Analysts Set CompoSecure, Inc. (NASDAQ:CMPO) Target Price at $15.07

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) has received a consensus rating of "Moderate Buy" from the seven ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $15.07.

A number of equities analysts have commented on CMPO shares. Lake Street Capital boosted their price target on shares of CompoSecure from $14.00 to $18.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. Bank of America increased their target price on CompoSecure from $9.00 to $10.00 and gave the company a "buy" rating in a research note on Thursday, August 8th. Benchmark upped their price objective on CompoSecure from $12.00 to $17.00 and gave the stock a "buy" rating in a report on Wednesday, September 18th. Needham & Company LLC raised their price objective on CompoSecure from $15.00 to $16.00 and gave the company a "buy" rating in a report on Thursday, August 8th. Finally, JPMorgan Chase & Co. lifted their price target on shares of CompoSecure from $8.00 to $12.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 20th.

Insider Activity at CompoSecure

In other CompoSecure news, Director Michele Logan sold 10,017,983 shares of the firm's stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $7.55, for a total value of $75,635,771.65. Following the sale, the director now owns 2,043,320 shares of the company's stock, valued at $15,427,066. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other CompoSecure news, Director Michele Logan sold 10,017,983 shares of the company's stock in a transaction that occurred on Tuesday, September 17th. The stock was sold at an average price of $7.55, for a total transaction of $75,635,771.65. Following the completion of the transaction, the director now owns 2,043,320 shares of the company's stock, valued at $15,427,066. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Adam Joseph Lowe sold 5,730 shares of CompoSecure stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $12.05, for a total value of $69,046.50. Following the completion of the sale, the insider now owns 1,292,219 shares in the company, 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. Insiders sold 10,867,586 shares of company stock worth $82,870,442 in the last three months. 74.99% of the stock is owned by insiders.

Institutional Investors Weigh In On CompoSecure

Institutional investors and hedge funds have recently modified their holdings of the stock. Pacific Ridge Capital Partners LLC increased its position in shares of CompoSecure by 146.9% during the second quarter. Pacific Ridge Capital Partners LLC now owns 486,462 shares of the company's stock valued at $3,308,000 after buying an additional 289,451 shares during the period. Rice Hall James & Associates LLC bought a new stake in shares of CompoSecure during the third quarter valued at approximately $3,766,000. Boston Partners boosted its holdings in shares of 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 buying an additional 161,333 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of CompoSecure by 165.4% in the 2nd quarter. Renaissance Technologies LLC now owns 209,389 shares of the company's stock worth $1,424,000 after buying an additional 130,489 shares during the period. Finally, GSA Capital Partners LLP increased its stake in shares of CompoSecure by 87.9% in the 1st quarter. GSA Capital Partners LLP now owns 103,875 shares of the company's stock worth $751,000 after acquiring an additional 48,586 shares in the last quarter. 37.56% of the stock is owned by hedge funds and other institutional investors.

CompoSecure Stock Performance

CompoSecure stock traded down $0.13 during midday trading on Wednesday, reaching $15.07. 567,562 shares of the stock were exchanged, compared to its average volume of 495,991. The company's fifty day moving average is $13.33 and its 200-day moving average is $9.45. CompoSecure has a 52 week low of $4.61 and a 52 week high of $15.76. The firm has a market cap of $1.21 billion, a PE ratio of 15.68, a PEG ratio of 1.05 and a beta of 0.78.

CompoSecure (NASDAQ:CMPO - Get Free Report) last announced its 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 business had revenue of $108.57 million for the quarter, compared to analyst estimates 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 in the prior year, the company earned $0.25 EPS. On average, sell-side analysts anticipate that CompoSecure will post 1.1 earnings per share for the current fiscal year.

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.