Compass, Inc. (NYSE:COMP) Receives Average Recommendation of "Moderate Buy" from Brokerages

Compass, Inc. (NYSE:COMP - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the eight analysts that are covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $9.09.

COMP has been the topic of several research reports. Morgan Stanley decreased their price target on shares of Compass from $8.50 to $8.00 and set an "equal weight" rating on the stock in a research note on Friday, May 9th. UBS Group cut their price objective on shares of Compass from $12.00 to $11.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Wells Fargo & Company initiated coverage on shares of Compass in a report on Monday, April 28th. They issued a "positive" rating and a $8.00 target price for the company. Needham & Company LLC lowered their price objective on Compass from $12.00 to $11.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Finally, Oppenheimer reaffirmed an "outperform" rating and issued a $12.00 price objective (down previously from $13.00) on shares of Compass in a research note on Friday, May 9th.

Insider Transactions at Compass

In other news, CEO Robert L. Reffkin sold 775,490 shares of the business's stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $7.91, for a total transaction of $6,134,125.90. Following the transaction, the chief executive officer now directly owns 363,646 shares of the company's stock, valued at approximately $2,876,439.86. The trade was a 68.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Scott R. Wahlers sold 250,000 shares of the business's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $9.27, for a total value of $2,317,500.00. Following the transaction, the chief accounting officer now directly owns 329,187 shares in the company, valued at $3,051,563.49. This trade represents a 43.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,198,645 shares of company stock valued at $120,452,016. 4.08% of the stock is owned by corporate insiders.

Compass Stock Down 3.1%

Compass stock traded down $0.20 during midday trading on Friday, hitting $6.15. 1,598,546 shares of the stock were exchanged, compared to its average volume of 5,454,473. The company has a fifty day simple moving average of $8.03 and a two-hundred day simple moving average of $7.35. Compass has a 52 week low of $3.34 and a 52 week high of $10.25. The stock has a market capitalization of $3.18 billion, a PE ratio of -19.79 and a beta of 2.80.

Compass (NYSE:COMP - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share for the quarter, beating analysts' consensus estimates of ($0.10) by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.38 billion. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. During the same quarter in the previous year, the firm posted ($0.09) earnings per share. As a group, equities research analysts anticipate that Compass will post 0.09 EPS for the current fiscal year.

About Compass

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.