Compass, Inc. (NYSE:COMP) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Compass, Inc. (NYSE:COMP) have been assigned a consensus rating of “Moderate Buy” from the eleven analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $11.6667.

COMP has been the topic of a number of analyst reports. BTIG Research lifted their price target on Compass from $12.50 to $15.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Wells Fargo & Company increased their price target on shares of Compass from $8.00 to $13.00 and gave the company an “equal weight” rating in a research report on Tuesday. Odeon Capital Group started coverage on shares of Compass in a report on Wednesday, November 19th. They issued a “buy” rating on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Compass in a research note on Wednesday, October 8th. Finally, UBS Group set a $10.00 target price on Compass in a research note on Tuesday.

Compass Stock Performance

COMP stock opened at $12.29 on Thursday. The company has a market capitalization of $6.89 billion, a PE ratio of -111.70 and a beta of 2.53. Compass has a one year low of $5.66 and a one year high of $13.53. The company’s 50 day moving average price is $10.47 and its two-hundred day moving average price is $8.82.

Compass (NYSE:COMP) last released its earnings results on Tuesday, November 4th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The company had revenue of $1.85 billion for 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%. On average, research analysts predict that Compass will post 0.09 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Scott R. Wahlers sold 99,986 shares of Compass stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $12.03, for a total value of $1,202,831.58. Following the sale, the chief financial officer owned 250,073 shares in the company, valued at $3,008,378.19. The trade was a 28.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Bradley K. Serwin sold 20,953 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $11.00, for a total transaction of $230,483.00. Following the transaction, the general counsel directly 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 SEC filing for this sale provides additional information. Insiders sold 234,167 shares of company stock valued at $2,651,216 in the last ninety days. 4.08% of the stock is currently owned by insiders.

Compass Company Profile

Compass, Inc is a technology-driven real estate brokerage firm that provides a full suite of services for home buyers, sellers and renters. Utilizing a proprietary software platform, the company equips its network of licensed real estate agents with data analytics, marketing automation and client relationship tools designed to enhance efficiency and transaction transparency.

Founded in 2012 by Ori Allon and Robert Reffkin, Compass has grown from a single office in New York City to serve more than 300 markets across the United States.