CompoSecure, Inc. (NASDAQ:CMPO) Receives $15.79 Consensus Target Price from Brokerages

CompoSecure, Inc. (NASDAQ:CMPO) has been given a consensus rating of “Moderate Buy” by the seven analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $15.79.

A number of equities research analysts have weighed in on CMPO shares. Lake Street Capital boosted their target price on shares of CompoSecure from $14.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. boosted their target price on shares of CompoSecure from $8.00 to $12.00 and gave the company a “neutral” rating in a research note on Tuesday, August 20th. Compass Point boosted their target price on shares of CompoSecure from $11.50 to $14.50 and gave the company a “buy” rating in a research note on Tuesday, August 20th. Bank of America boosted their target price on shares of CompoSecure from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Thursday, August 8th. Finally, Benchmark reissued a “buy” rating and set a $17.00 price objective on shares of CompoSecure in a research report on Tuesday, November 12th.

CompoSecure Stock Performance

CompoSecure stock opened at $16.19 on Friday. The stock’s 50 day simple moving average is $14.59 and its two-hundred day simple moving average is $10.59. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of -36.80, a PEG ratio of 1.27 and a beta of 0.76. CompoSecure has a fifty-two week low of $4.61 and a fifty-two week high of $16.24.

CompoSecure (NASDAQ:CMPO) last released its earnings results on Friday, November 8th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. The business had revenue of $107.14 million for the quarter, compared to analysts’ expectations of $105.11 million. During the same quarter in the previous year, the business posted $0.24 earnings per share. On average, analysts predict that CompoSecure will post 1.02 earnings per share for the current year.

Insider Activity at CompoSecure

In other CompoSecure news, CEO Jonathan Wilk sold 618,014 shares of CompoSecure stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $7.55, for a total value of $4,666,005.70. Following the transaction, the chief executive officer now directly owns 618,013 shares of the company’s stock, valued at approximately $4,665,998.15. The trade was a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Adam Joseph Lowe sold 5,730 shares of CompoSecure stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $12.05, for a total transaction of $69,046.50. Following the completion of the transaction, the insider now directly owns 1,292,219 shares in the company, valued at $15,571,238.95. This represents a 0.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,641,727 shares of company stock valued at $80,370,824 over the last ninety days. 74.99% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CWM LLC lifted its position in CompoSecure by 205.9% during the second quarter. CWM LLC now owns 3,656 shares of the company’s stock valued at $25,000 after purchasing an additional 2,461 shares during the period. Sandia Investment Management LP acquired a new position in CompoSecure during the second quarter valued at $68,000. nVerses Capital LLC acquired a new position in CompoSecure during the third quarter valued at $72,000. Wolverine Asset Management LLC acquired a new position in CompoSecure during the third quarter valued at $74,000. Finally, FMR LLC lifted its position in CompoSecure by 693.0% during the third quarter. FMR LLC now owns 5,900 shares of the company’s stock valued at $83,000 after purchasing an additional 5,156 shares during the period. 37.56% of the stock is currently owned by institutional investors and hedge funds.

CompoSecure Company Profile

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.