Short Interest in Compass, Inc. (NYSE:COMP) Rises By 56.0%

Compass, Inc. (NYSE:COMP - Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 26,920,000 shares, an increase of 56.0% from the March 15th total of 17,260,000 shares. Approximately 7.4% of the shares of the stock are sold short. Based on an average trading volume of 4,920,000 shares, the short-interest ratio is currently 5.5 days.

Compass Stock Down 1.9 %

Shares of COMP traded down $0.07 during mid-day trading on Friday, reaching $3.61. 4,869,894 shares of the company's stock were exchanged, compared to its average volume of 4,940,397. The company has a market cap of $1.77 billion, a price-to-earnings ratio of -5.31 and a beta of 2.89. Compass has a 52-week low of $1.82 and a 52-week high of $4.49. The company has a 50-day simple moving average of $3.60 and a two-hundred day simple moving average of $3.06.

Compass (NYSE:COMP - Get Free Report) last released its earnings results on Tuesday, February 27th. The company reported ($0.17) EPS for the quarter, hitting the consensus estimate of ($0.17). The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.14 billion. Compass had a negative net margin of 6.58% and a negative return on equity of 70.51%. During the same period in the previous year, the company earned ($0.36) EPS. As a group, equities research analysts predict that Compass will post -0.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

COMP has been the subject of a number of research reports. Barclays lifted their price target on shares of Compass from $2.50 to $4.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 5th. Gordon Haskett downgraded shares of Compass from a "hold" rating to an "underperform" rating and reduced their price target for the company from $2.75 to $2.25 in a research report on Wednesday, February 21st. BTIG Research reduced their price target on shares of Compass from $4.50 to $4.30 and set a "buy" rating for the company in a research report on Thursday, February 29th. Oppenheimer reiterated an "outperform" rating and set a $6.00 price target (up from $5.50) on shares of Compass in a research report on Wednesday, February 28th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $5.00 price target on shares of Compass in a research report on Wednesday, February 28th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $3.78.

About Compass

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.