Analysts Set Compass, Inc. (NYSE:COMP) Target Price at $9.61

Compass, Inc. (NYSE:COMP - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $9.75.

A number of brokerages recently commented on COMP. UBS Group raised their price target on Compass from $11.00 to $12.00 and gave the stock a "buy" rating in a research note on Wednesday, February 19th. The Goldman Sachs Group upped their target price on Compass from $9.00 to $10.00 and gave the stock a "buy" rating in a report on Friday. Barclays increased their target price on Compass from $7.00 to $9.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 25th. Oppenheimer lifted their price target on Compass from $12.00 to $13.00 and gave the company an "outperform" rating in a research report on Wednesday, February 19th. Finally, Morgan Stanley increased their price objective on Compass from $6.00 to $8.50 and gave the stock an "equal weight" rating in a report on Wednesday, February 19th.

Compass Stock Up 2.0 %

Shares of COMP traded up $0.19 during trading hours on Friday, hitting $9.58. The company had a trading volume of 6,269,675 shares, compared to its average volume of 4,758,981. Compass has a 52-week low of $3.03 and a 52-week high of $10.25. The stock's 50 day moving average price is $8.00 and its 200 day moving average price is $6.86. The firm has a market cap of $4.96 billion, a P/E ratio of -30.91 and a beta of 2.88.

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Compass (NYSE:COMP - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($0.08) earnings per share for the quarter, beating analysts' consensus estimates of ($0.10) by $0.02. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the firm posted ($0.09) earnings per share. On average, research analysts expect that Compass will post 0.09 EPS for the current fiscal year.

Insider Activity at Compass

In related news, CEO Robert L. Reffkin sold 804,893 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $5.91, for a total transaction of $4,756,917.63. Following the sale, the chief executive officer now directly owns 2,145,791 shares of the company's stock, valued at $12,681,624.81. This trade represents a 27.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Pamela Thomas-Graham sold 35,683 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $9.00, for a total transaction of $321,147.00. Following the transaction, the director now directly owns 93,990 shares of the company's stock, valued at $845,910. The trade was a 27.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,926,971 shares of company stock valued at $40,172,099. 6.25% of the stock is owned by insiders.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.