Compass Inc (NYSE: COMP) Is Under Pressure Due To Weak Fundamental Momentum.

NOVA

In the latest trading session, 0.85 million Compass Inc (NYSE:COMP) shares changed hands as the company’s beta touched 2.88. With the company’s most recent per share price at $3.22 changed hands at -$0.15 or -4.30% at last look, the market valuation stands at $1.59B. COMP’s current price is a discount, trading about -39.44% off its 52-week high of $4.49. The share price had its 52-week low at $1.82, which suggests the last value was 43.48% up since then. When we look at Compass Inc’s average trading volume, we note the 3-month average coming to 4.64 million.

Compass Inc (NYSE:COMP) trade information

Instantly COMP was in red as seen in intraday trades today. With action -1.38%, the performance over the past five days has been red. The drop to weekly highs of 3.47 subtracted -4.30% to the stock’s daily price. The company’s shares are showing year-to-date downside of -14.23%, with the 5-day performance at -1.38% in the red. However, in the 30-day time frame, Compass Inc (NYSE:COMP) is -15.35% down.

Compass Inc (COMP) estimates and forecasts

Data shows that the Compass Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 64.54% over the past 6 months, a 53.62% in annual growth rate that is considerably higher than the industry average of 22.00%. Year-over-year growth is forecast to reach 10.40% up from the last financial year.

Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 1.03B. 8 analysts are of the opinion that Compass Inc’s revenue for the current quarter will be 1.63B. The company’s revenue for the corresponding quarters a year ago was 957.2M and 1.51B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 7.30%. The estimates for the next quarter sales put growth at 7.80%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -3.93%. The 2024 estimates are for Compass Inc earnings to increase by 58.53%.