Analysts predict that Compass Minerals International, Inc. (NYSE:CMP) will post $1.54 earnings per share for the current quarter, according to Zacks. Two analysts have provided estimates for Compass Minerals International’s earnings, with the lowest EPS estimate coming in at $1.51 and the highest estimate coming in at $1.55. Compass Minerals International posted earnings per share of $1.35 during the same quarter last year, which indicates a positive year-over-year growth rate of 14.1%. The firm is expected to announce its next earnings results on Wednesday, February 14th.

According to Zacks, analysts expect that Compass Minerals International will report full year earnings of $2.83 per share for the current financial year, with EPS estimates ranging from $2.60 to $3.25. For the next fiscal year, analysts expect that the firm will report earnings of $3.78 per share, with EPS estimates ranging from $3.20 to $4.42. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Compass Minerals International.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Monday, October 30th. The basic materials company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.20). The company had revenue of $290.70 million during the quarter, compared to analysts’ expectations of $323.76 million. Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. The business’s revenue for the quarter was up 61.9% compared to the same quarter last year. During the same period last year, the company earned $0.27 earnings per share.

CMP has been the subject of several analyst reports. TheStreet raised Compass Minerals International from a “c+” rating to a “b” rating in a research note on Thursday, November 30th. 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 objective on shares of Compass Minerals International in a research note on Wednesday, November 1st. 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, October 2nd. Finally, Zacks Investment Research downgraded Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $73.60.

Shares of Compass Minerals International (CMP) opened at $70.35 on Friday. The company has a market capitalization of $2,322.26, a P/E ratio of 28.14 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 quick ratio of 1.18, a current ratio of 2.52 and a debt-to-equity ratio of 1.70.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 4.09%. The ex-dividend date was Thursday, November 30th. Compass Minerals International’s payout ratio is 67.76%.

Institutional investors and hedge funds have recently modified their holdings of the stock. Bruderman Asset Management LLC purchased a new stake in shares of Compass Minerals International during the second quarter valued at approximately $146,000. IFP Advisors Inc increased its position in shares of Compass Minerals International by 93.6% during the third quarter. IFP Advisors Inc now owns 2,431 shares of the basic materials company’s stock valued at $158,000 after acquiring an additional 1,175 shares during the last quarter. National Planning Corp purchased a new stake in shares of Compass Minerals International during the third quarter valued at approximately $208,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Compass Minerals International during the second quarter valued at approximately $206,000. Finally, Laurel Wealth Advisors Inc. purchased a new stake in shares of Compass Minerals International during the third quarter valued at approximately $223,000.

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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.

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

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