Compass (NYSE:COMP – Free Report) had its price objective decreased by BTIG Research from $15.00 to $13.00 in a research note published on Friday,Benzinga reports. BTIG Research currently has a buy rating on the stock.
A number of other equities research analysts have also recently weighed in on the stock. Zelman & Associates upgraded shares of Compass from a “buy” rating to an “outperform” rating in a report on Wednesday, October 21st. UBS Group decreased their price objective on shares of Compass from $17.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. Needham & Company LLC lowered their price objective on Compass from $17.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday, October 16th. Compass Point set a $11.00 target price on Compass in a research note on Wednesday, October 14th. Finally, Weiss Ratings downgraded Compass from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Compass has a consensus rating of “Moderate Buy” and an average target price of $13.07.
Read Our Latest Stock Analysis on Compass
Compass Stock Up 11.1%
Compass stock traded up $1.02 during trading hours on Friday, hitting $10.24. 24,521,386 shares of the stock traded hands, compared to its average volume of 13,899,066. Compass has a one year low of $6.37 and a one year high of $13.95. The firm’s 50-day moving average price is $9.73 and its two-hundred day moving average price is $9.89. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.05. The company has a market cap of $7.76 billion, a PE ratio of 73.14 and a beta of 2.39.
Compass (NYSE:COMP – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03. The company had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $3.90 billion. Compass had a return on equity of 3.62% and a net margin of 0.63%. On average, research analysts forecast that Compass will post 0.18 EPS for the current year.
Hedge Funds Weigh In On Compass
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Fund 1 Investments LLC bought a new position in shares of Compass during the 2nd quarter valued at approximately $2,837,000. Readystate Asset Management LP purchased a new position in Compass during the second quarter worth $20,237,000. Irenic Capital Management LP bought a new position in Compass during the second quarter valued at $22,156,000. Steamboat Capital Partners LLC bought a new position in Compass during the second quarter valued at $17,069,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Compass in the 2nd quarter worth about $10,232,000. 67.05% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Compass
Here are the key news stories impacting Compass this week:
- Positive Sentiment: Record Q3 performance: Compass reported $3.9 billion in revenue, up 12% year over year, and $62 million in GAAP net income. Adjusted EBITDA reached $306 million and operating cash flow was $248 million; the company also ended the quarter with $841 million in cash. EPS of $0.07 was above the $0.04 estimate cited in the earnings report. The results are notable given year-over-year declines in housing transactions. Compass Q3 results
- Neutral Sentiment: Analysts lowered targets but remain divided: Barclays cut its target to $14 and kept an Overweight rating; BTIG lowered its target to $13 while retaining Buy. Wells Fargo reduced its target to $9 and maintained Equal Weight, signaling a more cautious view. Barclays analyst rating Wells Fargo analyst rating
- Negative Sentiment: Class-action litigation adds uncertainty: Law firms say a securities class action has been filed related to the January 2026 merger with Anywhere and allegations about merger offering materials. The claims are allegations, not findings, but the litigation may create legal costs and investor uncertainty. Lead-plaintiff deadlines are in early December. Class-action announcement
About Compass
Compass, Inc is a technology-enabled residential real estate brokerage company that operates in the United States. The company provides services designed to help clients buy, sell, and rent homes, while supporting real estate agents with digital tools and brokerage services.
Its platform includes property search and marketing capabilities, customer relationship management tools, transaction management, and other technologies intended to streamline the real estate process. Compass works with independent agents and brokerage teams, who serve clients across a range of residential markets and property types.
Compass was founded in 2012 by Ori Allon and Robert Reffkin.
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