Ratios Revealed: Decoding Compass Minerals International Inc (CMP)’s Financial Health

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The closing price of Compass Minerals International Inc (NYSE: CMP) was $12.67 for the day, up 1.52% from the previous closing price of $12.48. In other words, the price has increased by $1.52 from its previous closing price. On the day, 0.57 million shares were traded. CMP stock price reached its highest trading level at $13.23 during the session, while it also had its lowest trading level at $12.51.

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 1.15 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 2.26 whereas as Long-Term Debt/Eq ratio is at 2.25.

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.

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 523414176 and an Enterprise Value of 1440647040. 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 1.14. Its current Enterprise Value per Revenue stands at 0.951 whereas that against EBITDA is 5.167.

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 -18.24%, while the 200-Day Moving Average is calculated to be -46.16%.

Shares Statistics:

CMP traded an average of 712.19K shares per day over the past three months and 814230 shares per day over the past ten 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 102.52% stake in the company. Shares short for CMP as of 1714435200 were 3538931 with a Short Ratio of 4.97, compared to 1711584000 on 3155532. Therefore, it implies a Short% of Shares Outstanding of 3538931 and a Short% of Float of 14.979999999999999.

Dividends & Splits

With its trailing 12-month dividend rate of 2.88, CMP has a forward annual dividend rate of 0.60. Against a Trailing Annual Dividend Yield of 0.23076925The stock’s 5-year Average Dividend Yield is 3.87.

Earnings Estimates

As of right now, 6.0 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.53 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.95, while EPS last year was $1.01. The consensus estimate for the next quarter is -$0.51, with high estimates of -$0.31 and low estimates of -$0.67.

Analysts are recommending an EPS of between $1.97 and -$0.08 for the fiscal current year, implying an average EPS of $0.69. EPS for the following year is $0.27, with 7.0 analysts recommending between $1.39 and -$0.84.

Revenue Estimates

For the next quarter, 6 analysts are estimating revenue of $228.77M. There is a high estimate of $261M for the next quarter, whereas the lowest estimate is $205.9M.

A total of 8 analysts have provided revenue estimates for CMP’s current fiscal year. The highest revenue estimate was $1.26B, while the lowest revenue estimate was $1.11B, resulting in an average revenue estimate of $1.14B. In the same quarter a year ago, actual revenue was $1.2BBased on 8 analysts’ estimates, the company’s revenue will be $1.18B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.08B.

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