Compass Minerals International, Inc. (NYSE:CMP) – Stock analysts at KeyCorp lowered their Q3 2017 EPS estimates for Compass Minerals International in a research report issued on Monday. KeyCorp analyst M. Sison now expects that the basic materials company will earn $0.79 per share for the quarter, down from their previous estimate of $0.89.

Several other research analysts have also commented on the company. Monness Crespi & Hardt raised Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price target for the company in a research report on Monday. J P Morgan Chase & Co upgraded shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 target price for the company in a research note on Monday, September 25th. Stifel Nicolaus reiterated a “buy” rating and set a $84.00 price target on shares of Compass Minerals International in a research note on Thursday, September 21st. BidaskClub raised Compass Minerals International from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 23rd. Finally, Zacks Investment Research raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Compass Minerals International presently has a consensus rating of “Hold” and an average target price of $76.83.

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Compass Minerals International (NYSE CMP) opened at 66.20 on Wednesday. The stock’s 50 day moving average is $66.61 and its 200-day moving average is $66.73. Compass Minerals International has a 52-week low of $59.72 and a 52-week high of $84.40. The company has a market capitalization of $2.24 billion, a P/E ratio of 18.50 and a beta of 0.44.

Compass Minerals International (NYSE:CMP) last released its earnings results on Monday, August 7th. The basic materials company reported ($0.19) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.12). Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. The company had revenue of $228.00 million during the quarter, compared to analysts’ expectations of $261.13 million. During the same quarter in the previous year, the firm earned $0.18 earnings per share. The firm’s revenue was up 34.5% compared to the same quarter last year.

Several institutional investors have recently made changes to their positions in CMP. Bruderman Asset Management LLC acquired a new stake in shares of Compass Minerals International in the 2nd quarter valued at $146,000. Archford Capital Strategies LLC increased its position in Compass Minerals International by 42.4% during the first quarter. Archford Capital Strategies LLC now owns 2,612 shares of the basic materials company’s stock worth $177,000 after acquiring an additional 778 shares during the period. LS Investment Advisors LLC increased its position in Compass Minerals International by 20.3% during the second quarter. LS Investment Advisors LLC now owns 2,786 shares of the basic materials company’s stock worth $182,000 after acquiring an additional 470 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new position in Compass Minerals International during the 2nd quarter valued at $206,000. Finally, Cipher Capital LP acquired a new position in Compass Minerals International during the 1st quarter valued at $215,000.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date was Wednesday, August 30th. Compass Minerals International’s dividend payout ratio (DPR) is presently 80.45%.

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.

Earnings History and Estimates for Compass Minerals International (NYSE:CMP)

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