Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Compass Minerals International Inc’s stock clocked out at $15.09, down -2.20% from its previous closing price of $15.43. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 0.71 million shares were traded. CMP stock price reached its highest trading level at $15.43 during the session, while it also had its lowest trading level at $14.56.
Ratios:
To gain a deeper understanding of CMP’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 2.90. In the meantime, Its Debt-to-Equity ratio is 2.49 whereas as Long-Term Debt/Eq ratio is at 2.47.
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:
Investing in insider trades can also provide an investor with insight into how management views future 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.
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 625471424 and an Enterprise Value of 1542771200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 1.019 whereas that against EBITDA is 5.534.
Stock Price History:
Over the past 52 weeks, CMP has reached a high of $27.25, while it has fallen to a 52-week low of $7.51. The 50-Day Moving Average of the stock is 14.88%, while the 200-Day Moving Average is calculated to be 13.58%.
Shares Statistics:
It appears that CMP traded 1.07M shares on average per day over the past three months and 1205090 shares per day over the past ten days. A total of 41.36M shares are outstanding, with a floating share count of 41.01M. Insiders hold about 1.06% of the company’s shares, while institutions hold 102.37% stake in the company. Shares short for CMP as of 1731628800 were 3087110 with a Short Ratio of 2.88, compared to 1728950400 on 3390548. Therefore, it implies a Short% of Shares Outstanding of 3087110 and a Short% of Float of 12.989999999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 2.88, CMP has a forward annual dividend rate of 0.30. Against a Trailing Annual Dividend Yield of 0.18664938The stock’s 5-year Average Dividend Yield is 3.7.
