Compass Inc (NYSE: COMP) Surprises Investors, Looks Strong In The Future

In the last trading session, 6.22 million Compass Inc (NYSE:COMP) shares changed hands as the company’s beta touched 2.80. With the company’s per share price at $9.00 changed hands at $0.24 or 2.74% during last session, the market valuation stood at $4.76B. COMP’s last price was a discount, traded about -13.89% off its 52-week high of $10.25. The share price had its 52-week low at $2.89, which suggests the last value was 67.89% up since then. When we look at Compass Inc’s average trading volume, we note the 10-day average is 6.22 million shares, with the 3-month average coming to 6.16 million.

Analysts gave the Compass Inc (COMP) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended COMP as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Compass Inc’s EPS for the current quarter is expected to be 0.0.

Compass Inc (NYSE:COMP) trade information

Instantly COMP was in green as seen at the end of in last trading. With action 5.02%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 53.85%, with the 5-day performance at 5.02% in the green. However, in the 30-day time frame, Compass Inc (NYSE:COMP) is 18.73% up. Looking at the short shares, we see there were 16.76 million shares sold at short interest cover period of 2.26 days.

The consensus price target for the stock as assigned by Wall Street analysts is 8, meaning bulls need a downside of -12.5% from its current market value. According to analyst projections, COMP’s forecast low is 8 with 8 as the target high. To hit the forecast high, the stock’s price needs a 11.11% surge from its current level, while the stock would need to tank 11.11% for it to hit the projected low.

Compass Inc (COMP) estimates and forecasts

Year-over-year growth is forecast to reach 26.78% up from the last financial year.

Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 1.42B. 6 analysts are of the opinion that Compass Inc’s revenue for the current quarter will be 2.12B. The company’s revenue for the corresponding quarters a year ago was 1.05B and 1.7B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 34.94%. The estimates for the next quarter sales put growth at 24.51%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 20.75%. The 2025 estimates are for Compass Inc earnings to increase by 134.86%.

COMP Dividends

Compass Inc is expected to release its next quarterly earnings report on 2025-Feb-17.

Compass Inc (NYSE:COMP)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 2.29% of Compass Inc shares while 70.72% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 72.38%. There are 70.72% institutions holding the Compass Inc stock share, with SB INVESTMENT ADVISERS (UK) LTD the top institutional holder. As of 2024-06-30, the company held 15.1545% of the shares, roughly 75.57 million COMP shares worth $272.05 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 13.1148% or 64.26 million shares worth $231.34 million as of 2024-06-30.

Among Mutual Funds, the top two as of Oct 31, 2024 were Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund . With 15.91 shares estimated at $143.16 million under it, the former controlled 3.07% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.04% of the shares, roughly 15.74 shares worth around $141.67 million.