Compass Inc (NYSE: COMP) Gains 83.24% YTD: What’s Next?

Compass Inc (NYSE:COMP)’s traded shares stood at 1.71 million during the latest session, with the company’s beta value hitting 2.88. At the last check today, the stock’s price was $6.89, to imply an increase of 2.84% or $0.19 in intraday trading. The COMP share’s 52-week high remains $7.01, putting it -1.74% down since that peak but still an impressive 71.12% since price per share fell to its 52-week low of $1.99. The company has a valuation of $3.62B, with an average of 5.73 million shares in intraday trading volume over the past 10 days and average of 5.07 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Compass Inc (COMP), translating to a mean rating of 2.25. Of 7 analyst(s) looking at the stock, 0 analyst(s) give COMP a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.03.

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Compass Inc (NYSE:COMP) trade information

After registering a 2.84% upside in the latest session, Compass Inc (COMP) has traded red over the past five days. The 5-day price performance for the stock is -0.14%, and 16.98% over 30 days. With these gigs, the year-to-date price performance is 83.24%. Short interest in Compass Inc (NYSE:COMP) saw shorts transact 19.09 million shares and set a 5.28 days time to cover.

The extremes give us $3.75 and $10.5 for target low and target high price respectively. As such, COMP has been trading -52.39% off suggested target high and 45.57% from its likely low.

Compass Inc (COMP) estimates and forecasts

Looking at statistics comparing Compass Inc share performance against respective industry, we note that the company has outperformed competitors. Compass Inc (COMP) shares are 58.39% up over the last 6 months, with its year-to-date growth rate higher than industry average at 52.17% against 22.80%. Revenue is forecast to grow 67.98% this quarter before jumping 28.66% for the next one. The rating firms project that company’s revenue will grow 13.37% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 1.29B. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 1.26B.Earnings reports from the last fiscal year show that sales brought in 1.1B and 1.05B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 17.59% before jumping 19.70% in the following quarter.

COMP Dividends

Compass Inc has its next earnings report out on 2025-Feb-25. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Compass Inc (NYSE:COMP)’s Major holders

Compass Inc insiders hold 2.74% of total outstanding shares, with institutional holders owning 71.90% of the shares at 73.92% float percentage. In total, 71.90% institutions holds shares in the company, led by SB INVESTMENT ADVISERS (UK) LTD. As of 2024-06-30, the company held over 75.57 million shares (or 15.4225% of shares), all amounting to roughly $272.05 million.

The next major institution holding the largest number of shares is VANGUARD GROUP INC with 64.26 million shares, or about 13.1148% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $231.34 million.