Equities analysts predict that Compass Minerals International, Inc. (NYSE:CMP) will report ($0.01) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Compass Minerals International’s earnings, with the lowest EPS estimate coming in at ($0.09) and the highest estimate coming in at $0.06. Compass Minerals International posted earnings of $0.37 per share during the same quarter last year, which suggests a negative year over year growth rate of 102.7%. The firm is scheduled to report its next earnings report on Tuesday, May 7th.
On average, analysts expect that Compass Minerals International will report full year earnings of $2.47 per share for the current financial year, with EPS estimates ranging from $2.25 to $2.75. For the next financial year, analysts forecast that the company will post earnings of $4.06 per share, with EPS estimates ranging from $3.75 to $4.53. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Compass Minerals International.
Compass Minerals International (NYSE:CMP) last released its earnings results on Monday, February 11th. The basic materials company reported $1.41 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.38). The firm had revenue of $486.50 million for the quarter, compared to the consensus estimate of $501.10 million. Compass Minerals International had a return on equity of 11.49% and a net margin of 4.61%.
Shares of CMP stock traded up $0.99 on Friday, hitting $52.61. 253,680 shares of the stock were exchanged, compared to its average volume of 372,856. The company has a debt-to-equity ratio of 2.45, a current ratio of 2.55 and a quick ratio of 1.60. The stock has a market capitalization of $1.75 billion, a P/E ratio of 27.26 and a beta of 1.34. Compass Minerals International has a fifty-two week low of $38.19 and a fifty-two week high of $71.25.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 1st will be paid a $0.72 dividend. The ex-dividend date is Thursday, February 28th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.47%. Compass Minerals International’s payout ratio is presently 149.22%.
Several hedge funds and other institutional investors have recently made changes to their positions in CMP. Verity & Verity LLC raised its holdings in shares of Compass Minerals International by 4.3% in the 4th quarter. Verity & Verity LLC now owns 6,095 shares of the basic materials company’s stock worth $254,000 after purchasing an additional 250 shares during the period. Arizona State Retirement System raised its holdings in shares of Compass Minerals International by 1.1% in the 4th quarter. Arizona State Retirement System now owns 24,297 shares of the basic materials company’s stock worth $1,013,000 after purchasing an additional 261 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in shares of Compass Minerals International by 2.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,512 shares of the basic materials company’s stock worth $563,000 after purchasing an additional 274 shares during the period. ETF Managers Group LLC raised its holdings in shares of Compass Minerals International by 19.4% in the 4th quarter. ETF Managers Group LLC now owns 2,229 shares of the basic materials company’s stock worth $93,000 after purchasing an additional 362 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Compass Minerals International by 2.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 14,826 shares of the basic materials company’s stock worth $618,000 after purchasing an additional 414 shares during the period. Hedge funds and other institutional investors own 94.82% of the company’s stock.
Compass Minerals International Company Profile
Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.
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