Compass Minerals International (NYSE:CMP) Issues Quarterly Earnings Results, Misses Expectations By $0.50 EPS

Compass Minerals International (NYSE:CMP - Get Free Report) announced its quarterly earnings results on Monday. The basic materials company reported ($0.55) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.50), Zacks reports. Compass Minerals International had a negative return on equity of 2.15% and a negative net margin of 19.24%. Compass Minerals International updated its FY 2025 guidance to EPS.

Compass Minerals International Trading Up 0.4 %

Shares of CMP traded up $0.05 during trading hours on Thursday, hitting $11.51. The company had a trading volume of 545,081 shares, compared to its average volume of 576,092. The company has a quick ratio of 0.80, a current ratio of 2.71 and a debt-to-equity ratio of 2.87. The firm has a market cap of $477.11 million, a P/E ratio of -2.21, a P/E/G ratio of 1.17 and a beta of 1.21. Compass Minerals International has a 52-week low of $7.51 and a 52-week high of $23.59. The stock's 50 day moving average price is $12.26 and its 200 day moving average price is $11.98.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CMP. JPMorgan Chase & Co. upgraded shares of Compass Minerals International from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $13.00 to $15.00 in a research report on Wednesday. StockNews.com upgraded Compass Minerals International from a "sell" rating to a "hold" rating in a report on Wednesday. Finally, BMO Capital Markets decreased their target price on Compass Minerals International from $18.00 to $17.00 and set a "market perform" rating for the company in a research report on Wednesday.

About Compass Minerals International

Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products.