Market Analysts see Compass Inc. [COMP] gaining to $2.75. Time to buy?

Compass Inc. [NYSE: COMP] traded at a low on 01/05/23, posting a -2.45 loss after which it closed the day’ session at $2.39. The company report on November 10, 2022 that Compass, Inc. Reports Third Quarter 2022 Results.

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Total revenues of $1.49 billion, down 14% compared to 3Q21, driven principally by lower market volumes.

Successfully launched the Compass national agent platform in all markets allowing agents to guide their customers from first contact to close in one seamless workflow platform.

The results of the trading session contributed to over 2958581 shares changing hands. Over the past one week, the price volatility of Compass Inc. stands at 11.02% while the volatility over the past one month is 8.92%.

The market cap for COMP stock reached $982.67 million, with 432.46 million shares outstanding and 406.73 million shares in the current float. Compared to the average trading volume of 3.31M shares, COMP reached a trading volume of 2958581 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Compass Inc. [COMP]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COMP shares is $4.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COMP stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for Compass Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 02, 2022. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $7 to $5. The new note on the price target was released on July 21, 2022, representing the official price target for Compass Inc. stock. Previously, the target price had yet another raise to $8, while Compass Point analysts kept a Buy rating on COMP stock. On June 15, 2022, analysts decreased their price target for COMP shares from 9 to 8.

The Average True Range (ATR) for Compass Inc. is set at 0.23, with the Price to Sales ratio for COMP stock in the period of the last 12 months amounting to 0.15. The Price to Book ratio for the last quarter was 1.61, with the Price to Cash per share for the same quarter was set at 0.86.

How has COMP stock performed recently?

Compass Inc. [COMP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.16. With this latest performance, COMP shares dropped by -17.87% in over the last four-week period, additionally sinking by -47.93% over the last 6 months – not to mention a drop of -74.16% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COMP stock in for the last two-week period is set at 47.71, with the RSI for the last a single of trading hit 49.81, and the three-weeks RSI is set at 47.29 for Compass Inc. [COMP]. The present Moving Average for the last 50 days of trading for this stock 2.60, while it was recorded at 2.32 for the last single week of trading, and 4.00 for the last 200 days.

Compass Inc. [COMP]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Compass Inc. [COMP] shares currently have an operating margin of -6.97 and a Gross Margin at +10.83. Compass Inc.’s Net Margin is presently recorded at -7.70.

Return on Equity for this stock declined to -67.33, with Return on Assets sitting at -31.22.

Compass Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.

Insider trade positions for Compass Inc. [COMP]

There are presently around $695 million, or 67.10% of COMP stock, in the hands of institutional investors. The top three institutional holders of COMP stocks are: SB INVESTMENT ADVISERS (UK) LTD with ownership of 132,365,273, which is approximately 0% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 38,300,193 shares of the stock with an approximate value of $91.54 million in COMP stocks shares; and BLACKROCK INC., currently with $40.86 million in COMP stock with ownership of nearly 28.905% of the company’s market capitalization.

Positions in Compass Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 72 institutional holders increased their position in Compass Inc. [NYSE:COMP] by around 29,162,344 shares. Additionally, 72 investors decreased positions by around 28,254,890 shares, while 40 investors held positions by with 233,250,004 shares. The mentioned changes placed institutional holdings at 290,667,238 shares, according to the latest SEC report filing. COMP stock had 24 new institutional investments in for a total of 2,833,932 shares, while 28 institutional investors sold positions of 19,260,902 shares during the same period.


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