Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Compass Minerals International Inc (NYSE: CMP) closed at $13.20 in the last session, up 3.53% from day before closing price of $12.75. In other words, the price has increased by $3.53 from its previous closing price. On the day, 0.66 million shares were traded. CMP stock price reached its highest trading level at $13.32 during the session, while it also had its lowest trading level at $12.7959.
Ratios:
We take a closer look at CMP’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 1.99 whereas as Long-Term Debt/Eq ratio is at 1.98.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Loop Capital on April 26, 2024, Upgraded its rating to Buy and sets its target price to $23 from $26 previously.
On March 04, 2024, Loop Capital Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $29 to $26.
JP Morgan Upgraded its Underweight to Neutral on November 20, 2023, whereas the target price for the stock was revised from $36 to $24.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 22 ’24 when Reece Joseph E bought 5,000 shares for $21.24 per share. The transaction valued at 106,200 led to the insider holds 16,000 shares of the business.
Standen James D. bought 3,503 shares of CMP for $94,056 on Sep 21 ’23. The Chief Commercial Officer now owns 30,000 shares after completing the transaction at $26.85 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMP now has a Market Capitalization of 545309184 and an Enterprise Value of 1462609152. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.966 whereas that against EBITDA is 5.246.
Stock Price History:
Over the past 52 weeks, CMP has reached a high of $39.78, while it has fallen to a 52-week low of $11.85. The 50-Day Moving Average of the stock is -20.66%, while the 200-Day Moving Average is calculated to be -45.53%.
Shares Statistics:
According to the various share statistics, CMP traded on average about 721.43K shares per day over the past 3-months and 702180 shares per day over the past 10 days. A total of 41.16M shares are outstanding, with a floating share count of 40.87M. Insiders hold about 1.07% of the company’s shares, while institutions hold 99.37% stake in the company. Shares short for CMP as of 1713139200 were 3480401 with a Short Ratio of 4.82, compared to 1710460800 on 2714245. Therefore, it implies a Short% of Shares Outstanding of 3480401 and a Short% of Float of 14.739999000000001.
Dividends & Splits
The forward annual dividend rate for CMP is 0.60, which was 2.88 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.22588237The stock’s 5-year Average Dividend Yield is 3.87.
