In the past week, CMP stock has gone up by 49.29%, with a monthly gain of 19.10% and a quarterly surge of 3.66%. The volatility ratio for the week is 8.35%, and the volatility levels for the last 30 days are 5.75% for Compass Minerals International Inc The simple moving average for the past 20 days is 31.14% for CMP’s stock, with a -27.83% simple moving average for the past 200 days.
Is It Worth Investing in Compass Minerals International Inc (NYSE: CMP) Right Now?
The stock has a 36-month beta value of 1.09. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 1 as “sell.”
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The public float for CMP is 40.92M, and at present, short sellers hold a 16.34% of that float. On September 17, 2024, the average trading volume of CMP was 878.19K shares.
CMP) stock’s latest price update
The stock price of Compass Minerals International Inc (NYSE: CMP) has jumped by 25.95 compared to previous close of 9.21. Despite this, the company has seen a gain of 49.29% in its stock price over the last five trading days. zacks.com reported 2024-09-17 that Compass Minerals (CMP) came out with a quarterly loss of $1.01 per share versus the Zacks Consensus Estimate of a loss of $0.67. This compares to earnings of $1.01 per share a year ago.
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 10.78% 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 -60.00% of loss for the given period.
Volatility was left at 5.75%, however, over the last 30 days, the volatility rate increased by 8.35%, as shares surge +22.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.16% upper at present.
During the last 5 trading sessions, CMP rose by +54.25%, which changed the moving average for the period of 200-days by -51.40% in comparison to the 20-day moving average, which settled at $8.96. In addition, Compass Minerals International Inc saw -54.19% 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:
- 0.03 for the present operating margin
- 0.19 for the gross margin
The net margin for Compass Minerals International Inc stands at 0.02. The total capital return value is set at 0.02. Equity return is now at value -19.81, 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 0.12. The debt to equity ratio resting at 1.56. The interest coverage ratio of the stock is 0.63.
Currently, EBITDA for the company is 90.7 million with net debt to EBITDA at 8.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.46. The receivables turnover for the company is 6.58for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.98.
Conclusion
To sum up, Compass Minerals International Inc (CMP) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
