During the last session, Compass Inc. (NYSE:COMP)’s traded shares were 2.37 million. At the end of the trading day, the stock’s price was $3.72, reflecting an intraday loss of -7.92% or -$0.32. The 52-week high for the COMP share is $6.88, that puts it down -84.95 from that peak though still a striking 50.54% gain since the share price plummeted to a 52-week low of $1.84. The company’s market capitalization is $1.77B, and the average intraday trading volume over the past 10 days was 2.83 million shares, and the average trade volume was 2.79 million shares over the past three months.
Compass Inc. (NYSE:COMP) trade information
Compass Inc. (COMP) registered a -7.92% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.92% in intraday trading to $3.72 this Wednesday, 05/24/23, hitting a weekly high. The stock’s 5-day price performance is -7.46%, and it has moved by 44.19% in 30 days. Based on these gigs, the overall price performance for the year is -35.08%. The short interest in Compass Inc. (NYSE:COMP) is 17.74 million shares and it means that shorts have 8.54 day(s) to cover.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
Compass Inc. (COMP) estimates and forecasts
Statistics show that Compass Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Compass Inc. (COMP) shares have gone up 37.78% during the last six months, with a year-to-date growth rate more than the industry average at 59.29% against 16.10. Yet analysts are ramping up their growth forecast for the fiscal year 2023. Revenue is predicted to grow 62.50% this quarter and then jump 80.60% in the quarter after that. In the rating firms’ projections, revenue will decrease -15.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $1.53 billion as predicted by 6 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to $1.38 billion by the end of Sep 2023. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $2.02 billion and $1.49 billion respectively. In this case, analysts expect current quarter sales to shrink by -24.20% and then drop by -7.40% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -53.00%. While earnings are projected to return 7.20% in 2023.
COMP Dividends
Compass Inc. is due to release its next quarterly earnings between August 14 and August 18. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Compass Inc. (NYSE:COMP)’s Major holders
Compass Inc. insiders own 2.44% of total outstanding shares while institutional holders control 64.94%, with the float percentage being 66.56%. SB Investment Advisers (UK) LTD is the largest shareholder of the company, while 226 institutions own stock in it. As of Mar 30, 2023, the company held over 132.37 million shares (or 28.70% of all shares), a total value of $492.4 million in shares.
The next largest institutional holding, with 39.34 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 8.53% of outstanding shares. At the market price on Mar 30, 2023, these shares were valued at $146.35 million.
Also, the Mutual Funds coming in first place with the largest holdings of Compass Inc. (COMP) shares are Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund. Data provided on Jan 30, 2023 indicates that Vanguard Specialized-Real Estate Index Fund owns about 10.6 million shares. This amounts to just over 2.41 percent of the company’s overall shares, with a $39.42 million market value. The same data shows that the other fund manager holds slightly less at 8.51 million, or about 1.93% of the stock, which is worth about $31.65 million.