In recent trading session, Compass Inc (NYSE:COMP) saw 2.48 million shares changing hands at last check today with its beta currently measuring 2.89. Company’s recent per share price level of $3.62 trading at $0.34 or 10.52% at last check today assigns it a market valuation of $1.76B. That most recent trading price of COMP’s stock is at a discount of -24.03% from its 52-week high price of $4.49 and is indicating a premium of 49.72% from its 52-week low price of $1.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.1 million shares which gives us an average trading volume of 5.02 million if we extend that period to 3-months.
Compass Inc (NYSE:COMP) trade information
Upright in the green today for gaining 10.52%, in the last five days COMP remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $3.62 price level, subtracting -1.69% to its value on the day. Compass Inc’s shares saw a change of -3.59% in year-to-date performance and have moved 5.99% in past 5-day. Compass Inc (NYSE:COMP) showed a performance of 3.87% in past 30-days. Number of shares sold short was 17.99 million shares which calculate 3.72 days to cover the short interests.
Compass Inc (COMP) estimates and forecasts
Statistics highlight that Compass Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 12.58% of value to its shares in past 6 months, showing an annual growth rate of 53.62% while that of industry is 20.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to increase by 42.40% in the current quarter and calculating 130.00% increase in the next quarter. This year revenue growth is estimated to rise 10.20% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.02 billion for the same. And 8 analysts are in estimates of company making revenue of $1.63 billion in the next quarter that will end on Jun 2024. Company posted $957.2 million and $1.51 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 6.80% while estimating it to be 7.90% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -3.93% during past 5 years.
COMP Dividends
Compass Inc is more likely to be releasing its next quarterly report between May 07 and May 13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Compass Inc (NYSE:COMP)’s Major holders
Insiders are in possession of 2.43% of company’s total shares while institution are holding 64.43 percent of that, with stock having share float percentage of 66.04%. Investors also watch the number of corporate investors in a company very closely, which is 64.43% institutions for Compass Inc that are currently holding shares of the company. SB Investment Advisers (UK) LTD is the top institutional holder at COMP for having 102.47 million shares of worth $365.82 million. And as of Dec 30, 2023, it was holding 20.86% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 51.58 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 10.50% of outstanding shares, having a total worth of $184.15 million.
On the other hand, Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Oct 30, 2023, the former fund manager was holding 13.32 million shares of worth $47.54 million or 2.71% of the total outstanding shares. The later fund manager was in possession of 11.89 million shares on Dec 30, 2023, making its stake of worth around $42.45 million in the company or a holder of 2.42% of company’s stock.
