Compass Minerals International (NYSE:CMP) Given "Buy" Rating at Deutsche Bank Aktiengesellschaft

Compass Minerals International (NYSE:CMP - Get Free Report)'s stock had its "buy" rating restated by Deutsche Bank Aktiengesellschaft in a research note issued on Monday, Marketbeat Ratings reports. They presently have a $22.00 target price on the basic materials company's stock, up from their previous target price of $14.00. Deutsche Bank Aktiengesellschaft's price objective would suggest a potential upside of 11.77% from the stock's current price.

Several other research firms have also recently commented on CMP. Wall Street Zen raised Compass Minerals International from a "buy" rating to a "strong-buy" rating in a research report on Sunday, June 8th. BMO Capital Markets raised their price target on shares of Compass Minerals International from $15.00 to $20.00 and gave the company a "market perform" rating in a report on Monday, May 12th.

Compass Minerals International Stock Up 1.0%

CMP stock traded up $0.19 during trading on Monday, hitting $19.68. 501,409 shares of the stock traded hands, compared to its average volume of 807,771. The stock has a market cap of $816.89 million, a price-to-earnings ratio of -5.53 and a beta of 1.11. The company has a debt-to-equity ratio of 3.37, a current ratio of 1.84 and a quick ratio of 1.12. Compass Minerals International has a 1 year low of $7.51 and a 1 year high of $20.96. The firm's 50 day moving average is $17.62 and its two-hundred day moving average is $13.47.

Compass Minerals International (NYSE:CMP - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.24. The firm had revenue of $494.60 million for the quarter, compared to analysts' expectations of $413.96 million. Compass Minerals International had a negative net margin of 12.15% and a negative return on equity of 24.24%. The business's revenue was up 35.9% on a year-over-year basis. On average, sell-side analysts anticipate that Compass Minerals International will post -0.53 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Compass Minerals International by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,665 shares of the basic materials company's stock worth $192,000 after purchasing an additional 858 shares during the period. Price T Rowe Associates Inc. MD raised its position in Compass Minerals International by 2.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 38,063 shares of the basic materials company's stock worth $429,000 after acquiring an additional 983 shares during the period. SummerHaven Investment Management LLC raised its position in Compass Minerals International by 1.7% in the first quarter. SummerHaven Investment Management LLC now owns 73,947 shares of the basic materials company's stock worth $687,000 after acquiring an additional 1,233 shares during the period. Schonfeld Strategic Advisors LLC boosted its stake in shares of Compass Minerals International by 7.0% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 20,540 shares of the basic materials company's stock worth $231,000 after acquiring an additional 1,340 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Compass Minerals International by 3.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 49,191 shares of the basic materials company's stock valued at $457,000 after acquiring an additional 1,535 shares during the period. 99.78% of the stock is owned by hedge funds and other institutional investors.

Compass Minerals International Company Profile

Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products.