Compass Minerals International, Inc. $CMP Position Increased by Long Focus Capital Management LLC

Key Points

• Long Focus Capital Management LLC increased its stake in Compass Minerals International by 48.2% in Q1, acquiring an additional 72,370 shares, bringing their total ownership to 222,370 shares worth approximately $2.1 million.
• Compass Minerals saw a stock price decline of 1.0%, trading at $19.06 while experiencing a PE ratio of -6.53 and a market cap of $794.74 million.
• In its most recent earnings report, Compass Minerals posted an EPS of ($0.39), missing analyst estimates and showing a year-over-year revenue growth of 5.8%.

Long Focus Capital Management LLC lifted its position in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 48.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 222,370 shares of the basic materials company's stock after purchasing an additional 72,370 shares during the period. Long Focus Capital Management LLC owned about 0.54% of Compass Minerals International worth $2,066,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Koch Inc. acquired a new stake in shares of Compass Minerals International in the 4th quarter valued at about $79,139,000. Net Worth Advisory Group acquired a new stake in shares of Compass Minerals International in the 1st quarter valued at about $178,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Compass Minerals International by 18.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 105,915 shares of the basic materials company's stock valued at $1,192,000 after purchasing an additional 16,558 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Compass Minerals International by 361.4% in the 1st quarter. GAMMA Investing LLC now owns 4,812 shares of the basic materials company's stock valued at $45,000 after purchasing an additional 3,769 shares in the last quarter. Finally, Federated Hermes Inc. acquired a new stake in shares of Compass Minerals International in the 1st quarter valued at about $40,000. 99.78% of the stock is owned by institutional investors and hedge funds.

Compass Minerals International Price Performance

Shares of NYSE:CMP traded down $0.30 during trading hours on Thursday, hitting $18.64. 139,674 shares of the company's stock traded hands, compared to its average volume of 637,042. Compass Minerals International, Inc. has a 52 week low of $7.51 and a 52 week high of $22.69. The company has a debt-to-equity ratio of 3.30, a quick ratio of 1.15 and a current ratio of 2.15. The company's fifty day simple moving average is $20.41 and its two-hundred day simple moving average is $16.27. The company has a market cap of $776.87 million, a price-to-earnings ratio of -6.37 and a beta of 1.07.

Compass Minerals International (NYSE:CMP - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The basic materials company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.26). Compass Minerals International had a negative net margin of 9.87% and a negative return on equity of 16.70%. The business had revenue of $214.60 million for the quarter, compared to the consensus estimate of $208.60 million. During the same quarter last year, the business posted ($1.05) EPS. The business's revenue for the quarter was up 5.8% on a year-over-year basis. Compass Minerals International has set its FY 2025 guidance at EPS. As a group, equities analysts anticipate that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CMP has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. restated an "underweight" rating and issued a $18.00 target price (up previously from $15.00) on shares of Compass Minerals International in a research note on Wednesday, August 13th. Wall Street Zen lowered shares of Compass Minerals International from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. Zacks Research raised shares of Compass Minerals International to a "hold" rating in a report on Monday, August 11th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $22.00 target price (up from $14.00) on shares of Compass Minerals International in a report on Monday, June 23rd. Finally, BMO Capital Markets increased their target price on shares of Compass Minerals International from $15.00 to $20.00 and gave the stock a "market perform" rating in a report on Monday, May 12th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Compass Minerals International currently has an average rating of "Hold" and an average target price of $20.00.

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.