CompoSecure (NASDAQ:CMPO) Announces Earnings Results

CompoSecure (NASDAQ:CMPO) issued its earnings results on Monday. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.06, Zacks reports. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%.

CompoSecure Stock Performance

CMPO traded up $0.31 on Monday, hitting $11.89. The company had a trading volume of 1,249,457 shares, compared to its average volume of 830,440. The stock has a fifty day moving average price of $10.88 and a 200-day moving average price of $13.80. CompoSecure has a 12-month low of $5.98 and a 12-month high of $17.71. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of -27.02, a P/E/G ratio of 2.63 and a beta of 0.87.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CMPO shares. Lake Street Capital reduced their price target on shares of CompoSecure from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. JPMorgan Chase & Co. cut their price objective on CompoSecure from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. Finally, Needham & Company LLC cut their price objective on CompoSecure from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, March 6th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.19.

Insider Buying and Selling at CompoSecure

In related news, CRO Amanda Mandy Gourbault sold 9,622 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $16.09, for a total value of $154,817.98. Following the completion of the transaction, the executive now directly owns 821,782 shares in the company, valued at $13,222,472.38. The trade was a 1.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Resolute Compo Holdings Llc bought 233,070 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was purchased at an average price of $16.57 per share, with a total value of $3,861,969.90. Following the completion of the purchase, the director now owns 879,963 shares in the company, valued at approximately $14,580,986.91. This trade represents a 36.03% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 704,421 shares of company stock worth $10,929,922 and have sold 34,340 shares worth $430,701. 74.99% of the stock is owned by insiders.

CompoSecure Company Profile

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.