Brokerages Set CompoSecure, Inc. (NASDAQ:CMPO) Price Target at $25.50

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have received an average recommendation of “Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $25.50.

Several equities research analysts recently issued reports on CMPO shares. Needham & Company LLC raised their target price on shares of CompoSecure from $22.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. TD Cowen reaffirmed a “buy” rating on shares of CompoSecure in a research note on Tuesday, November 4th. Lake Street Capital reiterated a “buy” rating on shares of CompoSecure in a report on Wednesday, December 24th. Benchmark upped their price objective on CompoSecure from $24.00 to $32.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of CompoSecure in a research report on Thursday, January 8th.

Institutional Trading of CompoSecure

Institutional investors and hedge funds have recently bought and sold shares of the business. CIBC Private Wealth Group LLC lifted its position in CompoSecure by 74.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,407 shares of the company’s stock valued at $27,000 after buying an additional 600 shares in the last quarter. Versant Capital Management Inc increased its position in shares of CompoSecure by 291.8% in the third quarter. Versant Capital Management Inc now owns 2,018 shares of the company’s stock worth $42,000 after acquiring an additional 1,503 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of CompoSecure by 25.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,478 shares of the company’s stock valued at $49,000 after acquiring an additional 713 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of CompoSecure during the 4th quarter valued at $57,000. Finally, Kestra Advisory Services LLC purchased a new stake in CompoSecure during the 4th quarter worth $59,000. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Trading Up 1.6%

Shares of NASDAQ:CMPO opened at $22.87 on Tuesday. The stock’s 50-day moving average price is $22.44 and its two-hundred day moving average price is $20.71. CompoSecure has a 12-month low of $9.24 and a 12-month high of $26.78. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of -13.61 and a beta of 0.98.

CompoSecure Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a $0.0025 dividend. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Friday, February 13th.

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.