Compass, Inc. (NYSE:COMP – Get Free Report) was the target of some unusual options trading on Wednesday. Investors purchased 12,268 call options on the stock. This represents an increase of 148% compared to the typical volume of 4,950 call options.
Compass Trading Up 8.4%
Shares of COMP opened at $12.66 on Thursday. The stock’s 50-day moving average price is $9.61 and its 200 day moving average price is $9.70. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of 633.15 and a beta of 2.35. Compass has a 12-month low of $6.37 and a 12-month high of $13.95.
Compass (NYSE:COMP – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.17) by $0.20. The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.67 billion. Compass had a return on equity of 1.11% and a net margin of 0.17%. As a group, research analysts predict that Compass will post 0.1 earnings per share for the current year.
Insiders Place Their Bets
Analysts Set New Price Targets
COMP has been the topic of several recent research reports. Barclays raised their target price on Compass from $12.00 to $15.00 and gave the company an “overweight” rating in a report on Tuesday. The Goldman Sachs Group reiterated a “neutral” rating on shares of Compass in a report on Wednesday, May 6th. Morgan Stanley lifted their price target on shares of Compass from $11.00 to $12.50 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Zacks Research upgraded shares of Compass from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th. Finally, Weiss Ratings upgraded shares of Compass from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $13.12.
Check Out Our Latest Report on Compass
About Compass
Compass, Inc is a technology-driven real estate brokerage firm that provides a full suite of services for home buyers, sellers and renters. Utilizing a proprietary software platform, the company equips its network of licensed real estate agents with data analytics, marketing automation and client relationship tools designed to enhance efficiency and transaction transparency.
Founded in 2012 by Ori Allon and Robert Reffkin, Compass has grown from a single office in New York City to serve more than 300 markets across the United States.
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