Brokerages Set Compass, Inc. (NYSE:COMP) Target Price at $11.06

Shares of Compass, Inc. (NYSE:COMP) have received an average rating of “Moderate Buy” from the eleven ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $11.0556.

Several research analysts recently commented on COMP shares. BTIG Research boosted their price target on Compass from $11.00 to $12.50 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. UBS Group upped their target price on Compass from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Barclays upgraded Compass from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $9.00 to $13.00 in a research note on Monday, December 8th. Wells Fargo & Company lifted their price target on shares of Compass from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 5th. Finally, Odeon Capital Group initiated coverage on shares of Compass in a report on Wednesday, November 19th. They issued a “buy” rating on the stock.

Compass Trading Down 1.0%

Shares of COMP stock opened at $10.62 on Friday. The firm has a fifty day simple moving average of $9.35 and a 200-day simple moving average of $8.27. The company has a market capitalization of $5.96 billion, a PE ratio of -96.50 and a beta of 2.53. Compass has a twelve month low of $5.10 and a twelve month high of $11.07.

Compass (NYSE:COMP) last issued its quarterly earnings data on Tuesday, November 4th. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.79 billion. Compass had a negative net margin of 0.85% and a negative return on equity of 8.83%. Equities research analysts predict that Compass will post 0.09 EPS for the current year.

Insider Activity

In other news, CFO Scott R. Wahlers sold 26,600 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $11.00, for a total value of $292,600.00. Following the sale, the chief financial officer owned 313,625 shares in the company, valued at approximately $3,449,875. This represents a 7.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Bradley K. Serwin sold 20,953 shares of Compass stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $11.00, for a total value of $230,483.00. Following the completion of the transaction, the general counsel owned 258,712 shares of the company’s stock, valued at $2,845,832. This trade represents a 7.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 134,181 shares of company stock valued at $1,448,384 in the last three months. Insiders own 4.08% of the company’s stock.

Compass Company Profile

Compass, Inc is a technology-driven real estate brokerage firm that provides a full suite of services for home buyers, sellers and renters. Utilizing a proprietary software platform, the company equips its network of licensed real estate agents with data analytics, marketing automation and client relationship tools designed to enhance efficiency and transaction transparency.

Founded in 2012 by Ori Allon and Robert Reffkin, Compass has grown from a single office in New York City to serve more than 300 markets across the United States.