Compass Minerals International (NYSE:CMP) Reaches New 1-Year Low Following Analyst Downgrade
From MarketBeat:
Compass Minerals International, Inc. (NYSE:CMP) shares hit a new 52-week low during mid-day trading on Thursday after Stifel Nicolaus lowered their price target on the stock from $75.00 to $60.00. The stock had previously closed at $20.61.
JPMorgan Chase & Co. upgraded Compass Minerals International from an “underweight” rating to a “neutral” rating and lowered their price objective for the stock from $36.00 to $24.00. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $46.80.
Institutional investors and hedge funds have recently added to or reduced their stakes in CMP. Hedge funds and other institutional investors own 92.79% of the company’s stock.
Compass Minerals International Stock Performance
The stock has a market capitalization of $823.79 million, a PE ratio of 57.25, a P/E/G ratio of 0.45 and a beta of 1.25. The firm’s 50 day moving average is $24.72 and its two-hundred day moving average is $28.70.
Compass Minerals International last announced its quarterly earnings data on Thursday, November 16th, reporting ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.20).
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. This represents a $0.60 annualized dividend and a dividend yield of 3.00%.
Compass Minerals International Company Profile
Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition.
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