CompoSecure, Inc. (NASDAQ:CMPO) Receives Consensus Recommendation of “Buy” from Analysts

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have received a consensus rating of “Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a buy recommendation. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $25.50.

Several equities analysts recently commented on CMPO shares. Lake Street Capital reaffirmed a “buy” rating on shares of CompoSecure in a research report on Wednesday, December 24th. Needham & Company LLC boosted their price objective on shares of CompoSecure from $22.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. TD Cowen restated a “buy” rating on shares of CompoSecure in a report on Tuesday, November 4th. Benchmark increased their target price on CompoSecure from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of CompoSecure in a report on Thursday, January 8th.

Institutional Trading of CompoSecure

A number of institutional investors have recently modified their holdings of CMPO. Thrivent Financial for Lutherans purchased a new position in CompoSecure in the third quarter valued at approximately $34,367,000. Locust Wood Capital Advisers LLC increased its position in shares of CompoSecure by 14.5% in the third quarter. Locust Wood Capital Advisers LLC now owns 9,341,954 shares of the company’s stock worth $194,499,000 after acquiring an additional 1,183,627 shares in the last quarter. AlTi Global Inc. raised its stake in shares of CompoSecure by 117.0% in the 3rd quarter. AlTi Global Inc. now owns 807,557 shares of the company’s stock valued at $16,813,000 after acquiring an additional 435,347 shares during the period. Jupiter Asset Management Ltd. lifted its holdings in shares of CompoSecure by 319.0% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 570,633 shares of the company’s stock valued at $8,040,000 after acquiring an additional 434,456 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of CompoSecure by 31.3% during the 3rd quarter. Bank of America Corp DE now owns 1,513,218 shares of the company’s stock valued at $31,505,000 after acquiring an additional 361,025 shares in the last quarter. Hedge funds and other institutional investors own 37.56% of the company’s stock.

CompoSecure Price Performance

NASDAQ CMPO opened at $25.23 on Friday. The company has a market cap of $3.19 billion, a P/E ratio of -15.01 and a beta of 0.98. CompoSecure has a 12 month low of $9.24 and a 12 month high of $26.78. The company has a 50-day moving average of $20.48 and a 200-day moving average of $19.14.

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.