CompoSecure, Inc. (NASDAQ:CMPO) Receives Average Rating of “Buy” from Analysts

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have earned an average rating of “Buy” from the six brokerages that are currently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $25.50.

CMPO has been the topic of a number of analyst reports. Lake Street Capital reissued a “buy” rating on shares of CompoSecure in a research note on Wednesday, December 24th. JPMorgan Chase & Co. restated a “buy” rating on shares of CompoSecure in a research note on Thursday, January 8th.

CompoSecure Price Performance

Shares of CompoSecure stock opened at $17.29 on Friday. CompoSecure has a 52-week low of $9.24 and a 52-week high of $26.78. The firm has a market capitalization of $2.19 billion, a PE ratio of -10.29 and a beta of 0.98. The company’s fifty day moving average price is $22.74 and its two-hundred day moving average price is $20.87.

CompoSecure Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were issued a $0.0025 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.1%.

Institutional Trading of CompoSecure

Several institutional investors have recently bought and sold shares of the stock. World Investment Advisors acquired a new position in shares of CompoSecure in the 4th quarter worth approximately $356,000. Corient Private Wealth LLC increased its holdings in CompoSecure by 195.5% during the 4th quarter. Corient Private Wealth LLC now owns 41,178 shares of the company’s stock valued at $774,000 after purchasing an additional 27,244 shares in the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in CompoSecure during the 4th quarter valued at $1,015,000. Invesco Ltd. raised its position in CompoSecure by 20.4% in the 4th quarter. Invesco Ltd. now owns 618,125 shares of the company’s stock valued at $11,917,000 after purchasing an additional 104,750 shares during the last quarter. Finally, First Growth Capital LLC acquired a new position in CompoSecure in the fourth quarter worth $1,692,000. Institutional investors and hedge funds own 37.56% of the company’s stock.

About CompoSecure

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure’s offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company’s product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.