Compass, Inc. (NYSE:COMP – Get Free Report)’s share price traded down 13.2% during trading on Wednesday . The stock traded as low as $7.16 and last traded at $7.49. 8,648,018 shares were traded during mid-day trading, a decline of 51% from the average session volume of 17,795,240 shares. The stock had previously closed at $8.63.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on the company. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Compass in a research note on Wednesday, May 6th. Wells Fargo & Company decreased their price target on Compass from $12.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Weiss Ratings raised Compass from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. UBS Group decreased their price target on Compass from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Finally, BTIG Research set a $12.00 price target on Compass in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $12.63.
Check Out Our Latest Stock Analysis on Compass
Compass Trading Up 3.6%
Compass (NYSE:COMP – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.20. Compass had a return on equity of 1.11% and a net margin of 0.17%.The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.67 billion. On average, research analysts anticipate that Compass, Inc. will post 0.1 earnings per share for the current year.
Compass Company Profile
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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