Analysts Set CompoSecure, Inc. (NASDAQ:CMPO) PT at $16.19

CompoSecure, Inc. (NASDAQ:CMPO - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight research firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $16.19.

A number of equities analysts have commented on the stock. Lake Street Capital dropped their target price on shares of CompoSecure from $18.00 to $15.00 and set a "buy" rating on the stock in a research note 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, May 22nd. JPMorgan Chase & Co. reduced their target price on shares of CompoSecure from $16.00 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, March 6th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $15.00 target price on shares of CompoSecure in a research note on Tuesday, May 13th.

Insider Activity at CompoSecure

In other news, Director Joseph J. Deangelo purchased 45,045 shares of the business's stock in a transaction dated Monday, March 17th. The shares were bought at an average cost of $11.12 per share, for a total transaction of $500,900.40. Following the completion of the acquisition, the director now directly owns 45,045 shares in the company, valued at approximately $500,900.40. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Adam Joseph Lowe sold 5,000 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $11.01, for a total value of $55,050.00. Following the sale, the insider now owns 1,481,036 shares in the company, valued at $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 corporate insiders.

Institutional Investors Weigh In On CompoSecure

Large investors have recently added to or reduced their stakes in the stock. Bwcp LP raised its position in CompoSecure by 10.3% during the 1st quarter. Bwcp LP now owns 773,227 shares of the company's stock worth $8,405,000 after purchasing an additional 72,026 shares during the last quarter. AQR Capital Management LLC boosted its stake in CompoSecure by 27.2% during the 1st quarter. AQR Capital Management LLC now owns 126,714 shares of the company's stock valued at $1,377,000 after purchasing an additional 27,064 shares during the last quarter. Alyeska Investment Group L.P. lifted its position in shares of CompoSecure by 20.8% during the 1st quarter. Alyeska Investment Group L.P. now owns 356,556 shares of the company's stock worth $3,876,000 after buying an additional 61,452 shares in the last quarter. Ancora Advisors LLC bought a new stake in shares of CompoSecure in the 1st quarter worth approximately $2,422,000. Finally, PDT Partners LLC bought a new stake in CompoSecure during the 1st quarter valued at $2,157,000. Institutional investors and hedge funds own 37.56% of the company's stock.

CompoSecure Stock Performance

Shares of CMPO traded down $0.53 during mid-day trading on Thursday, reaching $13.66. The company had a trading volume of 614,767 shares, compared to its average volume of 889,268. CompoSecure has a 52 week low of $6.13 and a 52 week high of $17.71. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of -31.05, a price-to-earnings-growth ratio of 2.63 and a beta of 0.95. The firm has a 50-day moving average price of $12.02 and a 200 day moving average price of $13.52.

CompoSecure (NASDAQ:CMPO - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.25 earnings per share (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 firm had revenue of $103.90 million during the quarter, compared to the consensus estimate of $103.22 million. As a group, research analysts forecast that CompoSecure will post 1.02 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.