Compass Inc. (NYSE:COMP) finished Thursday with a subtraction of -$0.02 to close at $3.69, a downside of -0.54 percent. An average of 4,219,940 shares of common stock have been traded in the last five days. There was a fall of -$0.66 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 3,421,215 shares traded, while the 50-day average volume stands at 3,837,376.
COMP stock has decreased by -5.87% in the last month. The company shares reached their 1-month lowest point of $3.25 on 08/08/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $1.84 and a high of $5.16 in 52 weeks. It has reached a new high 10 times so far this year and achieved 58.37% or $1.36 in price. In spite of this, the price is down -28.48% from the 52-week high.
Insider Transactions
COMP stock investors should be aware that Compass Inc. (COMP) stock had its last reported insider trading activity 65 days ago on Jun 07. In this transaction, the insider spent $55,350,000. President, Customer Success, Wilkie Danielle J., disposed of 1,116 shares at a price of $2.67 on Dec 05. The insider now owns more than $2,980 worth of shares. Prior to that, President, Customer Success Wilkie Danielle J. went on to Sale 6,464 shares at $2.15 each on Nov 07. An amount of $13,890 was transacted.
Valuation Metrics
Compass Inc. (COMP) stock’s beta is 2.61. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.33, the price-to-book (PB) ratio at 3.62.
Financial Health
The quick ratio of Compass Inc. for the three months ended June 29 was 0.90, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.56 for the quarter ending June 29. Compass Inc.’s EBITDA margin for the year ending June 29 is -7.18%, while its operating margin for the same period stands at -9.90%. Its gross profit as reported stood at $6.61 billion compared to revenue of $6.02 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Compass Inc.’s return on assets was -35.50%.
Earnings Surprise
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$47.8 million in the quarter, while revenues were shrunk -111.72%. The analyst consensus anticipated Compass Inc.’s latest quarter earnings to come in at -$0.05 per share, but it turned out to be -$0.1, a -100.00% surprise. For the quarter, EBITDA amounted to -$22.1 million. Shareholders own equity worth $466.07 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Compass Inc. (COMP) price momentum. RSI 9-day as of the close on 10 August was 39.96%, suggesting the stock is Neutral, with historical volatility in this time frame at 46.33%.
As of today, COMP’s price is $3.86 -15.17% or -$0.66 from its 5-day moving average. COMP is currently trading -10.87% lower than its 20-day SMA and +24.66% higher than its 100-day SMA. However, the stock’s current price level is +10.15% above the SMA50 and +50.00% above the SMA200.
The stochastic %K and %D were 40.32% and 44.46%, respectively, and the average true range (ATR) was 0.35. With the 14-day stochastic at 35.48% and the average true range at 0.33, the RSI (14) stands at 45.56%. The stock has reached -0.26 on the 9-day MACD Oscillator while the 14-day reading was at -0.31.
Analyst Ratings
The consensus rating for Compass Inc. (COMP) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell COMP, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.
What is COMP’s price target for the next 12 months?
Analysts predict a range of price targets between $3.50 and $6.00, with a median target of $4.00. Taking a look at these predictions, the average price target given by analysts for Compass Inc. (COMP) stock is $4.43.
