Compass, Inc. (NYSE:COMP) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Compass, Inc. (NYSE:COMP) have been given an average rating of “Moderate Buy” by the fourteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $12.6250.

Several research analysts have recently weighed in on COMP shares. The Goldman Sachs Group reissued a “neutral” rating on shares of Compass in a report on Wednesday, May 6th. UBS Group cut their target price on shares of Compass from $17.00 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. BTIG Research set a $12.00 target price on shares of Compass in a research report on Wednesday, April 15th. Benchmark assumed coverage on shares of Compass in a research report on Thursday, March 26th. They set a “buy” rating and a $14.00 target price for the company. Finally, Morgan Stanley boosted their target price on shares of Compass from $11.00 to $12.50 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th.

Compass Stock Up 1.7%

COMP opened at $8.60 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.11. The firm has a 50 day moving average price of $7.90 and a 200-day moving average price of $9.60. Compass has a twelve month low of $5.87 and a twelve month high of $13.95. The stock has a market capitalization of $6.42 billion, a price-to-earnings ratio of 429.80 and a beta of 2.43.

Compass (NYSE:COMP) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.20. Compass had a net margin of 0.17% and a return on equity of 1.11%. The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.67 billion. Equities research analysts forecast that Compass will post 0.1 earnings per share for the current year.

Insider Transactions at Compass

In related news, CEO Robert L. Reffkin sold 23,456 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $7.69, for a total transaction of $180,376.64. Following the completion of the sale, the chief executive officer directly owned 7,804,660 shares in the company, valued at approximately $60,017,835.40. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.85% of the company’s stock.

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.