CompoSecure, Inc. (NASDAQ:CMPO) Receives $16.81 Average PT from Analysts

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) has received a consensus rating of "Moderate Buy" from the eight brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $16.81.

A number of brokerages recently weighed in on CMPO. B. Riley lifted their price objective on shares of CompoSecure from $18.00 to $23.00 and gave the company a "buy" rating in a report on Monday, November 11th. TD Cowen assumed coverage on shares of CompoSecure in a research report on Wednesday. They issued a "buy" rating and a $20.00 price target for the company. Needham & Company LLC reaffirmed a "buy" rating and set a $16.00 price objective on shares of CompoSecure in a research report on Monday, November 11th. Lake Street Capital lifted their target price on CompoSecure from $14.00 to $18.00 and gave the company a "buy" rating in a report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. upped their price target on CompoSecure from $12.00 to $16.00 and gave the stock a "neutral" rating in a report on Monday, December 2nd.

Insider Activity

In other news, COO Gregoire Maes sold 55,137 shares of the business's stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $16.40, for a total transaction of $904,246.80. Following the completion of the sale, the chief operating officer now owns 762,009 shares in the company, valued at approximately $12,496,947.60. The trade was a 6.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Adam Joseph Lowe sold 34,310 shares of the company's stock in a transaction on Friday, December 6th. The shares were sold at an average price of $16.24, for a total transaction of $557,194.40. Following the completion of the transaction, the insider now owns 1,315,068 shares of the company's stock, valued at approximately $21,356,704.32. The trade was a 2.54 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 180,660 shares of company stock worth $2,921,066. 74.99% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CompoSecure

Several hedge funds and other institutional investors have recently bought and sold shares of CMPO. Wealth Enhancement Advisory Services LLC grew its holdings in shares of CompoSecure by 1.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 40,944 shares of the company's stock worth $574,000 after purchasing an additional 701 shares during the last quarter. CWM LLC boosted its position in shares of CompoSecure by 42.0% in the 3rd quarter. CWM LLC now owns 5,192 shares of the company's stock valued at $73,000 after purchasing an additional 1,536 shares during the period. Bard Associates Inc. boosted its position in shares of CompoSecure by 0.6% in the 3rd quarter. Bard Associates Inc. now owns 305,247 shares of the company's stock valued at $4,280,000 after purchasing an additional 1,957 shares during the period. Rhumbline Advisers grew its stake in CompoSecure by 17.3% during the 2nd quarter. Rhumbline Advisers now owns 19,521 shares of the company's stock worth $133,000 after buying an additional 2,877 shares during the last quarter. Finally, nVerses Capital LLC acquired a new position in CompoSecure during the third quarter worth approximately $72,000. 37.56% of the stock is currently owned by institutional investors and hedge funds.

CompoSecure Price Performance

Shares of NASDAQ:CMPO traded down $0.11 during mid-day trading on Thursday, reaching $15.57. 782,616 shares of the company were exchanged, compared to its average volume of 548,589. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of -35.39, a P/E/G ratio of 2.65 and a beta of 0.76. CompoSecure has a 1 year low of $4.61 and a 1 year high of $17.03. The firm's 50-day simple moving average is $15.36 and its 200 day simple moving average is $11.64.

CompoSecure (NASDAQ:CMPO - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $107.14 million during the quarter, compared to analysts' expectations of $105.11 million. CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. During the same quarter in the prior year, the firm posted $0.24 EPS. On average, research analysts forecast that CompoSecure will post 1.02 earnings per share for the current fiscal year.

About CompoSecure

CompoSecure, 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.