Compass Minerals International (CMP) Issues FY18 Earnings Guidance

Compass Minerals International (NYSE:CMP) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided EPS guidance of $2.75 to $3.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.54.

Compass Minerals International (NYSE:CMP) traded down $0.30 on Tuesday, reaching $69.25. 254,648 shares of the company’s stock traded hands, compared to its average volume of 340,455. 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 stock has a market capitalization of $2,340.00, a P/E ratio of 16.26 and a beta of 0.54. Compass Minerals International has a fifty-two week low of $59.72 and a fifty-two week high of $80.40.

Several equities analysts have issued reports on CMP shares. 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. TheStreet raised shares of Compass Minerals International from a c+ rating to a b rating in a report on Thursday, November 30th. Finally, Zacks Investment Research raised shares of Compass Minerals International from a sell rating to a hold rating in a report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $73.60.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this report can be viewed at https://www.americanbankingnews.com/2018/02/13/compass-minerals-international-cmp-issues-fy18-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.

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

Leave a Reply