minerals International had a return on equity of 16.02% and a net margin of 14.30%. The company’s revenue was up 12.2% on a year-over-year basis. During the same period last year, the business posted $1.46 EPS. Equities research analysts predict that Compass Minerals International will post $3.12 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st will be given a $0.72 dividend. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $2.88 annualized dividend and a dividend yield of 4.41%. Compass Minerals International’s payout ratio is 58.16%.

Compass Minerals International Company Profile

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

12 Month Chart for NYSE:CMP

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