Additionally, the 36-month beta value for CMP is 1.18. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 4 rating it as “hold,” and 1 rating it 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 May 09, 2024 was 729.38K shares.
CMP) stock’s latest price update
The stock price of Compass Minerals International Inc (NYSE: CMP) has surged by 0.75 when compared to previous closing price of 13.36, but the company has seen a 10.78% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that The headline numbers for Compass (CMP) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
CMP’s Market Performance
Compass Minerals International Inc (CMP) has seen a 10.78% rise in stock performance for the week, with a -9.36% decline in the past month and a -40.34% plunge in the past quarter. The volatility ratio for the week is 7.12%, and the volatility levels for the past 30 days are at 5.58% for CMP. The simple moving average for the past 20 days is 1.44% for CMP’s stock, with a -43.95% simple moving average for the past 200 days.
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 “Buy.” The predicted price for CMP in the upcoming period, according to Loop Capital is $23 based on the research report published on April 26, 2024 of the current year 2024.
Loop Capital, on the other hand, stated in their research note that they expect to see CMP reach a price target of $26, previously predicting the price at $29. The rating they have provided for CMP stocks is “Hold” according to the report published on March 04th, 2024.
JP Morgan gave a rating of “Neutral” to CMP, setting the target price at $24 in the report published on November 20th of the previous year.
CMP Trading at -17.38% 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 -66.16% of loss for the given period.
Volatility was left at 5.58%, however, over the last 30 days, the volatility rate increased by 7.12%, as shares sank -4.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.99% lower at present.
During the last 5 trading sessions, CMP rose by +10.78%, which changed the moving average for the period of 200-days by -62.28% in comparison to the 20-day moving average, which settled at $13.24. In addition, Compass Minerals International Inc saw -46.84% 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 -19.79, with -5.03 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 1.1. 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 2.98.
Conclusion
In conclusion, Compass Minerals International Inc (CMP) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
