As of November 21, 2023, analysts have recently evaluated Compass (NYSE: COMP) and provided their ratings. The ratings received are as follows:
– Bullish: 3
– Somewhat Bullish: 0
– Indifferent: 2
– Somewhat Bearish: 0
– Bearish: 0
These ratings reflect the opinions of analysts who specialize in reporting on stocks or specific sectors within the banking and financial systems. To arrive at their ratings, analysts participate in company conference calls, conduct research on financial statements, and communicate with insiders. It’s important to remember that these ratings are subjective and represent the analysts’ individual opinions.
Based on the 12-month price targets provided by five analysts in the last three months, the average price target for Compass is $3.09, with a high estimate of $4.00 and a low estimate of $2.25. This average price target represents a decrease of 29.45% compared to the previous average of $4.38.
According to TipRanks, which aggregates analyst ratings, Compass has a consensus rating of Moderate Buy. This consensus is based on four buy ratings, two hold ratings, and no sell ratings. The average price target for Compass, according to six Wall Street analysts’ 12-month price targets issued in the past three months, is $3.70.
Yahoo Finance reports that Compass, Inc. is covered by seven analysts, who estimate earnings of -$0.65 for the current year (2023).
Benzinga notes that Needham reported the latest price target for Compass (NYSE: COMP) on November 7, 2023, setting a target of $3.00. This suggests a potential upside of 42.18% within the next 12 months. Needham has maintained their buy rating for Compass.
In summary, the ratings and price targets provided by analysts indicate a moderate buy consensus for Compass stock. The average price target is $3.70, with a range of $2.25 to $4.00 based on the last three months of analyst reports. It’s important to consider these ratings as subjective opinions rather than definitive indicators of stock performance.
Compass, Inc.
COMP
Neutral
Updated on: 29/11/2023
Financial Health
Weak
Debt to equity ratio: Buy
Price to earnings ratio: Sell
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Strong Sell
COMP Stock: Mixed Performance on November 21, 2023, with Improving Earnings Growth but Declining Revenue
COMP stock had a mixed performance on November 21, 2023. The stock opened at $2.09, lower than the previous day’s closing price of $2.18. Throughout the day, it traded within a narrow range of $1.99 to $2.11. The stock’s trading volume was 1,864,676, significantly lower than the average volume of 3,356,252 over the past three months.
With a market capitalization of $1.1 billion, COMP is considered a mid-cap stock. The company’s financials show a decline in earnings growth of -16.36% in the last year. However, this year, it has experienced a significant improvement in earnings growth, with a positive growth rate of +73.21%. Looking ahead, the company’s earnings growth is expected to decline by -62.50% over the next five years.
In terms of revenue growth, COMP experienced a decline of -6.28% in the last year. This decline in revenue, coupled with negative earnings, resulted in a net loss of -$601.5 million for the company. The net profit margin stood at -10.00%, indicating that COMP is currently operating at a loss.
The stock’s valuation metrics provide some insights into its attractiveness for investors. The P/E ratio is not available (NM), indicating that the company has negative earnings. The price/sales ratio is 0.17, suggesting that investors are paying $0.17 for every dollar of sales generated by the company. The price/book ratio is 2.00, indicating that the stock is trading at a slight premium to its book value.
Unfortunately, there is no available data on COMP’s competitors, making it difficult to assess its relative performance within the industry.
Looking ahead, the next reporting date for COMP is February 14, 2024. Analysts forecast an EPS of -$0.09 for the current quarter. The company’s annual revenue for the last year was $6.0 billion.
Overall, COMP stock had a mixed performance on November 21, 2023, with a slight decline in the opening price compared to the previous close. The company’s financials show a recent improvement in earnings growth, but the decline in revenue and negative net profit margin indicate ongoing challenges. Investors should closely monitor the company’s performance and upcoming reports to assess its future prospects.
COMP Stock Shows Positive Performance on November 21, 2023: Analysts Price Forecasts and Insights
COMP stock has been showing positive performance on November 21, 2023, according to analysts’ price forecasts. These forecasts are based on data from CNN Money and provide valuable insights for investors.
According to the data, eight analysts have offered 12-month price forecasts for COMP stock. The median target price is 2.75, with a high estimate of 5.00 and a low estimate of 2.00. This indicates that the analysts expect a potential increase of 36.48% from the last recorded price of 2.02.
Furthermore, the current consensus among the eight polled investment analysts is to buy COMP stock. This rating has remained steady since July, when it was upgraded from a hold rating. This suggests that the analysts have a positive outlook on the company’s future performance.
In terms of financials, the current quarter earnings per share for COMP stock is -$0.09. While this indicates a loss, it is important to consider the context and potential future growth. Additionally, the company reported sales of $1.2 billion for the current quarter, which demonstrates a strong revenue stream.
Investors should also take note of the reporting date for COMP stock’s financials, which is set for February 14. This date will provide further insights into the company’s performance and may impact the stock’s future price.
Overall, based on the analysts’ price forecasts and the consensus to buy COMP stock, it appears that the stock has the potential for positive growth. However, investors should conduct their own research and consider their risk tolerance before making any investment decisions.
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