CompoSecure, Inc. (NASDAQ:CMPO) Receives $15.07 Consensus PT from Analysts

CompoSecure, Inc. (NASDAQ:CMPO) has been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $15.07.

A number of research firms recently issued reports on CMPO. Benchmark lifted their target price on CompoSecure from $12.00 to $17.00 and gave the company a “buy” rating in a research report on Wednesday, September 18th. Bank of America increased their price objective on CompoSecure from $9.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, August 8th. Lake Street Capital boosted their target price on shares of CompoSecure from $14.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Compass Point increased their price target 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. Finally, JPMorgan Chase & Co. boosted their price objective on shares of CompoSecure from $8.00 to $12.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 20th.

Insider Buying and Selling

In other CompoSecure news, COO Gregoire Maes sold 50,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $11.04, for a total value of $552,000.00. Following the transaction, the chief operating officer now directly owns 762,009 shares of the company’s stock, valued at $8,412,579.36. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other CompoSecure news, COO Gregoire Maes sold 50,000 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $11.04, for a total value of $552,000.00. Following the transaction, the chief operating officer now directly owns 762,009 shares of the company’s stock, valued at $8,412,579.36. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Adam Joseph Lowe sold 45,000 shares of CompoSecure stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $11.06, for a total value of $497,700.00. Following the sale, the insider now directly owns 1,292,219 shares of the company’s stock, valued at $14,291,942.14. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,867,586 shares of company stock valued at $82,870,442. Company insiders own 74.99% of the company’s stock.

Institutional Trading of CompoSecure

A number of institutional investors have recently bought and sold shares of the business. GSA Capital Partners LLP boosted its stake in shares of CompoSecure by 87.9% in the first quarter. GSA Capital Partners LLP now owns 103,875 shares of the company’s stock valued at $751,000 after buying an additional 48,586 shares during the period. Pacific Ridge Capital Partners LLC bought a new stake in shares of CompoSecure during the 1st quarter valued at $1,424,000. Vanguard Group Inc. grew its holdings in shares of CompoSecure by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 843,476 shares of the company’s stock worth $6,098,000 after purchasing an additional 13,081 shares in the last quarter. Quadrature Capital Ltd bought a new position in shares of CompoSecure in the first quarter worth $158,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in CompoSecure in the first quarter valued at about $91,000. Institutional investors own 37.56% of the company’s stock.

CompoSecure Stock Performance

NASDAQ CMPO opened at $14.95 on Wednesday. CompoSecure has a 52 week low of $4.61 and a 52 week high of $15.76. The stock’s 50 day moving average price is $13.55 and its two-hundred day moving average price is $9.59. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 1.11 and a beta of 0.78.

CompoSecure (NASDAQ:CMPO) last announced its earnings results on Wednesday, August 7th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.26 by $0.01. CompoSecure had a net margin of 6.33% and a negative return on equity of 11.78%. The business had revenue of $108.57 million during the quarter, compared to analysts’ expectations of $102.22 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. On average, equities research analysts forecast that CompoSecure will post 1.1 EPS for the current year.

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.