CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) has been given an average rating of "Moderate Buy" by the eight ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $16.81.
Several brokerages have weighed in on CMPO. TD Cowen began coverage on shares of CompoSecure in a research report on Wednesday, December 18th. They set a "buy" rating and a $20.00 target price on the stock. Benchmark restated a "buy" rating and set a $17.00 target price on shares of CompoSecure in a research report on Tuesday, November 12th. JPMorgan Chase & Co. upped their target price on shares of CompoSecure from $12.00 to $16.00 and gave the stock a "neutral" rating in a research report on Monday, December 2nd. B. Riley upped their target price on shares of CompoSecure from $18.00 to $23.00 and gave the stock a "buy" rating in a research report on Monday, November 11th. Finally, Needham & Company LLC restated a "buy" rating and set a $16.00 target price on shares of CompoSecure in a research report on Monday, November 11th.
Get Our Latest Stock Analysis on CompoSecure
Insider Activity
In other news, insider Adam Joseph Lowe sold 66,350 shares of CompoSecure stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $15.91, for a total value of $1,055,628.50. Following the completion of the transaction, the insider now directly owns 1,358,692 shares of the company's stock, valued at approximately $21,616,789.72. The trade was a 4.66 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Gregoire Maes sold 24,323 shares of CompoSecure stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $16.25, for a total transaction of $395,248.75. Following the completion of the sale, the chief operating officer now owns 762,009 shares in the company, valued at approximately $12,382,646.25. This represents a 3.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 180,660 shares of company stock valued at $2,921,066. Company insiders own 74.99% of the company's stock.
Institutional Trading of CompoSecure
Several hedge funds have recently bought and sold shares of CMPO. nVerses Capital LLC bought a new stake in CompoSecure in the 3rd quarter valued at about $72,000. CWM LLC raised its position in shares of CompoSecure by 42.0% during the 3rd quarter. CWM LLC now owns 5,192 shares of the company's stock worth $73,000 after buying an additional 1,536 shares in the last quarter. Wolverine Asset Management LLC bought a new stake in shares of CompoSecure during the 3rd quarter worth about $74,000. FMR LLC raised its position in shares of CompoSecure by 693.0% during the 3rd quarter. FMR LLC now owns 5,900 shares of the company's stock worth $83,000 after buying an additional 5,156 shares in the last quarter. Finally, Algert Global LLC bought a new stake in shares of CompoSecure during the 2nd quarter worth about $84,000. 37.56% of the stock is currently owned by institutional investors.
CompoSecure Stock Down 5.3 %
NASDAQ CMPO traded down $0.84 during trading hours on Friday, hitting $14.92. 738,079 shares of the stock were exchanged, compared to its average volume of 863,311. The company has a market cap of $1.31 billion, a price-to-earnings ratio of -33.96, a price-to-earnings-growth ratio of 2.51 and a beta of 0.78. CompoSecure has a 12-month low of $4.61 and a 12-month high of $17.03. The stock has a 50-day moving average of $15.55 and a 200 day moving average of $13.86.
CompoSecure (NASDAQ:CMPO - Get Free Report) last posted its quarterly earnings results on Friday, November 8th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. The firm had revenue of $107.14 million for the quarter, compared to analysts' expectations of $105.11 million. During the same period in the prior year, the company earned $0.24 earnings per share. On average, equities research analysts expect that CompoSecure will post 1.02 earnings per share for the current year.
About CompoSecure
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Get Free ReportCompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.
Further Reading
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