Compass Minerals International (NYSE:CMP) was upgraded by investment analysts at TheStreet from a “c+” rating to a “b” rating in a research note issued to investors on Thursday.

A number of other brokerages have also recently weighed in on CMP. BidaskClub upgraded Compass Minerals International from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 23rd. Stifel Nicolaus reiterated a “buy” rating and issued a $84.00 target price on shares of Compass Minerals International in a report on Wednesday, November 1st. Credit Suisse Group set a $63.00 target price on Compass Minerals International and gave the company a “hold” rating in a report on Wednesday, August 9th. Monness Crespi & Hardt upgraded Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 target price on the stock in a report on Monday, October 2nd. Finally, Zacks Investment Research cut Compass Minerals International from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $73.60.

Compass Minerals International (NYSE:CMP) traded down $0.60 during mid-day trading on Thursday, hitting $69.15. The stock had a trading volume of 283,223 shares, compared to its average volume of 291,496. Compass Minerals International has a 1-year low of $59.72 and a 1-year high of $84.40. The company has a quick ratio of 1.18, a current ratio of 2.52 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $2,359.47, a PE ratio of 28.59 and a beta of 0.51.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings data on Monday, October 30th. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.20). Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. The business had revenue of $290.70 million for the quarter, compared to analyst estimates of $323.76 million. During the same quarter last year, the business earned $0.27 EPS. Compass Minerals International’s revenue for the quarter was up 61.9% compared to the same quarter last year. sell-side analysts forecast that Compass Minerals International will post 2.62 EPS for the current year.

Institutional investors have recently modified their holdings of the stock. Janus Henderson Group PLC purchased a new position in Compass Minerals International in the second quarter valued at about $73,452,000. BlackRock Inc. raised its position in Compass Minerals International by 22.8% in the second quarter. BlackRock Inc. now owns 3,532,489 shares of the basic materials company’s stock valued at $230,671,000 after purchasing an additional 656,762 shares during the period. State Street Corp raised its position in Compass Minerals International by 23.3% in the second quarter. State Street Corp now owns 1,615,191 shares of the basic materials company’s stock valued at $105,474,000 after purchasing an additional 305,111 shares during the period. Morningstar Investment Services LLC raised its position in Compass Minerals International by 28.3% in the second quarter. Morningstar Investment Services LLC now owns 1,065,984 shares of the basic materials company’s stock valued at $69,609,000 after purchasing an additional 235,138 shares during the period. Finally, Nuance Investments LLC raised its position in Compass Minerals International by 42.4% in the second quarter. Nuance Investments LLC now owns 484,532 shares of the basic materials company’s stock valued at $31,640,000 after purchasing an additional 144,173 shares during the period.

TRADEMARK VIOLATION NOTICE: This report was published by Daily Political and is the sole property of of Daily Political. If you are viewing this report on another publication, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this report can be read at https://www.dailypolitical.com/2017/12/02/thestreet-upgrades-compass-minerals-international-cmp-to-b.html.

About Compass Minerals International

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

Analyst Recommendations for Compass Minerals International (NYSE:CMP)

Receive News & Ratings for Compass Minerals International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Minerals International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.