Compass, Inc. (NYSE:COMP) Receives Average Recommendation of “Hold” from Analysts

Shares of Compass, Inc. (NYSE:COMP) have earned a consensus rating of “Hold” from the nine ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $3.78.

A number of research firms have issued reports on COMP. Needham & Company LLC reiterated a “buy” rating and issued a $5.00 target price on shares of Compass in a research note on Wednesday, February 28th. Oppenheimer reissued an “outperform” rating and set a $6.00 target price (up from $5.50) on shares of Compass in a research note on Wednesday, February 28th. The Goldman Sachs Group raised their price target on shares of Compass from $3.50 to $4.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. Gordon Haskett downgraded Compass from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $2.75 to $2.25 in a research report on Wednesday, February 21st. Finally, UBS Group raised their target price on Compass from $2.25 to $3.50 and gave the company a “neutral” rating in a research report on Friday, March 1st.

Compass Stock Performance

Compass stock opened at $3.37 on Tuesday. Compass has a 1 year low of $1.82 and a 1 year high of $4.49. The firm’s 50-day moving average is $3.48 and its 200-day moving average is $3.13. The company has a market cap of $1.66 billion, a P/E ratio of -4.96 and a beta of 2.87.

Compass (NYSE:COMP) last issued its earnings results on Tuesday, February 27th. The company reported ($0.17) EPS for the quarter, meeting analysts’ consensus estimates of ($0.17). The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.14 billion. Compass had a negative return on equity of 70.51% and a negative net margin of 6.58%. During the same period in the previous year, the firm posted ($0.36) earnings per share. As a group, sell-side analysts predict that Compass will post -0.32 earnings per share for the current year.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.