Compass Minerals International (NYSE:CMP) announced its earnings results on Tuesday. The basic materials company reported $1.66 EPS for the quarter, topping the Zacks’ consensus estimate of $1.37 by $0.29, Bloomberg Earnings reports. The firm had revenue of $457.90 million during the quarter, compared to analysts’ expectations of $468.52 million. Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. Compass Minerals International updated its FY18 guidance to $2.75 to $3.25 EPS.
Compass Minerals International (NYSE:CMP) opened at $69.25 on Wednesday. Compass Minerals International has a 1-year low of $59.72 and a 1-year high of $80.40. 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 stock has a market capitalization of $2,340.00, a price-to-earnings ratio of 16.29 and a beta of 0.54.
A number of equities analysts have recently commented on CMP shares. Stifel Nicolaus reiterated a “buy” rating and issued a $84.00 target price on shares of Compass Minerals International in a report on Wednesday, November 1st. TheStreet upgraded Compass Minerals International from a “c+” rating to a “b” rating in a report on Thursday, November 30th. Finally, Zacks Investment Research upgraded Compass Minerals International from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. Compass Minerals International currently has an average rating of “Hold” and an average target price of $73.60.
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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