Compass, Inc. (NYSE:COMP) Given Average Rating of "Moderate Buy" by Brokerages

Shares of Compass, Inc. (NYSE:COMP - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the seven analysts that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $9.75.

A number of research firms recently weighed in on COMP. UBS Group decreased their price target on Compass from $12.00 to $11.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Oppenheimer boosted their target price on shares of Compass from $12.00 to $13.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 19th. Morgan Stanley increased their price target on shares of Compass from $6.00 to $8.50 and gave the company an "equal weight" rating in a report on Wednesday, February 19th. Needham & Company LLC reiterated a "buy" rating and issued a $12.00 price objective on shares of Compass in a research note on Friday, March 14th. Finally, The Goldman Sachs Group upped their target price on shares of Compass from $10.00 to $11.00 and gave the stock a "buy" rating in a research report on Thursday, March 27th.

Compass Stock Performance

Compass stock traded down $0.30 during mid-day trading on Tuesday, reaching $7.30. 7,615,166 shares of the company were exchanged, compared to its average volume of 5,090,799. The firm has a market cap of $3.78 billion, a PE ratio of -23.53 and a beta of 2.79. The firm's 50-day simple moving average is $8.57 and its two-hundred day simple moving average is $7.16. Compass has a twelve month low of $3.03 and a twelve month high of $10.25.

Compass (NYSE:COMP - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.02. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. The company had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $1.38 billion. During the same period in the previous year, the company posted ($0.09) EPS. As a group, equities research analysts anticipate that Compass will post 0.09 EPS for the current year.

Insider Activity at Compass

In other Compass news, CEO Robert L. Reffkin sold 2,000,000 shares of the company's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $9.46, for a total value of $18,920,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Pamela Thomas-Graham sold 35,683 shares of the firm's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $9.00, for a total transaction of $321,147.00. Following the sale, the director now directly owns 93,990 shares in the company, valued at $845,910. This represents a 27.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,888,984 shares of company stock valued at $125,444,524. Insiders own 6.25% of the company's stock.

About Compass

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.