Brokerages Set Compass, Inc. (NYSE:COMP) Price Target at $13.77

Compass, Inc. (NYSE:COMP) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $14.1538.

Several research analysts have commented on the stock. UBS Group boosted their price objective on shares of Compass from $12.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Oppenheimer raised their target price on Compass from $15.00 to $18.00 and gave the company an “outperform” rating in a report on Wednesday. Barclays lifted their price target on Compass from $15.00 to $16.00 and gave the company an “overweight” rating in a research note on Wednesday. Zelman & Associates reissued a “neutral” rating and set a $13.50 price target on shares of Compass in a report on Thursday. Finally, Zacks Research upgraded Compass from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th.

Insider Buying and Selling

In other news, CEO Robert L. Reffkin sold 23,456 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $11.70, for a total value of $274,435.20. Following the completion of the transaction, the chief executive officer owned 7,757,748 shares of the company’s stock, valued at approximately $90,765,651.60. This represents a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 70,368 shares of company stock worth $748,246 over the last three months. 2.85% of the stock is currently owned by insiders.

Key Headlines Impacting Compass

Here are the key news stories impacting Compass this week:

• Positive Sentiment: Analysts see additional upside: Wells Fargo raised its price target to $13 from $12 while maintaining an equal-weight rating. Goldman Sachs also increased its target to $12 from $10.50. Zelman & Associates reaffirmed a neutral rating but set a $13.50 target, implying potential upside from recent levels. Wells Fargo Compass analyst update
• Positive Sentiment: Better-than-expected earnings support the stock: Compass reported quarterly revenue of $4.31 billion versus the $4.11 billion consensus estimate and adjusted earnings of $0.11 per share versus expectations of $0.08. Record net income, strong cash flow and faster-than-planned cost synergies reinforce the company’s profitability improvement story. Compass second-quarter results
• Neutral Sentiment: Analyst sentiment remains mixed: Zelman’s neutral rating contrasts with buy and outperform ratings from several other firms. The average analyst target is approximately $14.21, but the high valuation and limited profitability leave investors sensitive to execution and housing-market conditions. Zelman neutral rating
• Neutral Sentiment: CEO insider sale was limited: CEO Robert Reffkin sold 23,456 shares for about $274,000 under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by only 0.30%, making it a relatively weak bearish signal. Compass SEC insider filing
• Negative Sentiment: Private-listings controversy is the key overhang: Sen. Elizabeth Warren questioned Compass’s partnership with Chicago’s MRED private-listing network, arguing that the arrangement could increase risks of civil-rights violations and discriminatory access to housing. The criticism adds regulatory, reputational and potential legal risk while a congressional inquiry remains active. Compass defended the strategy as beneficial to consumers and agents, but the controversy may limit near-term upside. Senator Warren questions Compass private listings deal

Compass Trading Down 0.0%

Shares of Compass stock opened at $12.58 on Monday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.11. Compass has a 12-month low of $6.37 and a 12-month high of $13.95. The company has a market capitalization of $9.40 billion, a price-to-earnings ratio of 209.65 and a beta of 2.36. The firm’s 50-day moving average price is $10.80 and its two-hundred day moving average price is $9.75.

Compass (NYSE:COMP) last issued its earnings results on Tuesday, August 4th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.08 by $0.03. Compass had a net margin of 0.63% and a return on equity of 4.56%. The company had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $4.11 billion. On average, analysts forecast that Compass will post 0.22 earnings per share for the current fiscal year.

About Compass

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.