Oppenheimer Research Analysts Decrease Earnings Estimates for Compass, Inc. (NYSE:COMP)

Compass, Inc. (NYSE:COMPGet Rating) – Equities research analysts at Oppenheimer lowered their FY2025 earnings per share (EPS) estimates for shares of Compass in a research note issued to investors on Tuesday, August 2nd. Oppenheimer analyst J. Helfstein now anticipates that the company will post earnings of $0.80 per share for the year, down from their prior estimate of $0.82. Oppenheimer has a “Outperform” rating and a $8.00 price objective on the stock. The consensus estimate for Compass’ current full-year earnings is ($1.00) per share.

Compass (NYSE:COMPGet Rating) last posted its earnings results on Thursday, May 12th. The company reported ($0.45) EPS for the quarter, topping the consensus estimate of ($0.47) by $0.02. Compass had a negative net margin of 7.01% and a negative return on equity of 49.99%. The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same quarter last year, the firm earned ($0.50) EPS. The company’s quarterly revenue was up 25.7% compared to the same quarter last year.

A number of other equities research analysts have also recently commented on the stock. Zelman & Associates assumed coverage on shares of Compass in a report on Friday, April 22nd. They issued a “hold” rating on the stock. Morgan Stanley cut shares of Compass from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $7.00 to $5.00 in a report on Thursday, July 21st. The Goldman Sachs Group lowered their price target on shares of Compass from $12.00 to $10.50 and set a “buy” rating on the stock in a report on Tuesday, April 19th. Finally, Compass Point assumed coverage on shares of Compass in a report on Tuesday, June 21st. They issued a “buy” rating and a $8.00 price target on the stock. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $11.06.

Compass Stock Down 1.5 %

Compass stock opened at $3.91 on Thursday. Compass has a 52 week low of $3.32 and a 52 week high of $17.70. The company’s 50 day moving average price is $4.47 and its two-hundred day moving average price is $6.07. The stock has a market cap of $1.68 billion, a P/E ratio of -3.40 and a beta of 2.15.

Insider Activity

In other Compass news, Director Frank Martell purchased 30,000 shares of the business’s stock in a transaction on Monday, May 16th. The stock was acquired at an average cost of $5.39 per share, for a total transaction of $161,700.00. Following the completion of the transaction, the director now directly owns 30,000 shares in the company, valued at approximately $161,700. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 17.70% of the company’s stock.

Compass Company Profile

(Get Rating)

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality, as well as brokerage and adjacent services in the real estate industry.

See Also

Earnings History and Estimates for Compass (NYSE:COMP)

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