Shares of CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the eight ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $16.19.
A number of equities analysts have recently commented on the company. JPMorgan Chase & Co. cut their price objective on CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a report on Thursday, March 6th. Needham & Company LLC restated a "buy" rating and issued a $15.00 price objective on shares of CompoSecure in a report on Tuesday, May 13th. Wall Street Zen downgraded CompoSecure from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Finally, Lake Street Capital dropped their target price on CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a report on Thursday, March 6th.
View Our Latest Stock Analysis on CompoSecure
Insider Buying and Selling at CompoSecure
In other news, Director Joseph J. Deangelo bought 45,045 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was bought at an average price of $11.12 per share, for a total transaction of $500,900.40. Following the transaction, the director now owns 45,045 shares in the company, valued at $500,900.40. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Adam Joseph Lowe sold 5,000 shares of CompoSecure stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the completion of the transaction, the insider now owns 1,481,036 shares of the company's stock, valued at approximately $16,306,206.36. The trade was a 0.34% decrease in their position. The disclosure for this sale can be found here. 52.10% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in CMPO. Allspring Global Investments Holdings LLC acquired a new position in shares of CompoSecure in the 4th quarter worth approximately $526,000. Rhumbline Advisers grew its position in shares of CompoSecure by 32.7% in the 4th quarter. Rhumbline Advisers now owns 34,135 shares of the company's stock worth $523,000 after acquiring an additional 8,411 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of CompoSecure by 9.3% in the 4th quarter. Principal Financial Group Inc. now owns 11,399 shares of the company's stock worth $175,000 after acquiring an additional 967 shares in the last quarter. Truist Financial Corp grew its position in shares of CompoSecure by 286.9% in the 4th quarter. Truist Financial Corp now owns 48,368 shares of the company's stock worth $741,000 after acquiring an additional 35,868 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its position in CompoSecure by 76.3% during the 4th quarter. Wolverine Asset Management LLC now owns 9,335 shares of the company's stock valued at $143,000 after purchasing an additional 4,039 shares during the period. Institutional investors and hedge funds own 37.56% of the company's stock.
CompoSecure Price Performance
NASDAQ:CMPO traded down $0.53 during mid-day trading on Thursday, reaching $13.66. The company's stock had a trading volume of 614,767 shares, compared to its average volume of 892,046. The company's fifty day simple moving average is $12.02 and its two-hundred day simple moving average is $13.50. CompoSecure has a twelve month low of $6.14 and a twelve month high of $17.71. The stock has a market cap of $1.40 billion, a P/E ratio of -31.05, a P/E/G ratio of 2.63 and a beta of 0.95.
CompoSecure (NASDAQ:CMPO - Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.06. The firm had revenue of $103.90 million for the quarter, compared to analyst estimates of $103.22 million. CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. Sell-side analysts expect that CompoSecure will post 1.02 EPS for the current fiscal year.
About CompoSecure
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Get Free ReportCompoSecure, 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.
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