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

Compass, Inc. (NYSE:COMP - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the eight analysts that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $9.09.

A number of equities analysts recently weighed in on COMP shares. Barclays decreased their price target on Compass from $9.00 to $8.00 and set an "equal weight" rating for the company in a research report on Friday. Wells Fargo & Company initiated coverage on shares of Compass in a research report on Monday, April 28th. They set a "positive" rating and a $8.00 price objective on the stock. Needham & Company LLC cut their target price on shares of Compass from $12.00 to $11.00 and set a "buy" rating on the stock in a research note on Friday. UBS Group lowered their price target on Compass from $12.00 to $11.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Finally, The Goldman Sachs Group upped their price target on Compass from $10.00 to $11.00 and gave the company a "buy" rating in a research report on Thursday, March 27th.

Insider Activity at Compass

In other Compass news, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of the business's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $9.15, for a total value of $91,500,000.00. Following the completion of the sale, the insider now directly owns 48,070,273 shares of the company's stock, valued at $439,842,997.95. The trade was a 17.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Robert L. Reffkin sold 2,000,000 shares of the stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $9.46, for a total transaction of $18,920,000.00. 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. Insiders own 4.08% of the company's stock.

Compass Price Performance

Shares of COMP traded down $0.01 during midday trading on Friday, reaching $6.46. The stock had a trading volume of 9,129,922 shares, compared to its average volume of 5,472,178. The firm's 50 day moving average price is $8.12 and its 200-day moving average price is $7.37. Compass has a 52 week low of $3.34 and a 52 week high of $10.25. The company has a market capitalization of $3.34 billion, a P/E ratio of -20.84 and a beta of 2.80.

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

Compass Company Profile

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.