Compass (COMP) Projected to Post Earnings on Tuesday

Compass (NYSE:COMP) is projected to issue its quarterly earnings data after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $1.38 billion for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Compass Stock Performance

Shares of NYSE COMP opened at $7.50 on Thursday. The firm’s 50 day moving average price is $6.57 and its 200 day moving average price is $6.07. The firm has a market cap of $3.83 billion, a P/E ratio of -18.75 and a beta of 2.95. Compass has a 1 year low of $2.89 and a 1 year high of $7.95.

Analyst Ratings Changes

Several analysts have commented on COMP shares. UBS Group upgraded Compass from a “neutral” rating to a “buy” rating and lifted their price target for the company from $7.00 to $11.00 in a report on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 price target on shares of Compass in a research note on Thursday, January 16th. Barclays upped their target price on Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. Oppenheimer increased their price target on shares of Compass from $8.50 to $9.50 and gave the stock an “outperform” rating in a research report on Tuesday, December 3rd. Finally, The Goldman Sachs Group raised their price objective on Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Compass presently has a consensus rating of “Moderate Buy” and a consensus price target of $7.65.

Insider Buying and Selling at Compass

In related news, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $6.33, for a total value of $63,300,000.00. Following the sale, the insider now directly owns 58,070,273 shares in the company, valued at $367,584,828.09. The trade was a 14.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert L. Reffkin sold 496,302 shares of Compass stock in a transaction on Monday, November 18th. The stock was sold at an average price of $6.18, for a total value of $3,067,146.36. Following the completion of the transaction, the chief executive officer now owns 653,444 shares in the company, valued at $4,038,283.92. The trade was a 43.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,000,118 shares of company stock valued at $75,813,600. 6.25% of the stock is owned by corporate insiders.

About Compass

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.