Compass Inc. (NYSE:COMP) saw a downside of -2.22% to close Monday at $3.97 after subtracting -$0.09 on the day. The 5-day average trading volume is 3,138,120 shares of the company’s common stock. It has gained $4.38 in the past week and touched a new high 3 times within the past 5 days. An average of 3,690,310 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,759,402.
COMP’s 1-month performance is 21.41% or $0.70 on its low of $3.20 reached on 07/10/23. The company’s shares have touched a 52-week low of $1.84 and high of $5.16, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, COMP has achieved 70.39% or $1.64 and has reached a new high 10 times. However, the current price is down -23.05% from the 52-week high price.
Insider Transactions
COMP stock investors last saw insider trading activity on Jun 07.SVF Excalibur (Cayman) Ltd (10% Owner) most recently sold 15,000,000 shares at $3.69 per share on Jun 07. This transaction cost the insider $55,350,000. President, Customer Success, Wilkie Danielle J., sold 1,116 shares at a price of $2.67 on Dec 05. Then, on Nov 07, President, Customer Success Wilkie Danielle J. sold 6,464 shares at a price of $2.15 per share. This transaction amounted to $13,890.
Valuation Metrics
COMP stock has a beta of 2.58. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.35 while the price-to-book (PB) in the most recent quarter is 3.89.
Compass Inc.’s quick ratio for the period ended March 30 was 0.90, with the current ratio over the same period at 0.90. In terms of profitability, the gross margin trailing 12 months is 17.90%. The trailing 12-month EBITDA margin is -7.18% while for the period ending March 30, Compass Inc.’s operating margin was -9.90%. The firm’s gross profit as reported stood at $6.61 billion against revenue of $6.02 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -25.0% to -$150.4 million, while revenue of -$158.1 million was -5.12% off the previous quarter. Analysts expected COMP to announce -$0.34 per share in earnings in its latest quarter, but it posted -$0.33, representing a 2.90% surprise. EBITDA for the quarter stood at more than -$123.3 million. COMP stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 1.05 billion, with total debt at $820.3 million. Shareholders hold equity totaling $461.15 million.
Let’s look briefly at Compass Inc. (COMP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 48.64% to suggest the stock is trending Neutral, with historical volatility in this time period at 85.23%.
The stock’s 5-day moving average is $4.13, reflecting a -5.25% or -$0.22 change from its current price. COMP is currently trading +22.91% above its 20-day SMA, +37.37% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +6.72% and SMA200 by+44.89%.
Stochastic %K and %D was 61.75% and 66.67% and the average true range (ATR) pointed at 0.34. The RSI (14) points at 51.47%, while the 14-day stochastic is at 45.26% with the period’s ATR at 0.32. The stock’s 9-day MACD Oscillator is pointing at -0.04 and 0.08 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for COMP stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate COMP as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 4 have offered a “buy” rating.
What is COMP’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $3.50 and a high of $5.50, with their median price target at $3.88. Looking at these predictions, the average price target given by analysts is for Compass Inc. (COMP) stock is $4.22.
