CompoSecure, Inc. (NASDAQ:CMPO) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $25.50.

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on CompoSecure from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. TD Cowen boosted their price objective on shares of CompoSecure from $22.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Benchmark raised their target price on shares of CompoSecure from $24.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Needham & Company LLC boosted their price target on shares of CompoSecure from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Finally, Lake Street Capital reissued a “buy” rating on shares of CompoSecure in a research note on Wednesday, December 24th.

CompoSecure Price Performance

Shares of NASDAQ:CMPO opened at $18.71 on Monday. The stock’s 50-day moving average is $19.84 and its 200 day moving average is $18.31. The company has a market cap of $2.37 billion, a PE ratio of -11.14 and a beta of 0.97. CompoSecure has a 1 year low of $9.24 and a 1 year high of $26.78.

Institutional Investors Weigh In On CompoSecure

Several hedge funds have recently made changes to their positions in CMPO. Thrivent Financial for Lutherans purchased a new stake in CompoSecure in the third quarter worth $34,367,000. Locust Wood Capital Advisers LLC grew its position in shares of CompoSecure by 14.5% in the 3rd quarter. Locust Wood Capital Advisers LLC now owns 9,341,954 shares of the company’s stock worth $194,499,000 after buying an additional 1,183,627 shares during the period. AlTi Global Inc. grew its position in shares of CompoSecure by 117.0% in the 3rd quarter. AlTi Global Inc. now owns 807,557 shares of the company’s stock worth $16,813,000 after buying an additional 435,347 shares during the period. Jupiter Asset Management Ltd. increased its stake in shares of CompoSecure by 319.0% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 570,633 shares of the company’s stock worth $8,040,000 after acquiring an additional 434,456 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in CompoSecure by 31.3% during the 3rd quarter. Bank of America Corp DE now owns 1,513,218 shares of the company’s stock valued at $31,505,000 after acquiring an additional 361,025 shares during the period. 37.56% of the stock is currently owned by institutional investors.

About CompoSecure

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.