Gordon Haskett slashes price target on Compass Inc [COMP] – find out why.

Compass Inc [NYSE: COMP] jumped around 0.25 points on Monday, while shares priced at $6.66 at the close of the session, up 3.90%.

Compared to the average trading volume of 4.99M shares, COMP reached a trading volume of 6821410 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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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 $6.72 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 2.25. 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.

Gordon Haskett have made an estimate for Compass Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on June 25, 2024. While these analysts kept the previous recommendation, Gordon Haskett dropped their target price from $2.75 to $2.25. The new note on the price target was released on February 21, 2024, representing the official price target for Compass Inc stock. Previously, the target price had yet another raise to $2.70, while Deutsche Bank analysts kept a Hold rating on COMP stock.

The Average True Range (ATR) for Compass Inc is set at 0.32, with the Price to Sales ratio for COMP stock in the period of the last 12 months amounting to 0.65. The Price to Book ratio for the last quarter was 7.90, with the Price to Cash per share for the same quarter was set at 0.41. Price to Free Cash Flow for COMP in the course of the last twelve months was 91.07 with Quick ratio for the last quarter at 0.92.

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 17.88. With this latest performance, COMP shares gained by 9.72% in over the last four-week period, additionally plugging by 98.21% over the last 6 months – not to mention a rise of 239.80% 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 67.72, with the RSI for the last a single of trading hit 74.28, and the three-weeks RSI is set at 64.29 for Compass Inc [COMP]. The present Moving Average for the last 50 days of trading for this stock 5.88, while it was recorded at 6.08 for the last single week of trading, and 4.32 for the last 200 days.

Compass Inc [COMP]: Deeper insight into the fundamentals

Compass Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.92 and a Current Ratio set at 0.92.

Earnings analysis for Compass Inc [COMP]

With the latest financial reports released by the company, Compass Inc posted -0.17/share EPS, while the average EPS was predicted by analysts to be reported at -0.18/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COMP.

Insider trade positions for Compass Inc [COMP]

There are presently around $68.39%, or 70.28%% 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 75.57 million shares, which is approximately 15.4225%. VANGUARD GROUP INC, holding 64.26 million shares of the stock with an approximate value of $$231.34 million in COMP stocks shares; and VANGUARD GROUP INC, currently with $$128.35 million in COMP stock with ownership which is approximately 7.2763%.