Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of Compass Minerals International Inc (NYSE: CMP) was $11.29 for the day, up 2.45% from the previous closing price of $11.02. In other words, the price has increased by $2.45 from its previous closing price. On the day, 0.57 million shares were traded. CMP stock price reached its highest trading level at $11.67 during the session, while it also had its lowest trading level at $11.11.
Ratios:
Our analysis of CMP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 2.71. In the meantime, Its Debt-to-Equity ratio is 3.11 whereas as Long-Term Debt/Eq ratio is at 3.03.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
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 468002112 and an Enterprise Value of 1301645440. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 0.86 whereas that against EBITDA is 4.669.
Stock Price History:
The Beta on a monthly basis for CMP is 1.20, which has changed by -0.46374696 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, CMP has reached a high of $24.40, while it has fallen to a 52-week low of $7.51. The 50-Day Moving Average of the stock is -13.48%, while the 200-Day Moving Average is calculated to be -8.02%.
Shares Statistics:
CMP traded an average of 759.18K shares per day over the past three months and 777320 shares per day over the past ten days. A total of 41.38M shares are outstanding, with a floating share count of 41.01M. Insiders hold about 1.06% of the company’s shares, while institutions hold 102.44% stake in the company. Shares short for CMP as of 1734048000 were 1984440 with a Short Ratio of 2.61, compared to 1731628800 on 3087110. Therefore, it implies a Short% of Shares Outstanding of 1984440 and a Short% of Float of 8.3500005.
Dividends & Splits
With its trailing 12-month dividend rate of 2.88, CMP has a forward annual dividend rate of 0.15. Against a Trailing Annual Dividend Yield of 0.261343The stock’s 5-year Average Dividend Yield is 3.67.