Compass Minerals International, Inc. (NYSE:CMP) updated its FY17 earnings guidance on Monday. The company provided EPS guidance of $2.50 to $2.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.57.

Several analysts have commented on the stock. BidaskClub cut shares of Compass Minerals International from a hold rating to a sell rating in a research note on Wednesday, August 9th. Credit Suisse Group set a $63.00 price objective on shares of Compass Minerals International and gave the company a hold rating in a research note on Wednesday, August 9th. Zacks Investment Research cut shares of Compass Minerals International from a hold rating to a sell rating in a research note on Thursday, October 5th. J P Morgan Chase & Co upgraded shares of Compass Minerals International from a neutral rating to an overweight rating and set a $70.00 price objective for the company in a research note on Monday, September 25th. Finally, Monness Crespi & Hardt upgraded shares of Compass Minerals International from a neutral rating to a buy rating and set a $76.00 price objective for the company in a research note on Monday, October 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. Compass Minerals International currently has an average rating of Hold and a consensus target price of $73.60.

Compass Minerals International, Inc. (NYSE CMP) remained flat at $66.25 during trading on Monday. 380,421 shares of the company traded hands. The firm’s 50 day moving average price is $66.53 and its 200-day moving average price is $66.54. The stock has a market capitalization of $2.24 billion, a PE ratio of 18.51 and a beta of 0.44. Compass Minerals International, Inc. has a 12 month low of $59.72 and a 12 month high of $84.40.

Compass Minerals International (NYSE:CMP) last released its earnings results on Monday, August 7th. The basic materials company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of $228.00 million during the quarter, compared to analyst estimates of $261.13 million. During the same period last year, the business posted $0.18 EPS. Compass Minerals International’s revenue was up 34.5% compared to the same quarter last year. Equities research analysts anticipate that Compass Minerals International, Inc. will post $2.57 earnings per share for the current fiscal year.

WARNING: This piece was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of US & international copyright legislation. The original version of this piece can be read at https://www.americanbankingnews.com/2017/10/30/compass-minerals-international-inc-cmp-issues-fy17-earnings-guidance.html.

About Compass Minerals International

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)

Receive News & Ratings for Compass Minerals International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Minerals International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.