Pamela Thomas-Graham Sells 35,683 Shares of Compass, Inc. (NYSE:COMP) Stock

Compass, Inc. (NYSE:COMP) Director Pamela Thomas-Graham sold 35,683 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $9.00, for a total transaction of $321,147.00. Following the transaction, the director now directly owns 93,990 shares of the company’s stock, valued at $845,910. This represents a 27.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Compass Stock Down 7.9 %

Shares of NYSE COMP opened at $9.01 on Friday. The firm’s 50-day moving average price is $6.80 and its 200-day moving average price is $6.27. Compass, Inc. has a 52-week low of $2.89 and a 52-week high of $10.25. The company has a market cap of $4.60 billion, a PE ratio of -29.05 and a beta of 2.95.

Compass (NYSE:COMP) last issued its earnings results on Tuesday, February 18th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.02. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Compass had a negative net margin of 2.74% and a negative return on equity of 39.72%. During the same quarter last year, the company posted ($0.09) earnings per share. As a group, equities research analysts anticipate that Compass, Inc. will post 0.09 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on COMP. Needham & Company LLC lifted their price objective on Compass from $10.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. Morgan Stanley lifted their price target on Compass from $6.00 to $8.50 and gave the stock an “equal weight” rating in a research report on Wednesday. Barclays increased their price objective on shares of Compass from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group lifted their target price on shares of Compass from $8.00 to $9.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, UBS Group upped their target price on shares of Compass from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Wednesday. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $8.69.

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.