CompoSecure, Inc. (NASDAQ:CMPO) Receives Average Rating of "Moderate Buy" from Analysts

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) has earned an average rating of "Moderate Buy" from the eight analysts that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $16.19.

CMPO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. Lake Street Capital dropped their price target on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday, March 6th. Wall Street Zen lowered shares of CompoSecure from a "buy" rating to a "hold" rating in a research report on Thursday. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $15.00 target price on shares of CompoSecure in a research report on Tuesday, May 13th.

Insider Buying and Selling

In other CompoSecure news, insider Adam Joseph Lowe sold 18,818 shares of CompoSecure stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $10.97, for a total transaction of $206,433.46. Following the sale, the insider now owns 1,486,036 shares in the company, valued at $16,301,814.92. The trade was a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Joseph J. Deangelo purchased 45,045 shares of the firm's stock in a transaction on Monday, March 17th. The shares were acquired at an average price of $11.12 per share, for a total transaction of $500,900.40. Following the purchase, the director now directly owns 45,045 shares of the company's stock, valued at approximately $500,900.40. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 34,340 shares of company stock valued at $430,701. 74.99% of the stock is owned by company insiders.

Institutional Investors Weigh In On CompoSecure

A number of institutional investors have recently bought and sold shares of CMPO. Locust Wood Capital Advisers LLC boosted its stake in CompoSecure by 60.3% during the first quarter. Locust Wood Capital Advisers LLC now owns 7,339,015 shares of the company's stock worth $79,775,000 after buying an additional 2,759,872 shares in the last quarter. Corsair Capital Management L.P. acquired a new stake in CompoSecure during the first quarter worth $19,901,000. Capital World Investors acquired a new stake in CompoSecure during the fourth quarter worth $27,387,000. Divisadero Street Capital Management LP acquired a new stake in CompoSecure during the fourth quarter worth $16,075,000. Finally, Vanguard Group Inc. boosted its stake in CompoSecure by 65.7% during the first quarter. Vanguard Group Inc. now owns 2,337,323 shares of the company's stock worth $25,407,000 after buying an additional 926,389 shares in the last quarter. Institutional investors and hedge funds own 37.56% of the company's stock.

CompoSecure Stock Up 4.2%

Shares of NASDAQ:CMPO traded up $0.53 during trading on Friday, reaching $13.22. The stock had a trading volume of 1,806,077 shares, compared to its average volume of 853,026. CompoSecure has a 52 week low of $5.98 and a 52 week high of $17.71. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of -30.05, a P/E/G ratio of 2.63 and a beta of 0.87. The stock has a fifty day simple moving average of $11.18 and a two-hundred day simple moving average of $13.64.

CompoSecure (NASDAQ:CMPO - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.06. CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. The company had revenue of $103.90 million for the quarter, compared to analyst estimates of $103.22 million. On average, analysts forecast that CompoSecure will post 1.02 EPS for the current year.

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.