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Compass Inc (COMP) Analysis & Forecast for 2024

Compass Inc (NYSE: COMP) is -12.50% lower on its value in year-to-date trading and has touched a low of $1.82 and a high of $4.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COMP stock was last observed hovering at around $3.27 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $3.29, the stock is -6.47% and -6.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.26 million and changing 0.61% at the moment leaves the stock 3.28% off its SMA200. COMP registered 9.67% gain for a year compared to 6-month gain of 8.22%. The firm has a 50-day simple moving average (SMA 50) of $0.40 and a 200-day simple moving average (SMA200) of -$9.07.

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The stock witnessed a -0.90% loss in the last 1 month and extending the period to 3 months gives it a -5.73%, and is 10.77% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.03% over the week and 7.07% over the month.

Compass Inc (COMP) has around 2549 employees, a market worth around $1.60B and $4.88B in sales. Profit margin for the company is -6.58%. Distance from 52-week low is 81.27% and -26.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.30%).

Compass Inc quarterly earnings per share for the current quarter are estimated at -$0.2 with sales reaching $1.02B over the same period.The EPS is expected to grow by 59.79% this year, but quarterly earnings will post 10.20% year-over-year. Quarterly sales are estimated to grow 6.80% in year-over-year returns.

Compass Inc (COMP) Top Institutional Holders

254 institutions hold shares in Compass Inc (COMP), with institutional investors hold 66.04% of the company’s shares. The shares outstanding are 465.63M, and float is at 364.15M with Short Float at 4.94%. Institutions hold 64.43% of the Float.

The top institutional shareholder in the company is SB Investment Advisers (UK) LTD with over 117.37 million shares valued at $410.78 million. The investor’s holdings represent 25.18% of the COMP Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 44.78 million shares valued at $156.74 million to account for 9.61% of the shares outstanding. The other top investors are Blackrock Inc. which holds 20.02 million shares representing 4.30% and valued at over $70.07 million, while Antipodes Partners Ltd. holds 3.41% of the shares totaling 15.9 million with a market value of $55.64 million.

Compass Inc (COMP) Insider Activity

The most recent transaction is an insider sale by SVF Excalibur (Cayman) Ltd,the company’s10% Owner. SEC filings show that SVF Excalibur (Cayman) Ltd sold 10,000,000 shares of the company’s common stock on Jan 09 ’24 at a price of $3.66 per share for a total of $36.6 million. Following the sale, the insider now owns 92.47 million shares.

Compass Inc disclosed in a document filed with the SEC on Dec 14 ’23 that SVF Excalibur (Cayman) Ltd (10% Owner) sold a total of 14,895,000 shares of the company’s common stock. The trade occurred on Dec 14 ’23 and was made at $2.66 per share for $39.62 million. Following the transaction, the insider now directly holds 102.47 million shares of the COMP stock.

Still, SEC filings show that on Dec 01 ’23, Hart Gregory M. (Chief Operating Officer) disposed off 24,604 shares at an average price of $2.39 for $58843.0. The insider now directly holds 872,199 shares of Compass Inc (COMP).

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