Shares of Compass Minerals International, Inc. (NYSE:CMP) have been given a consensus recommendation of “Hold” by the nine ratings firms that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $73.75.
Several research analysts have weighed in on CMP shares. TheStreet upgraded Compass Minerals International from a “c+” rating to a “b” rating in a report on Thursday, November 30th. Stifel Nicolaus cut their price target on Compass Minerals International from $85.00 to $79.00 and set a “buy” rating for the company in a report on Friday, February 16th. Zacks Investment Research upgraded Compass Minerals International from a “sell” rating to a “hold” rating in a report on Tuesday, February 13th. BMO Capital Markets cut their price target on Compass Minerals International from $75.00 to $70.00 and set a “market perform” rating for the company in a report on Thursday, February 15th. Finally, ValuEngine downgraded Compass Minerals International from a “hold” rating to a “sell” rating in a report on Thursday, March 1st.
In other news, insider Francis Joseph Malecha sold 1,572 shares of the business’s stock in a transaction on Monday, March 12th. The shares were sold at an average price of $63.21, for a total transaction of $99,366.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 2,229 shares of company stock valued at $140,895 over the last three months. Corporate insiders own 0.78% of the company’s stock.
Shares of Compass Minerals International stock traded up $0.15 on Thursday, reaching $60.45. The company’s stock had a trading volume of 271,508 shares, compared to its average volume of 420,841. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.75 and a quick ratio of 1.67. The firm has a market cap of $2,045.14, a P/E ratio of 48.36 and a beta of 0.69. Compass Minerals International has a 52 week low of $56.50 and a 52 week high of $76.65.
Compass Minerals International (NYSE:CMP) last issued its quarterly earnings results on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.37 by $0.29. The company had revenue of $457.90 million during the quarter, compared to the consensus estimate of $468.52 million. Compass Minerals International had a return on equity of 13.02% and a net margin of 3.13%. research analysts anticipate that Compass Minerals International will post 3.11 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st were paid a dividend of $0.72 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.88 annualized dividend and a dividend yield of 4.76%. Compass Minerals International’s dividend payout ratio is presently 230.40%.
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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