As of Friday close, Compass Inc.’s (NYSE:COMP) stock was up $0.15, moving up 5.14 percent to $3.07. The average number of shares traded per day over the past five days has been 2,600,260 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.15 fall in that time frame. In the last twenty days, the average volume was 3,133,240, while in the previous 50 days, it was 3,214,128.
Since last month, COMP stock retreated -7.81%. Shares of the company fell to $2.89 on 09/21/23, the lowest level in the past month. A 52-week high of $5.16 was reached on 02/02/23 after having rallying from a 52-week low of $1.84. Since the beginning of this year, COMP’s stock price has risen by 31.76% or $0.74, and marked a new high 10 times. However, the stock has declined by -40.49% since its 52-week high.
COMP stock investors should be aware that Compass Inc. (COMP) stock had its last reported insider trading activity 18 days ago on Sep 05. Hart Gregory M., the Chief Operating Officer of the company, disposed of 24,604 shares for $3.60 on Sep 05. It resulted in a $88,643 divestment by the insider. Hart Gregory M. sold 49,208 shares at an average price of $3.60 on Sep 01. The insider now owns 757,406 shares following the transaction. On Aug 11, Chief Operating Officer Hart Gregory M. sold 40,144 shares at $3.67 apiece. The transaction was valued at $147,320.
Valuation Metrics
The stock’s beta is 2.65. Besides these, the trailing price-to-sales (P/S) ratio of 0.28, the price-to-book (PB) ratio of 3.16.
Financial Health
In the three months ended June 29, Compass Inc.’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 17.80% percent. In the year ended June 29, EBITDA margin amounted to -7.18%, whereas operating margins totaled -9.80%. Based on annual data, COMP earned $6.61 billion in gross profit and brought in $6.02 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -84.20%. Return on equity (ROE) for the past 12 months was -99.10%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. COMP’s revenue fell -35.21% to $957.2 million during the quarter, while net income inched up to $1.49 billion. While analysts expected Compass Inc. to report -$0.05 quarterly earnings, the actual figure was -$0.1 per share. During the quarter, the company generated -$22.1 million in EBITDA. The liabilities of Compass Inc. were 972.9 million at the end of its most recent quarter ended June 29, and its total debt was $729.9 million. The value of shareholders’ equity is $466.07 million.
Technical Picture
This quick technical analysis looks at Compass Inc.’s (COMP) price momentum. With a historical volatility rate of 63.15%, the RSI 9-day stood at 38.67% on 22 September.
With respect to its five-day moving average, the current Compass Inc. price is down by -4.66% percent or -$0.15. At present, COMP shares trade -6.12% below its 20-day simple moving average and +28.45% percent above its 100-day simple moving average. However, the stock is currently trading approximately -25.85% below its SMA50 and +5.50% above its SMA200.
Stochastic coefficient K was 16.93% and Stochastic coefficient D was 19.86%, while ATR was 0.23. Given the Stochastic reading of 21.47% for the 14-day period, the RSI (14) reading has been calculated as 40.01%. As of today, the MACD Oscillator reading stands at -0.11, while the 14-day reading stands at -0.20.
Analyst Ratings
Compass Inc. (COMP) has been rated Overweight by analysts. According to 0 brokerage firms, COMP is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Compass Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $4.00, the current consensus forecast for the stock is $3.50 – $6.00. Based on these forecasts, analysts predict Compass Inc. (COMP) will achieve an average price target of $4.43.
