Brokerages Set Compass, Inc. (NYSE:COMP) Price Target at $12.63

Shares of Compass, Inc. (NYSE:COMP) have received a consensus recommendation of “Moderate Buy” from the fourteen research firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $12.6250.

A number of research analysts recently issued reports on COMP shares. BTIG Research set a $12.00 price objective on shares of Compass in a research note on Wednesday, April 15th. JPMorgan Chase & Co. started coverage on shares of Compass in a research note on Monday, January 26th. They issued an “overweight” rating and a $15.00 price objective on the stock. Morgan Stanley lifted their price objective on shares of Compass from $11.00 to $12.50 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Wells Fargo & Company decreased their price objective on shares of Compass from $12.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Compass in a research note on Wednesday, May 6th.

Compass Stock Performance

Shares of NYSE:COMP opened at $8.40 on Wednesday. The company’s 50 day simple moving average is $7.80 and its 200 day simple moving average is $9.71. The stock has a market capitalization of $6.28 billion, a price-to-earnings ratio of 420.10 and a beta of 2.45. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.84 and a quick ratio of 0.84. Compass has a 1 year low of $5.70 and a 1 year high of $13.95.

Compass (NYSE:COMP) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.20. The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.67 billion. Compass had a net margin of 0.17% and a return on equity of 1.11%. As a group, research analysts predict that Compass will post 0.1 EPS for the current fiscal year.

Compass Company Profile

Compass, Inc is a technology-driven real estate brokerage firm that provides a full suite of services for home buyers, sellers and renters. Utilizing a proprietary software platform, the company equips its network of licensed real estate agents with data analytics, marketing automation and client relationship tools designed to enhance efficiency and transaction transparency.

Founded in 2012 by Ori Allon and Robert Reffkin, Compass has grown from a single office in New York City to serve more than 300 markets across the United States.