Compass Minerals International - CMP Stock Forecast, Price & News

Compass Minerals International, Inc., produces and sells essential minerals primarily in the United States, Canada, Brazil, the United Kingdom, and internationally. It operates through three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers 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 salt to produce specialty products. This segment provides products for use as a deicer for roadways, consumer, and professional use; as an ingredient in chemical production; for water treatment, human, and animal nutrition; and for various other consumer and industrial uses, as well as records management services. The Plant Nutrition North America segment offers sulfate of potash specialty fertilizers in various grades, including agricultural products that are used in broadcast spreaders, direct application, and liquid fertilizer solutions; turf products used by the turf and ornamental markets, as well as for blends used on golf course greens; organic products under the Protassium+ brand; and micronutrient products under the Wolf Trax and other brands. This segment provides its products to distributors and retailers of crop inputs, as well as growers. The Plant Nutrition South America segment offers various specialty plant nutrients and supplements; water and wastewater treatment chemicals for cleaning, decontaminating, and purifying water; and process chemicals for industrial use. The company was formerly known as Salt Holdings Corporation and changed its name to Compass Minerals International, Inc. in December 2003. Compass Minerals International, Inc. was founded in 1993 and is headquartered in Overland Park, Kansas.

Compass Minerals International Trading Up 3.6 %

Compass Minerals International stock traded up $1.52 during trading hours on Friday, hitting $43.22. The stock had a trading volume of 320,967 shares, compared to its average volume of 335,774. The company has a quick ratio of 1.11, a current ratio of 2.53 and a debt-to-equity ratio of 2.94. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of -19.92 and a beta of 1.45. Compass Minerals International has a one year low of $30.67 and a one year high of $75.44. The business's 50 day simple moving average is $36.33 and its 200-day simple moving average is $49.25.

Compass Minerals International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 20th. Shareholders of record on Friday, June 10th were given a $0.15 dividend. The ex-dividend date was Thursday, June 9th. This represents a $0.60 annualized dividend and a yield of 1.39%. Compass Minerals International's dividend payout ratio is presently -27.65%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CMP shares. CL King dropped their price target on Compass Minerals International from $67.00 to $52.00 in a research note on Wednesday, May 11th. BMO Capital Markets upped their price objective on Compass Minerals International from $60.00 to $63.00 and gave the company a "market perform" rating in a report on Monday, April 18th. TheStreet lowered Compass Minerals International from a "c-" rating to a "d+" rating in a report on Wednesday, May 18th. StockNews.com raised Compass Minerals International from a "sell" rating to a "hold" rating in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Compass Minerals International from $73.00 to $55.00 in a report on Monday, May 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $58.83.

Insider Buying and Selling at Compass Minerals International

In other news, CEO Kevin S. Crutchfield bought 1,330 shares of the company's stock in a transaction on Wednesday, June 15th. The stock was purchased at an average cost of $37.48 per share, for a total transaction of $49,848.40. Following the completion of the transaction, the chief executive officer now owns 50,295 shares of the company's stock, valued at $1,885,056.60. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, CEO Kevin S. Crutchfield acquired 1,330 shares of the stock in a transaction dated Wednesday, June 15th. The stock was bought at an average cost of $37.48 per share, for a total transaction of $49,848.40. Following the completion of the transaction, the chief executive officer now directly owns 50,295 shares of the company's stock, valued at $1,885,056.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph E. Reece acquired 5,000 shares of the stock in a transaction dated Thursday, June 16th. The shares were bought at an average price of $33.41 per share, with a total value of $167,050.00. Following the completion of the transaction, the director now directly owns 11,000 shares of the company's stock, valued at $367,510. The disclosure for this purchase can be found here. Over the last three months, insiders bought 8,780 shares of company stock worth $303,533. 1.05% of the stock is currently owned by insiders.