CompoSecure, Inc. (NASDAQ:CMPO) Given Average Recommendation of "Moderate Buy" by Analysts

Shares of CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) have earned a consensus rating of "Moderate Buy" from the seven brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $15.07.

A number of research analysts have recently weighed in on the stock. Compass Point increased their target price on shares of CompoSecure from $11.50 to $14.50 and gave the company a "buy" rating in a research report on Tuesday, August 20th. Lake Street Capital raised their price objective on shares of CompoSecure from $14.00 to $18.00 and gave the company a "buy" rating in a research report on Wednesday. JPMorgan Chase & Co. lifted their target price on shares of CompoSecure from $8.00 to $12.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 20th. Benchmark upped their price target on shares of CompoSecure from $12.00 to $17.00 and gave the company a "buy" rating in a report on Wednesday, September 18th. Finally, Bank of America upped their price objective on shares of CompoSecure from $9.00 to $10.00 and gave the stock a "buy" rating in a report on Thursday, August 8th.

CompoSecure Price Performance

CMPO stock traded up $0.33 during trading on Friday, reaching $13.93. 583,174 shares of the company were exchanged, compared to its average volume of 463,211. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 14.36, a P/E/G ratio of 1.00 and a beta of 0.78. CompoSecure has a twelve month low of $4.61 and a twelve month high of $14.20. The company has a 50-day moving average of $11.50 and a two-hundred day moving average of $8.49.

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

Insider Activity

In other CompoSecure news, insider Adam Joseph Lowe sold 5,730 shares of the stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $12.05, for a total transaction of $69,046.50. Following the completion of the transaction, the insider now owns 1,292,219 shares in the company, valued at $15,571,238.95. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CEO Jonathan Wilk sold 618,014 shares of the firm's stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $7.55, for a total value of $4,666,005.70. Following the completion of the sale, the chief executive officer now owns 618,013 shares in the company, valued at approximately $4,665,998.15. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Adam Joseph Lowe sold 5,730 shares of CompoSecure stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $12.05, for a total transaction of $69,046.50. Following the transaction, the insider now directly owns 1,292,219 shares of the company's stock, valued at approximately $15,571,238.95. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,867,586 shares of company stock worth $82,870,442. 74.99% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. CWM LLC lifted its holdings in shares of CompoSecure by 205.9% in the 2nd quarter. CWM LLC now owns 3,656 shares of the company's stock worth $25,000 after buying an additional 2,461 shares during the period. Sandia Investment Management LP purchased a new position in CompoSecure during the second quarter valued at approximately $68,000. Ritholtz Wealth Management bought a new position in CompoSecure in the second quarter worth approximately $84,000. Algert Global LLC bought a new stake in CompoSecure during the 2nd quarter valued at $84,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of CompoSecure in the 1st quarter valued at $91,000. 37.56% of the stock is currently owned by institutional investors.

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.