Analysts Say Compass Pathways Plc ADR (NASDAQ:CMPS) Can Really Get To 23 In 12 Months

In last trading session, Compass Pathways Plc ADR (NASDAQ:CMPS) saw 0.73 million shares changing hands with its beta currently measuring 2.27. Company’s recent per share price level of $6.62 trading at -$0.1 or -1.49% at ring of the bell on the day assigns it a market valuation of $453.08M. That closing price of CMPS’s stock is at a discount of -92.6% from its 52-week high price of $12.75 and is indicating a premium of 24.32% from its 52-week low price of $5.01. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.8 million shares which gives us an average trading volume of 446.92K if we extend that period to 3-months.

For Compass Pathways Plc ADR (CMPS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.57 in the current quarter.

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Compass Pathways Plc ADR (NASDAQ:CMPS) trade information

Upright in the red during last session for losing -1.49%, in the last five days CMPS remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $6.62 price level, adding 15.45% to its value on the day. Compass Pathways Plc ADR’s shares saw a change of -24.29% in year-to-date performance and have moved -13.29% in past 5-day. Compass Pathways Plc ADR (NASDAQ:CMPS) showed a performance of -3.00% in past 30-days. Number of shares sold short was 4.68 million shares which calculate 10.63 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 23 to the stock, which implies a rise of 71.22% to its current value. Analysts have been projecting 23 as a low price target for the stock while placing it at a high target of 23. It follows that stock’s current price would drop -247.43% in reaching the projected high whereas dropping to the targeted low would mean a loss of -247.43% for stock’s current value.

Compass Pathways Plc ADR (CMPS) estimates and forecasts

Statistics highlight that Compass Pathways Plc ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -41.27% of value to its shares in past 6 months, showing an annual growth rate of -1.29% while that of industry is 7.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

In 2024, company’s earnings growth rate is likely to be around 0.90% while estimates for its earnings growth in next 5 years are of 3.40%.

Compass Pathways Plc ADR (NASDAQ:CMPS)’s Major holders

Insiders are in possession of 28.13% of company’s total shares while institution are holding 42.54 percent of that, with stock having share float percentage of 59.19%. Investors also watch the number of corporate investors in a company very closely, which is 42.54% institutions for Compass Pathways Plc ADR that are currently holding shares of the company. TCG CROSSOVER MANAGEMENT, LLC is the top institutional holder at CMPS for having 3.86 million shares of worth $23.3 million. And as of 2024-06-30, it was holding 6.0073 of the company’s outstanding shares.

The second largest institutional holder is CITADEL ADVISORS LLC, which was holding about 3.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.7118 of outstanding shares, having a total worth of $22.16 million.