Compass (NYSE:COMP) Releases Earnings Results

Compass (NYSE:COMP) posted its earnings results on Tuesday. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02, Zacks reports. Compass had a negative net margin of 3.70% and a negative return on equity of 49.45%. During the same quarter in the previous year, the firm earned ($0.09) EPS. Compass updated its Q1 2025 guidance to EPS.

Compass Price Performance

Shares of Compass stock traded up $0.04 during trading on Tuesday, hitting $7.97. The company’s stock had a trading volume of 9,258,958 shares, compared to its average volume of 5,543,434. The stock has a market cap of $4.06 billion, a price-to-earnings ratio of -19.91 and a beta of 2.95. Compass has a 52 week low of $2.89 and a 52 week high of $8.00. The stock has a 50-day moving average price of $6.64 and a two-hundred day moving average price of $6.17.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on COMP. Barclays boosted their target price on shares of Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 target price on shares of Compass in a research note on Thursday, January 16th. UBS Group raised shares of Compass from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $7.00 to $11.00 in a research note on Tuesday, February 11th. Oppenheimer boosted their target price on shares of Compass from $8.50 to $9.50 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Finally, The Goldman Sachs Group boosted their price objective on shares of Compass from $7.00 to $8.00 and gave the stock a “buy” rating in a research note on Tuesday, December 3rd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Compass currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.65.

Insider Activity at Compass

In related news, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $6.33, for a total value of $63,300,000.00. Following the transaction, the insider now owns 58,070,273 shares in the company, valued at $367,584,828.09. The trade was a 14.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Robert L. Reffkin sold 224,510 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $7.90, for a total transaction of $1,773,629.00. Following the completion of the transaction, the chief executive officer now owns 1,139,136 shares in the company, valued at approximately $8,999,174.40. The trade was a 16.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,728,326 shares of company stock worth $74,520,082 over the last quarter. Company insiders own 6.25% of the company’s stock.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.