Compass, Inc. (NYSE:COMP – Get Free Report) has been given an average recommendation of “Moderate Buy” by the fourteen brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, eight have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $12.6250.
Several equities research analysts have recently commented on the company. Weiss Ratings raised Compass from a “sell (d-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. The Goldman Sachs Group reissued a “neutral” rating on shares of Compass in a research note on Wednesday, May 6th. Barclays reduced their price objective on Compass from $15.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, April 8th. Wells Fargo & Company reduced their price objective on Compass from $12.00 to $9.00 and set an “equal weight” rating for the company in a research note on Monday, April 6th. Finally, Benchmark assumed coverage on Compass in a research note on Thursday, March 26th. They issued a “buy” rating and a $14.00 price objective for the company.
View Our Latest Stock Analysis on Compass
Compass Trading Up 6.8%
Compass (NYSE:COMP – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $0.03 EPS for the quarter, beating 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 business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.67 billion. Sell-side analysts predict that Compass will post 0.1 EPS for the current year.
Insider Transactions at Compass
In related news, CEO Robert L. Reffkin sold 23,456 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $7.69, for a total value of $180,376.64. Following the completion of the sale, the chief executive officer directly owned 7,804,660 shares of the company’s stock, valued at approximately $60,017,835.40. This represents a 0.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 2.85% of the company’s stock.
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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