Compass (NYSE:COMP) Raised to “Buy” at Wall Street Zen

Compass (NYSE:COMP) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Friday.

Other research analysts have also recently issued research reports about the company. Odeon Capital Group initiated coverage on Compass in a research note on Wednesday, November 19th. They set a “buy” rating on the stock. Oppenheimer raised their target price on Compass from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Weiss Ratings restated a “sell (d-)” rating on shares of Compass in a report on Wednesday, October 8th. BTIG Research lifted their price objective on shares of Compass from $11.00 to $12.50 and gave the company a “buy” rating in a research note on Tuesday. Finally, UBS Group boosted their target price on shares of Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $10.17.

Compass Stock Performance

NYSE COMP opened at $10.42 on Friday. Compass has a one year low of $5.10 and a one year high of $11.03. The company’s 50 day moving average price is $8.34 and its 200 day moving average price is $7.72. The firm has a market capitalization of $5.85 billion, a price-to-earnings ratio of -94.73 and a beta of 2.56.

Compass (NYSE:COMP) last released its quarterly earnings data on Tuesday, November 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.01. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.79 billion. Compass had a negative net margin of 0.85% and a negative return on equity of 8.83%. Compass has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that Compass will post 0.09 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, General Counsel Bradley K. Serwin sold 20,953 shares of Compass stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $11.00, for a total value of $230,483.00. Following the completion of the sale, the general counsel owned 258,712 shares in the company, valued at approximately $2,845,832. The trade was a 7.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Scott R. Wahlers sold 49,900 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $11.00, for a total transaction of $548,900.00. Following the transaction, the chief financial officer owned 363,725 shares in the company, valued at $4,000,975. This trade represents a 12.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 107,581 shares of company stock valued at $1,155,784. Insiders own 4.08% of the company’s stock.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.