Compass (NYSE:COMP) Shares Up 5.5%

Compass, Inc. (NYSE:COMP) was up 5.5% on Friday . The company traded as high as $6.35 and last traded at $6.29. Approximately 1,361,914 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 4,571,755 shares. The stock had previously closed at $5.96.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Needham & Company LLC boosted their price target on shares of Compass from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Barclays raised their price target on Compass from $4.00 to $5.00 and gave the company an “equal weight” rating in a research report on Thursday, August 1st. Oppenheimer reiterated an “outperform” rating and issued a $6.00 price objective on shares of Compass in a report on Wednesday, June 26th. Gordon Haskett upgraded Compass from an “underperform” rating to a “hold” rating and boosted their target price for the stock from $3.00 to $3.75 in a research report on Tuesday, June 25th. Finally, The Goldman Sachs Group increased their price target on shares of Compass from $4.00 to $4.50 and gave the company a “buy” rating in a research report on Thursday, August 1st. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Compass currently has a consensus rating of “Hold” and an average target price of $4.28.

Compass Stock Performance

The stock has a 50-day moving average of $4.68 and a two-hundred day moving average of $3.99. The company has a market cap of $3.13 billion, a P/E ratio of -10.14 and a beta of 2.91.

Compass (NYSE:COMP) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.03. Compass had a negative net margin of 4.53% and a negative return on equity of 57.23%. The firm had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter in the prior year, the company posted ($0.10) earnings per share. Research analysts predict that Compass, Inc. will post -0.39 EPS for the current year.

Insider Buying and Selling at Compass

In other Compass news, CEO Robert L. Reffkin sold 27,664 shares of the firm’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $4.17, for a total value of $115,358.88. Following the transaction, the chief executive officer now directly owns 393,486 shares of the company’s stock, valued at $1,640,836.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Robert L. Reffkin sold 55,698 shares of the firm’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $5.91, for a total value of $329,175.18. Following the transaction, the chief executive officer now directly owns 944,302 shares of the company’s stock, valued at approximately $5,580,824.82. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Robert L. Reffkin sold 27,664 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $4.17, for a total value of $115,358.88. Following the sale, the chief executive officer now directly owns 393,486 shares of the company’s stock, valued at approximately $1,640,836.62. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,767,261 shares of company stock worth $9,422,967. Insiders own 6.25% of the company’s stock.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.