Compass, Inc. (NYSE:COMP) Given Average Recommendation of “Moderate Buy” by Brokerages

Compass, Inc. (NYSE:COMP) has been given a consensus rating of “Moderate Buy” by the fourteen ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $13.6667.

COMP has been the subject of a number of recent analyst reports. Benchmark began coverage on Compass in a report on Thursday, March 26th. They set a “buy” rating and a $14.00 price target for the company. JPMorgan Chase & Co. started coverage on Compass in a research note on Monday, January 26th. They set an “overweight” rating and a $15.00 target price for the company. Compass Point set a $15.00 price target on Compass in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft raised shares of Compass from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Tuesday, January 20th. Finally, UBS Group reiterated a “buy” rating and set a $17.00 target price on shares of Compass in a research report on Monday, February 9th.

Compass Stock Down 3.3%

Compass stock opened at $6.85 on Tuesday. The stock’s 50 day moving average is $10.25 and its 200 day moving average is $9.75. Compass has a one year low of $5.66 and a one year high of $13.95.

Compass (NYSE:COMP) last issued its quarterly earnings results on Thursday, February 26th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). Compass had a negative return on equity of 7.99% and a negative net margin of 0.84%.The firm had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.69 billion. On average, equities research analysts forecast that Compass will post 0.09 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Scott R. Wahlers sold 99,986 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $12.03, for a total transaction of $1,202,831.58. Following the transaction, the chief financial officer directly owned 250,073 shares of the company’s stock, valued at approximately $3,008,378.19. This represents a 28.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.08% of the stock is 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.