Compass Inc (NYSE: COMP) stock jumped 0.42% on Friday to $2.37 against a previous-day closing price of $2.36. With 2.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.4 million shares. During the session, the Real Estate Services company that operates in wider Real Estate sector, reached to the highest price of $2.4000 whereas the lowest price it dropped to was $2.2950. The 52-week range on COMP shows that it touched its highest point at $5.16 and its lowest point at $1.82 during that stretch. It currently has a 1-year price target of $2.94. Beta for the stock currently stands at 2.74.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of COMP was up-trending over the past week, with a rise of 20.92%, but this was up by 13.40% over a month. Three-month performance dropped to -24.04% while six-month performance fell -41.77%. The stock lost -22.80% in the past year, while it has gained 1.72% so far this year. A look at the trailing 12-month EPS for COMP yields -0.88 with Next year EPS estimates of -0.29. For the next quarter, that number is -0.17. This implies an EPS growth rate of 50.61% for this year and 58.44% for next year.
Float and Shares Shorts:
At present, 419.84 million COMP shares are outstanding with a float of 346.72 million shares on hand for trading. On Oct 30, 2023, short shares totaled 19.01 million, which was 3.98% higher than short shares on Sep 28, 2023. In addition to Mr. Robert L. Reffkin as the firm’s Founder, Chairman & CEO, Mr. Kalani Reelitz serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 64.20% of COMP’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for COMP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With COMP analysts setting a high price target of $5.00 and a low target of $2.00, the average target price over the next 12 months is $2.94. Based on these targets, COMP could surge 110.97% to reach the target high and fall by -15.61% to reach the target low. Reaching the average price target will result in a growth of 24.05% from current levels.
Summary of Insider Activity:
Insiders traded COMP stock several times over the past three months with 11 Buys and 10 Sells. In these transactions, 596,764 shares were bought while 333,521 shares were sold. The number of buy transactions has increased to 57 while that of sell transactions has risen to 41 over the past year. The total number of shares bought during that period was 2,087,026 while 15,782,960 shares were sold.
