Compass Minerals International, Inc. (NYSE:CMP) has been assigned an average rating of “Hold” from the eight analysts that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $73.60.

Several equities research analysts recently issued reports on the stock. Stifel Nicolaus reaffirmed a “buy” rating and issued a $84.00 price objective on shares of Compass Minerals International in a research note on Wednesday, November 1st. TheStreet raised shares of Compass Minerals International from a “c+” rating to a “b” rating in a research note on Thursday, November 30th. Zacks Investment Research lowered 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 raised 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, BidaskClub lowered shares of Compass Minerals International from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 17th.

Shares of Compass Minerals International (NYSE CMP) opened at $68.85 on Tuesday. The stock has a market cap of $2,340.00, a price-to-earnings ratio of 28.30 and a beta of 0.51. Compass Minerals International has a 52 week low of $59.72 and a 52 week high of $84.40. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.18 and a current ratio of 2.52.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 4.18%. The ex-dividend date of this dividend is Thursday, November 30th. Compass Minerals International’s payout ratio is presently 67.76%.

Institutional investors have recently added to or reduced their stakes in the business. Bruderman Asset Management LLC acquired a new position in Compass Minerals International during the 2nd quarter worth $146,000. IFP Advisors Inc lifted its position in Compass Minerals International by 93.6% during the 3rd quarter. IFP Advisors Inc now owns 2,431 shares of the basic materials company’s stock worth $158,000 after acquiring an additional 1,175 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new position in Compass Minerals International during the 2nd quarter worth $206,000. National Planning Corp acquired a new position in Compass Minerals International during the 3rd quarter worth $208,000. Finally, Laurel Wealth Advisors Inc. acquired a new position in Compass Minerals International during the 3rd quarter worth $223,000.

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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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