Analysts Say Compass Minerals International Inc (NYSE:CMP) Can Really Get To 36 In 12 Months

In last trading session, Compass Minerals International Inc (NYSE:CMP) saw 0.52 million shares changing hands with its beta currently measuring 1.20. Company’s recent per share price level of $12.40 trading at $0.67 or 5.71% at ring of the bell on the day assigns it a market valuation of $514.01M. That closing price of CMP’s stock is at a discount of -93.47% from its 52-week high price of $23.99 and is indicating a premium of 39.44% from its 52-week low price of $7.51. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.49 million shares which gives us an average trading volume of 748.03K if we extend that period to 3-months.

For Compass Minerals International Inc (CMP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. 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. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.05 in the current quarter.

Compass Minerals International Inc (NYSE:CMP) trade information

Upright in the green during last session for gaining 5.71%, in the last five days CMP remained trading in the green while hitting it’s week-highest on Friday, 01/10/25 when the stock touched $12.40 price level, adding 0.4% to its value on the day. Compass Minerals International Inc’s shares saw a change of 10.22% in year-to-date performance and have moved 12.83% in past 5-day. Compass Minerals International Inc (NYSE:CMP) showed a performance of -9.16% in past 30-days. Number of shares sold short was 1.98 million shares which calculate 2.17 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 21.5 to the stock, which implies a rise of 42.33% to its current value. Analysts have been projecting 15 as a low price target for the stock while placing it at a high target of 36. It follows that stock’s current price would drop -20.97% in reaching the projected high whereas dropping to the targeted low would mean a loss of -20.97% for stock’s current value.

Compass Minerals International Inc (CMP) estimates and forecasts

Statistics highlight that Compass Minerals International Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 10.81% of value to its shares in past 6 months, showing an annual growth rate of 312.50% while that of industry is 6.70. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 3.68% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 293.9M for the same. And 1 analysts are in estimates of company making revenue of 397M in the next quarter. Company posted 341.7M and 364M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around -675.42% while estimates for its earnings growth in next 5 years are of 27.55%.

CMP Dividends

Compass Minerals International Inc is more likely to be releasing its next quarterly report in February 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. With an annual yield of 1.21%, the share has a forward dividend of 0.15 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.67%.

Compass Minerals International Inc (NYSE:CMP)’s Major holders

Insiders are in possession of 18.02% of company’s total shares while institution are holding 85.39 percent of that, with stock having share float percentage of 104.16%. Investors also watch the number of corporate investors in a company very closely, which is 85.39% institutions for Compass Minerals International Inc that are currently holding shares of the company. KOCH INDUSTRIES INC is the top institutional holder at CMP for having 7.03 million shares of worth $72.67 million. And as of 2024-06-30, it was holding 17.2476 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 6.56 million shares on 2024-06-30. The number of shares represents firm’s hold over 16.0924 of outstanding shares, having a total worth of $67.8 million.

On the other hand, Victory Portfolios-Victory Global Energy Transition Fund and iShares U.S. Infrastructure ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 2.96 shares of worth $36.67 million or 7.13% of the total outstanding shares. The later fund manager was in possession of 1.88 shares on Oct 31, 2024 , making its stake of worth around $23.37 million in the company or a holder of 4.55% of company’s stock.