Compass, Inc. (NYSE:COMP – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the fourteen research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $13.1250.
A number of analysts have recently issued reports on the stock. Benchmark assumed coverage on shares of Compass in a report on Thursday, March 26th. They set a “buy” rating and a $14.00 price target for the company. BTIG Research reiterated a “buy” rating on shares of Compass in a report on Wednesday. UBS Group cut their target price on Compass from $17.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, April 28th. Weiss Ratings upgraded Compass from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Finally, Zacks Research raised Compass from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 6th.
Check Out Our Latest Stock Analysis on COMP
Compass Trading Up 8.4%
Compass (NYSE:COMP – Get Free Report) last released its quarterly earnings data 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 net margin of 0.17% and a return on equity of 1.11%. The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.67 billion. As a group, equities analysts predict that Compass will post 0.1 earnings per share for the current year.
Insider Transactions at Compass
In related news, CEO Robert L. Reffkin sold 23,456 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $12.51, for a total value of $293,434.56. Following the sale, the chief executive officer directly owned 7,781,204 shares in the company, valued at approximately $97,342,862.04. The trade was a 0.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 2.85% of the company’s stock.
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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