CompoSecure (CMPO) Scheduled to Post Earnings on Monday

CompoSecure (NASDAQ:CMPO) is set to issue its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.24 per share for the quarter. CompoSecure has set its FY 2024 guidance at EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

CompoSecure (NASDAQ:CMPO) last announced its quarterly earnings results on Wednesday, March 6th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.04. The firm had revenue of $99.90 million during the quarter, compared to the consensus estimate of $95.86 million. CompoSecure had a net margin of 4.82% and a negative return on equity of 10.41%. On average, analysts expect CompoSecure to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CompoSecure Price Performance

Shares of NASDAQ CMPO opened at $7.11 on Friday. CompoSecure has a 1-year low of $4.61 and a 1-year high of $7.56. The business’s 50 day moving average is $6.31 and its two-hundred day moving average is $5.69. The stock has a market capitalization of $572.57 million, a P/E ratio of 7.92 and a beta of 0.72.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on CMPO shares. Benchmark reissued a “buy” rating and set a $8.00 target price on shares of CompoSecure in a research report on Wednesday, April 24th. B. Riley increased their target price on shares of CompoSecure from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, CompoSecure currently has an average rating of “Moderate Buy” and an average target price of $11.83.

About CompoSecure

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.