Gordon Haskett has recently raised Compass Inc (COMP) stock to Hold rating, as announced on June 25, 2024, according to Finviz. Earlier, on February 21, 2024, Gordon Haskett had reduced the stock from a Hold to Underperform, setting a price target of $2.25 for COMP stock. Deutsche Bank also initiated Hold rating with a price target of $2.70. Additionally, Morgan Stanley resumed rating on July 24, 2023, with a target price of $4. Needham analysts, in their report published on July 24, 2023, also reiterated Buy rating and set a price target of $5.50 for Compass Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Compass Inc (COMP) Stock Trading Recap
On Monday, Compass Inc (COMP) stock saw a modest uptick, ending the day at $6.8 which represents a slight increase of $0.10 or 1.49% from the prior close of $6.7. The stock opened at $6.74 and touched a low of $6.59 during the day, reaching a high of $6.93. The volume of shares traded was 4.15 million falling short of the average volume of 5.09 million.
COMP Stock Performance and Moving Averages
In recent trading, Compass Inc (COMP) stock price has shown some volatility, fluctuating 2.10% over the last five trades and 15.06% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 65.05%, and it has gained 56.32% in the previous three months. Currently, COMP is trading at 12.06%, 13.05%, and 54.58% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, COMP, a Real Estate sector stock, is trading -3.00% below its 52-week high but remains 261.70% above its 52-week low. The Average True Range (ATR) (14 days) of 0.36 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Compass Inc’s Profitability and Valuation Ratios
Compass Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of -2.41% and a profit margin of -3.70%, with a gross margin of 65.05%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Compass Inc’s market capitalization stands at $3.47 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 230.2. Additionally, the Price-to-Sales Ratio is 0.65, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 8.06, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 18.80% of Compass Inc (COMP)’s shares, while financial institutions hold 51.62%.
Notable insider trades include Reffkin Robert L., Chairman and CEO at Compass Inc (COMP), who sold 113673 shares on Nov 05 ’24, at $6.91 each, totaling $0.79 million. On Nov 06 ’24, Reffkin Robert L., Chairman and CEO, sold 55893 shares for $6.92 each, amounting to $0.39 million. Additionally, on Nov 04 ’24, Reffkin Robert L. sold 52501 shares at $6.9 each, generating $0.36 million.
