In the past week, CMP stock has gone down by -7.21%, with a monthly decline of -7.82% and a quarterly plunge of -42.90%. The volatility ratio for the week is 4.61%, and the volatility levels for the last 30 days are 5.44% for Compass Minerals International Inc The simple moving average for the last 20 days is -10.77% for CMP stock, with a simple moving average of -49.51% for the last 200 days.
Is It Worth Investing in Compass Minerals International Inc (NYSE: CMP) Right Now?
CMP has 36-month beta value of 1.16. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 1 as “sell.”
The public float for CMP is 40.87M, and currently, short sellers hold a 8.52% ratio of that float. The average trading volume of CMP on April 26, 2024 was 697.07K shares.
CMP) stock’s latest price update
The stock of Compass Minerals International Inc (NYSE: CMP) has decreased by -1.25 when compared to last closing price of 12.78. Despite this, the company has experienced a -7.21% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-28 that Compass (CMP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down the road.
Analysts’ Opinion of CMP
Many brokerage firms have already submitted their reports for CMP stocks, with Loop Capital repeating the rating for CMP by listing it as a “Hold.” The predicted price for CMP in the upcoming period, according to Loop Capital is $26 based on the research report published on March 04, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see CMP reach a price target of $24, previously predicting the price at $36. The rating they have provided for CMP stocks is “Neutral” according to the report published on November 20th, 2023.
CMP Trading at -29.56% from the 50-Day Moving Average
After a stumble in the market that brought CMP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.28% of loss for the given period.
Volatility was left at 5.44%, however, over the last 30 days, the volatility rate increased by 4.61%, as shares sank -18.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.97% lower at present.
During the last 5 trading sessions, CMP fell by -7.21%, which changed the moving average for the period of 200-days by -62.09% in comparison to the 20-day moving average, which settled at $14.00. In addition, Compass Minerals International Inc saw -50.16% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CMP starting from Reece Joseph E, who purchase 5,000 shares at the price of $21.24 back on Jan 22 ’24. After this action, Reece Joseph E now owns 16,000 shares of Compass Minerals International Inc, valued at $106,200 using the latest closing price.
Standen James D., the Chief Commercial Officer of Compass Minerals International Inc, purchase 3,503 shares at $26.85 during a trade that took place back on Sep 21 ’23, which means that Standen James D. is holding 30,000 shares at $94,056 based on the most recent closing price.
Stock Fundamentals for CMP
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.19 for the gross margin
The net margin for Compass Minerals International Inc stands at 0.01. The total capital return value is set at 0.04. Equity return is now at value -12.40, with -3.37 for asset returns.
Based on Compass Minerals International Inc (CMP), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.56. The interest coverage ratio of the stock is 0.98.
Currently, EBITDA for the company is 90.7 million with net debt to EBITDA at 5.52. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. The receivables turnover for the company is 9.3for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.07.
Conclusion
To put it simply, Compass Minerals International Inc (CMP) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
