Analysts Set Compass, Inc. (NYSE:COMP) PT at $13.67

Shares of Compass, Inc. (NYSE:COMP) have been assigned a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $13.6667.

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company upped their price objective on shares of Compass from $8.00 to $13.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 13th. Benchmark began coverage on shares of Compass in a research report on Thursday, March 26th. They set a “buy” rating and a $14.00 price target on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Compass in a research note on Wednesday, January 21st. Wall Street Zen lowered shares of Compass from a “buy” rating to a “hold” rating in a research note on Friday, January 23rd. Finally, JPMorgan Chase & Co. began coverage on shares of Compass in a research note on Monday, January 26th. They set an “overweight” rating and a $15.00 price objective on the stock.

Insider Transactions at Compass

In other news, CFO Scott R. Wahlers sold 99,986 shares of Compass stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $12.03, for a total transaction of $1,202,831.58. Following the transaction, the chief financial officer directly owned 250,073 shares in the company, valued at approximately $3,008,378.19. This trade represents a 28.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 4.08% of the company’s stock.

Compass Trading Down 1.6%

NYSE COMP opened at $7.07 on Tuesday. The company has a 50-day moving average price of $9.89 and a two-hundred day moving average price of $9.70. Compass has a 52 week low of $5.66 and a 52 week high of $13.95. The stock has a market cap of $5.24 billion, a price-to-earnings ratio of -70.64 and a beta of 2.62.

Compass (NYSE:COMP) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.69 billion. Compass had a negative net margin of 0.84% and a negative return on equity of 7.99%. As a group, equities research analysts expect that Compass will post 0.09 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.