BidaskClub upgraded shares of Compass Minerals International, Inc. (NYSE:CMP) from a sell rating to a hold rating in a report issued on Wednesday morning.
CMP has been the topic of a number of other reports. Zacks Investment Research cut Compass Minerals International from a hold rating to a sell rating in a report on Tuesday, March 21st. BMO Capital Markets reissued a hold rating and set a $75.00 price target on shares of Compass Minerals International in a report on Friday, May 5th. Finally, TheStreet cut Compass Minerals International from a b rating to a c+ rating in a report on Wednesday, March 29th. Four equities research analysts have rated the stock with a hold rating, Compass Minerals International presently has a consensus rating of Hold and an average price target of $77.00.
Shares of Compass Minerals International (NYSE:CMP) traded up 0.90% on Wednesday, hitting $67.00. The stock had a trading volume of 262,383 shares. The stock has a market cap of $2.27 billion, a PE ratio of 16.92 and a beta of 0.44. Compass Minerals International has a 12 month low of $62.70 and a 12 month high of $84.40. The stock has a 50 day moving average of $65.94 and a 200-day moving average of $72.29.
Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Wednesday, May 3rd. The basic materials company reported $0.63 EPS for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.20. The business had revenue of $387.80 million for the quarter, compared to analysts’ expectations of $386.97 million. Compass Minerals International had a return on equity of 11.86% and a net margin of 11.40%. The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm earned $1.46 earnings per share. Equities research analysts anticipate that Compass Minerals International will post $3.09 EPS for the current year.
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A number of large investors have recently bought and sold shares of CMP. Bernzott Capital Advisors boosted its stake in Compass Minerals International by 19.8% in the first quarter. Bernzott Capital Advisors now owns 206,901 shares of the basic materials company’s stock worth $14,038,000 after buying an additional 34,170 shares in the last quarter. Viking Fund Management LLC boosted its stake in Compass Minerals International by 33.3% in the first quarter. Viking Fund Management LLC now owns 20,000 shares of the basic materials company’s stock worth $1,357,000 after buying an additional 5,000 shares in the last quarter. Federated Investors Inc. PA boosted its stake in Compass Minerals International by 2.5% in the fourth quarter. Federated Investors Inc. PA now owns 13,029 shares of the basic materials company’s stock worth $1,021,000 after buying an additional 322 shares in the last quarter. Norges Bank acquired a new stake in Compass Minerals International during the fourth quarter worth approximately $32,695,000. Finally, Access Financial Services Inc. acquired a new stake in Compass Minerals International during the fourth quarter worth approximately $1,144,000.
About Compass Minerals International
Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.
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