Compass Minerals International (NYSE:CMP) Issues Earnings Results

Compass Minerals International (NYSE:CMP) announced its quarterly earnings data on Monday. The basic materials company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.82), Briefing.com reports. The company had revenue of $208.80 million during the quarter, compared to analyst estimates of $323.61 million. Compass Minerals International had a negative net margin of 14.81% and a positive return on equity of 4.75%. Compass Minerals International’s revenue was down 38.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.05 earnings per share. Compass Minerals International updated its FY 2025 guidance to EPS.

Compass Minerals International Price Performance

NYSE:CMP traded down $0.45 during trading hours on Monday, hitting $12.61. The company’s stock had a trading volume of 1,401,388 shares, compared to its average volume of 813,113. Compass Minerals International has a twelve month low of $7.51 and a twelve month high of $27.10. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.90 and a quick ratio of 0.74. The stock has a fifty day simple moving average of $13.58 and a 200-day simple moving average of $11.90. The company has a market capitalization of $522.67 million, a P/E ratio of -3.19 and a beta of 1.17.

Analysts Set New Price Targets

CMP has been the topic of several recent analyst reports. StockNews.com raised shares of Compass Minerals International to a “sell” rating in a report on Wednesday, September 18th. BMO Capital Markets reiterated a “market perform” rating and set a $20.00 price target on shares of Compass Minerals International in a research report on Wednesday, September 18th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $31.00.

Compass Minerals International Company Profile

Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells 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 sodium chloride to produce specialty products.