Analysts Set Compass, Inc. (NYSE:COMP) PT at $9.61

Compass, Inc. (NYSE:COMP) has been given an average recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $9.89.

A number of research firms recently issued reports on COMP. Morgan Stanley boosted their target price on shares of Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a report on Wednesday, February 19th. Needham & Company LLC restated a “buy” rating and set a $12.00 price objective on shares of Compass in a report on Friday, March 14th. UBS Group lifted their target price on Compass from $11.00 to $12.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. The Goldman Sachs Group upped their price target on Compass from $10.00 to $11.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Barclays lifted their price objective on Compass from $7.00 to $9.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 25th.

Insider Transactions at Compass

In related news, Director Pamela Thomas-Graham sold 35,683 shares of Compass stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.00, for a total transaction of $321,147.00. Following the sale, the director now owns 93,990 shares of the company’s stock, valued at $845,910. The trade was a 27.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Robert L. Reffkin sold 49,316 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $5.91, for a total transaction of $291,457.56. Following the completion of the transaction, the chief executive officer now directly owns 2,950,684 shares of the company’s stock, valued at approximately $17,438,542.44. The trade was a 1.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,926,971 shares of company stock valued at $131,672,099 over the last quarter. Company insiders own 6.25% of the company’s stock.

Compass Stock Performance

Shares of COMP opened at $9.36 on Friday. Compass has a fifty-two week low of $3.03 and a fifty-two week high of $10.25. The stock has a fifty day moving average of $8.27 and a two-hundred day moving average of $6.95. The company has a market capitalization of $4.80 billion, a PE ratio of -30.18 and a beta of 2.88.

Compass (NYSE:COMP) last issued its quarterly earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.38 billion. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. During the same period last year, the company earned ($0.09) EPS. As a group, equities research analysts forecast that Compass will post 0.09 earnings per share for the current fiscal year.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.