Compass Minerals International (CMP) Upgraded to B at TheStreet

Compass Minerals International (NYSE:CMP) was upgraded by TheStreet from a “c+” rating to a “b” rating in a research report issued to clients and investors on Thursday.

A number of other research firms also recently weighed in on CMP. BidaskClub raised Compass Minerals International from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 23rd. Stifel Nicolaus reissued a “buy” rating and issued a $84.00 price target on shares of Compass Minerals International in a research note on Wednesday, November 1st. Credit Suisse Group set a $63.00 price target on Compass Minerals International and gave the company a “hold” rating in a research note on Wednesday, August 9th. Monness Crespi & Hardt raised Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price target on the stock in a research note on Monday, October 2nd. Finally, Zacks Investment Research downgraded Compass Minerals International from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $73.60.

Compass Minerals International (NYSE:CMP) opened at $69.15 on Thursday. The company has a market capitalization of $2,359.47, a price-to-earnings ratio of 28.59 and a beta of 0.51. The company has a debt-to-equity ratio of 1.70, a current ratio of 2.52 and a quick ratio of 1.18. Compass Minerals International has a 12-month low of $59.72 and a 12-month high of $84.40.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Monday, October 30th. The basic materials company reported $0.65 EPS for the quarter, missing the Zacks’ consensus estimate of $0.85 by ($0.20). The firm had revenue of $290.70 million during the quarter, compared to the consensus estimate of $323.76 million. Compass Minerals International had a net margin of 10.72% and a return on equity of 11.52%. The firm’s quarterly revenue was up 61.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.27 earnings per share. equities research analysts predict that Compass Minerals International will post 2.62 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the stock. Bruderman Asset Management LLC acquired a new stake in shares of Compass Minerals International in the 2nd quarter valued at about $146,000. IFP Advisors Inc raised its stake in shares of Compass Minerals International by 93.6% in the 3rd quarter. IFP Advisors Inc now owns 2,431 shares of the basic materials company’s stock valued at $158,000 after purchasing an additional 1,175 shares during the period. LS Investment Advisors LLC raised its stake in shares of Compass Minerals International by 20.3% in the 2nd quarter. LS Investment Advisors LLC now owns 2,786 shares of the basic materials company’s stock valued at $182,000 after purchasing an additional 470 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Compass Minerals International in the 2nd quarter valued at about $206,000. Finally, National Planning Corp acquired a new stake in shares of Compass Minerals International in the 3rd quarter valued at about $208,000.

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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.

Analyst Recommendations for Compass Minerals International (NYSE:CMP)

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