Compass Minerals International, Inc. (NYSE:CMP) has earned a consensus rating of “Hold” from the eight brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $73.60.

Several research firms have recently commented on CMP. Zacks Investment Research upgraded Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Tuesday. TheStreet upgraded Compass Minerals International from a “c+” rating to a “b” rating in a research note on Thursday, November 30th. Stifel Nicolaus reaffirmed a “buy” rating and set a $84.00 price objective on shares of Compass Minerals International in a report 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 objective on the stock in a report on Monday, October 2nd. Finally, JPMorgan Chase & Co. raised Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 price objective on the stock in a report on Monday, September 25th.

A number of hedge funds have recently made changes to their positions in CMP. Janus Henderson Group PLC acquired a new position in Compass Minerals International during the second quarter worth $73,452,000. BlackRock Inc. grew its holdings in Compass Minerals International by 22.8% during the second quarter. BlackRock Inc. now owns 3,532,489 shares of the basic materials company’s stock worth $230,671,000 after acquiring an additional 656,762 shares during the period. State Street Corp grew its holdings in Compass Minerals International by 23.3% during the second quarter. State Street Corp now owns 1,615,191 shares of the basic materials company’s stock worth $105,474,000 after acquiring an additional 305,111 shares during the period. River Road Asset Management LLC grew its holdings in Compass Minerals International by 19.6% during the third quarter. River Road Asset Management LLC now owns 871,528 shares of the basic materials company’s stock worth $56,562,000 after acquiring an additional 142,884 shares during the period. Finally, Epoch Investment Partners Inc. grew its holdings in Compass Minerals International by 33.5% during the second quarter. Epoch Investment Partners Inc. now owns 497,557 shares of the basic materials company’s stock worth $32,490,000 after acquiring an additional 124,866 shares during the period.

Shares of Compass Minerals International (NYSE CMP) opened at $74.25 on Friday. Compass Minerals International has a 52 week low of $59.72 and a 52 week high of $84.40. The company has a current ratio of 2.52, a quick ratio of 1.18 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $2,510.00, a P/E ratio of 17.47 and a beta of 0.51.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings results on Monday, October 30th. The basic materials company reported $0.65 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.20). Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. The company had revenue of $290.70 million for the quarter, compared to analysts’ expectations of $323.76 million. During the same quarter last year, the company earned $0.27 EPS. Compass Minerals International’s revenue for the quarter was up 61.9% compared to the same quarter last year. research analysts forecast that Compass Minerals International will post 2.62 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date was Thursday, November 30th. Compass Minerals International’s dividend payout ratio is presently 67.76%.

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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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