Compass (NYSE:COMP) Shares Down 4.7% – Time to Sell?

Compass, Inc. (NYSE:COMP) shares were down 4.7% on Wednesday . The stock traded as low as $5.35 and last traded at $5.43. Approximately 1,076,055 shares were traded during trading, a decline of 76% from the average daily volume of 4,550,129 shares. The stock had previously closed at $5.70.

Analyst Ratings Changes

COMP has been the topic of a number of recent analyst reports. Barclays increased their price target on shares of Compass from $4.00 to $5.00 and gave the stock an “equal weight” rating in a report on Thursday, August 1st. The Goldman Sachs Group raised their price target on shares of Compass from $4.00 to $4.50 and gave the company a “buy” rating in a report on Thursday, August 1st. Needham & Company LLC increased their price objective on Compass from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Oppenheimer boosted their target price on Compass from $6.00 to $8.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 24th. Finally, UBS Group raised their price target on Compass from $4.40 to $6.50 and gave the company a “neutral” rating in a report on Tuesday. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $4.78.

Compass Price Performance

The firm’s 50 day simple moving average is $5.73 and its two-hundred day simple moving average is $4.51. The firm has a market capitalization of $2.80 billion, a P/E ratio of -9.13 and a beta of 2.93.

Compass (NYSE:COMP) last issued its earnings results on Wednesday, July 31st. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.03. The company had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Compass had a negative return on equity of 57.23% and a negative net margin of 4.53%. During the same period in the prior year, the business posted ($0.10) EPS. As a group, equities research analysts forecast that Compass, Inc. will post -0.38 EPS for the current year.

Insider Buying and Selling

In other Compass news, CEO Robert L. Reffkin sold 27,664 shares of the stock in a transaction on Monday, August 12th. The shares were sold at an average price of $4.17, for a total transaction of $115,358.88. Following the completion of the sale, the chief executive officer now owns 393,486 shares of the company’s stock, valued at $1,640,836.62. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Robert L. Reffkin sold 164,514 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $4.90, for a total transaction of $806,118.60. Following the transaction, the chief executive officer now directly owns 835,486 shares of the company’s stock, valued at approximately $4,093,881.40. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert L. Reffkin sold 27,664 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $4.17, for a total value of $115,358.88. Following the transaction, the chief executive officer now owns 393,486 shares of the company’s stock, valued at approximately $1,640,836.62. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,267,261 shares of company stock valued at $56,222,967 over the last three months. 6.25% of the stock is owned by company insiders.

Compass Company Profile

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 in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.