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

Shares of Compass, Inc. (NYSE:COMP) have received an average rating of “Moderate Buy” from the fourteen ratings firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $12.8750.

Several brokerages have commented on COMP. Morgan Stanley raised their price target on shares of Compass from $11.00 to $12.50 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Compass in a report on Wednesday, May 6th. Wells Fargo & Company increased their price objective on Compass from $9.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Zacks Research raised Compass from a “hold” rating to a “strong-buy” rating in a research note on Monday. Finally, Benchmark started coverage on Compass in a research report on Thursday, March 26th. They set a “buy” rating and a $14.00 target price for the company.

Compass Trading Down 4.4%

Shares of Compass stock opened at $11.35 on Thursday. Compass has a 12-month low of $6.22 and a 12-month high of $13.95. The company has a market cap of $8.48 billion, a price-to-earnings ratio of 567.70 and a beta of 2.35. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.11. The company’s 50-day moving average price is $9.21 and its 200-day moving average price is $9.66.

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

Insider Transactions at Compass

In other Compass news, CEO Robert L. Reffkin sold 23,456 shares of Compass stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $12.51, for a total transaction of $293,434.56. Following the completion of the sale, the chief executive officer directly owned 7,781,204 shares in the company, valued at $97,342,862.04. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.85% 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.