Shares of Compass Group PLC (LON:CPG - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 2,751.98 ($34.87) and last traded at GBX 2,747.02 ($34.81), with a volume of 44674441 shares changing hands. The stock had previously closed at GBX 2,731 ($34.60).
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. increased their price target on Compass Group from GBX 2,600 ($32.94) to GBX 2,800 ($35.48) and gave the company an "overweight" rating in a research report on Wednesday, September 11th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of GBX 2,600 ($32.94).
View Our Latest Stock Analysis on Compass Group
Compass Group Stock Performance
The firm has a market capitalization of £47.11 billion, a PE ratio of 3,611.84, a price-to-earnings-growth ratio of 1.42 and a beta of 0.81. The company has a current ratio of 0.78, a quick ratio of 0.86 and a debt-to-equity ratio of 89.31. The business's 50 day simple moving average is GBX 2,529.88 and its two-hundred day simple moving average is GBX 2,367.47.
Compass Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, February 27th. Stockholders of record on Thursday, January 16th will be given a dividend of $0.39 per share. This represents a dividend yield of 1.17%. This is a boost from Compass Group's previous dividend of $0.21. The ex-dividend date is Thursday, January 16th. Compass Group's dividend payout ratio is currently 5,789.47%.
Insider Activity
In other Compass Group news, insider Dominic Blakemore sold 119,821 shares of the firm's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of GBX 2,692 ($34.11), for a total value of £3,225,581.32 ($4,087,153.22). Corporate insiders own 0.15% of the company's stock.
Compass Group Company Profile
(
Get Free Report)
Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.
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