Why Acquire Shares Of Compass Inc (COMP)?

Compass Inc (NYSE:COMP) has a beta value of 2.87 and has seen 1.76 million shares traded in the last trading session. The company, currently valued at $1.62B, closed the last trade at $3.27 per share which meant it lost -$0.03 on the day or -0.91% during that session. The COMP stock price is -37.31% off its 52-week high price of $4.49 and 44.34% above the 52-week low of $1.82. The 3-month trading volume is 4.77 million shares.

Compass Inc (NYSE:COMP) trade information

Sporting -0.91% in the red in last session, the stock has traded in the red over the last five days, when the COMP stock price touched $3.27 or saw a rise of 7.89%. Year-to-date, Compass Inc shares have moved -13.03%, while the 5-day performance has seen it change -1.51%. Over the past 30 days, the shares of Compass Inc (NYSE:COMP) have changed -9.17%.

Compass Inc (COMP) estimates and forecasts

Figures show that Compass Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 60.29% over the past 6 months, with this year growth rate of 53.62%, compared to 19.00% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 33.30% and 130.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 10.40%.

8 analysts offering their estimates for the company have set an average revenue estimate of $1.03 billion for the current quarter. 8 have an estimated revenue figure of $1.63 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $957.2 million and $1.51 billion respectively for this quarter and the next, and analysts expect sales will grow by 7.30% for the current quarter and 7.80% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -3.93% over the past 5 years.

COMP Dividends

Compass Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.