Compass (NYSE:COMP) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Compass (NYSE:COMP) announced its quarterly earnings results on Tuesday. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.02, Zacks reports. Compass had a negative return on equity of 49.45% and a negative net margin of 3.70%. During the same period last year, the firm posted ($0.09) EPS. Compass updated its Q1 2025 guidance to EPS.

Compass Stock Performance

COMP stock traded up $0.04 during mid-day trading on Tuesday, reaching $7.97. The company had a trading volume of 9,258,958 shares, compared to its average volume of 5,543,434. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of -19.91 and a beta of 2.95. The firm has a fifty day simple moving average of $6.64 and a 200 day simple moving average of $6.17. Compass has a fifty-two week low of $2.89 and a fifty-two week high of $8.00.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Compass

In other news, CEO Robert L. Reffkin sold 49,316 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $5.91, for a total value of $291,457.56. Following the transaction, the chief executive officer now owns 2,950,684 shares in the company, valued at approximately $17,438,542.44. This represents a 1.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of the stock in a transaction dated 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 completion of the transaction, the insider now owns 58,070,273 shares in the company, valued at approximately $367,584,828.09. The trade was a 14.69 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 11,728,326 shares of company stock valued at $74,520,082 in the last quarter. Corporate insiders own 6.25% of the company’s stock.

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.