CompoSecure (NASDAQ:CMPO) Reaches New 1-Year High - Still a Buy?

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $15.55 and last traded at $15.40, with a volume of 617353 shares trading hands. The stock had previously closed at $15.08.

Analyst Upgrades and Downgrades

CMPO has been the subject of several recent research reports. Bank of America lifted their price target on CompoSecure from $9.00 to $10.00 and gave the company a "buy" rating in a research report on Thursday, August 8th. Compass Point lifted their price target on CompoSecure from $11.50 to $14.50 and gave the company a "buy" rating in a research report on Tuesday, August 20th. Needham & Company LLC lifted their price target on CompoSecure from $15.00 to $16.00 and gave the company a "buy" rating in a research report on Thursday, August 8th. Benchmark lifted their price target on CompoSecure from $12.00 to $17.00 and gave the company a "buy" rating in a research report on Wednesday, September 18th. Finally, JPMorgan Chase & Co. lifted their price objective on CompoSecure from $8.00 to $12.00 and gave the company a "neutral" rating in a research note on Tuesday, August 20th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, CompoSecure currently has an average rating of "Moderate Buy" and an average price target of $15.07.

CompoSecure Price Performance

The company has a market cap of $1.24 billion, a P/E ratio of 15.89, a price-to-earnings-growth ratio of 1.05 and a beta of 0.78. The company has a 50 day moving average of $12.84 and a 200-day moving average of $9.09.

CompoSecure (NASDAQ:CMPO - Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.01. CompoSecure had a negative return on equity of 11.78% and a net margin of 6.33%. The firm had revenue of $108.57 million during the quarter, compared to analyst estimates of $102.22 million. During the same quarter in the previous year, the company posted $0.25 earnings per share. Research analysts anticipate that CompoSecure, Inc. will post 1.1 EPS for the current year.

Insiders Place Their Bets

In other CompoSecure news, insider Adam Joseph Lowe sold 45,000 shares of CompoSecure stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $11.06, for a total transaction of $497,700.00. Following the completion of the sale, the insider now owns 1,292,219 shares of the company's stock, valued at $14,291,942.14. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CRO Amanda Mandy Gourbault sold 130,859 shares of the business's stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $11.08, for a total value of $1,449,917.72. Following the completion of the sale, the executive now owns 908,641 shares of the company's stock, valued at approximately $10,067,742.28. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Adam Joseph Lowe sold 45,000 shares of the business's stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $11.06, for a total value of $497,700.00. Following the completion of the sale, the insider now directly owns 1,292,219 shares of the company's stock, valued at approximately $14,291,942.14. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,867,586 shares of company stock valued at $82,870,442 over the last 90 days. Insiders own 74.99% of the company's stock.

Institutional Investors Weigh In On CompoSecure

Hedge funds and other institutional investors have recently modified their holdings of the stock. Pacific Ridge Capital Partners LLC bought a new stake in shares of CompoSecure in the 1st quarter valued at about $1,424,000. Boston Partners increased its holdings in CompoSecure by 40.8% during the 1st quarter. Boston Partners now owns 557,136 shares of the company's stock valued at $4,028,000 after purchasing an additional 161,333 shares during the period. Renaissance Technologies LLC increased its holdings in CompoSecure by 165.4% during the 2nd quarter. Renaissance Technologies LLC now owns 209,389 shares of the company's stock valued at $1,424,000 after purchasing an additional 130,489 shares during the period. Bailard Inc. purchased a new position in CompoSecure during the 2nd quarter valued at about $259,000. Finally, Rhumbline Advisers increased its holdings in CompoSecure by 17.3% during the 2nd quarter. Rhumbline Advisers now owns 19,521 shares of the company's stock valued at $133,000 after purchasing an additional 2,877 shares during the period. Institutional investors own 37.56% of the company's stock.

CompoSecure Company Profile

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.