CompoSecure, Inc. (NASDAQ:CMPO) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $25.50.

CMPO has been the subject of a number of research reports. Needham & Company LLC boosted their price objective on CompoSecure from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Benchmark lifted their target price on shares of CompoSecure from $24.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. JPMorgan Chase & Co. upped their price target on shares of CompoSecure from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. TD Cowen increased their price target on shares of CompoSecure from $22.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Finally, Cowen restated a “buy” rating on shares of CompoSecure in a research note on Tuesday, November 4th.

CompoSecure Stock Performance

CompoSecure stock opened at $19.56 on Monday. The company has a market capitalization of $2.47 billion, a P/E ratio of -11.64 and a beta of 0.97. CompoSecure has a fifty-two week low of $9.24 and a fifty-two week high of $26.78. The stock has a 50-day simple moving average of $19.93 and a 200-day simple moving average of $18.18.

Hedge Funds Weigh In On CompoSecure

Several institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. lifted its position in CompoSecure by 4.2% during the 2nd quarter. Raymond James Financial Inc. now owns 15,825 shares of the company’s stock worth $223,000 after acquiring an additional 639 shares during the period. Tower Research Capital LLC TRC increased its holdings in shares of CompoSecure by 25.8% in the second quarter. Tower Research Capital LLC TRC now owns 3,478 shares of the company’s stock valued at $49,000 after purchasing an additional 713 shares during the period. Blue Trust Inc. raised its stake in shares of CompoSecure by 3.7% during the third quarter. Blue Trust Inc. now owns 25,867 shares of the company’s stock worth $539,000 after purchasing an additional 934 shares during the last quarter. California State Teachers Retirement System lifted its holdings in shares of CompoSecure by 4.0% during the second quarter. California State Teachers Retirement System now owns 24,089 shares of the company’s stock worth $339,000 after purchasing an additional 937 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in shares of CompoSecure by 1.5% during the third quarter. Principal Financial Group Inc. now owns 62,463 shares of the company’s stock worth $1,300,000 after purchasing an additional 944 shares during the period. Institutional investors and hedge funds own 37.56% of the company’s stock.

About CompoSecure

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.