Compass, Inc. (NYSE:COMP) Receives Average Recommendation of “Moderate Buy” from Brokerages

Compass, Inc. (NYSE:COMP) has received an average recommendation of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $9.75.

COMP has been the subject of several analyst reports. Barclays raised their price objective on shares of Compass from $7.00 to $9.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 25th. Morgan Stanley raised their price target on Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a report on Wednesday, February 19th. The Goldman Sachs Group boosted their price objective on Compass from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Friday, March 21st. Oppenheimer raised their target price on Compass from $12.00 to $13.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 19th. Finally, UBS Group upped their price target on Compass from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th.

Insiders Place Their Bets

In other Compass news, General Counsel Bradley K. Serwin sold 137,472 shares of Compass stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $9.16, for a total transaction of $1,259,243.52. Following the completion of the sale, the general counsel now directly owns 221,595 shares in the company, valued at $2,029,810.20. The trade was a 38.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert L. Reffkin sold 804,893 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $5.91, for a total transaction of $4,756,917.63. Following the completion of the transaction, the chief executive officer now directly owns 2,145,791 shares of the company’s stock, valued at approximately $12,681,624.81. This represents a 27.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,926,971 shares of company stock worth $40,172,099 in the last ninety days. 6.25% of the stock is currently owned by insiders.

Compass Price Performance

Shares of NYSE COMP opened at $9.45 on Friday. The stock has a market capitalization of $4.85 billion, a PE ratio of -30.48 and a beta of 2.88. Compass has a one year low of $3.03 and a one year high of $10.25. The business’s fifty day moving average price is $8.16 and its 200-day moving average price is $6.92.

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

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.