Compass Minerals International Inc (NYSE: CMP) is -47.24% lower on its value in year-to-date trading and has touched a low of $7.51 and a high of $28.70 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 CMP stock was last observed hovering at around $12.83 in the last trading session, with the day’s gains setting it 0.53%.
Currently trading at $13.36, the stock is 10.66% and 27.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.71 million and changing 4.13% at the moment leaves the stock -8.50% off its SMA200. CMP registered -52.06% loss for a year compared to 6-month loss of 0.23%. The firm has a 50-day simple moving average (SMA 50) of $10.4188 and a 200-day simple moving average (SMA200) of $14.66105.
The stock witnessed a 19.82% gain in the last 1 month and extending the period to 3 months gives it a 5.86%, and is -0.22% down 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 6.93% over the week and 6.45% over the month.
Compass Minerals International Inc (CMP) has around 1981 employees, a market worth around $552.17M and $1.14B in sales. Fwd P/E is 52.39. Profit margin for the company is -14.85%. Distance from 52-week low is 77.90% and -53.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.89%).
The EPS is expected to shrink by -167.33% this year
288.0 institutions hold shares in Compass Minerals International Inc (CMP), with institutional investors hold 115.69% of the company’s shares. The shares outstanding are 41.16M, and float is at 40.90M with Short Float at 8.38%. Institutions hold 94.70% of the Float.
The top institutional shareholder in the company is KOCH INDUSTRIES INC with over 7.03 million shares valued at $72.67 million. The investor’s holdings represent 17.2476 of the CMP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.56 million shares valued at $67.8 million to account for 16.0924 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.47 million shares representing 10.9597 and valued at over $46.18 million, while SELECT EQUITY GROUP, L.P. holds 7.1506 of the shares totaling 2.92 million with a market value of $30.13 million.
Compass Minerals International Inc (CMP) Insider Activity
The most recent transaction is an insider purchase by Reece Joseph E, the company’s Director. SEC filings show that Reece Joseph E bought 5,000 shares of the company’s common stock on Jan 22 ’24 at a price of $21.24 per share for a total of $0.11 million. Following the purchase, the insider now owns 16000.0 shares.
