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Compass Minerals International Inc (CMP) – Don’t Be So Quick to Call it Dead

Compass Minerals International Inc (NYSE: CMP) is -2.76% lower on its value in year-to-date trading and has touched a low of $7.51 and a high of $23.59 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 $11.26 in the last trading session, with the day’s loss setting it -0.32%.

Currently trading at $10.94, the stock is -6.53% and -8.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing -2.84% at the moment leaves the stock -8.65% off its SMA200. CMP registered -49.79% loss for a year compared to 6-month gain of 18.40%.

The stock witnessed a -8.83% loss in the last 1 month and extending the period to 3 months gives it a -26.23%, and is -7.99% 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 6.18% over the week and 6.64% over the month.

Compass Minerals International Inc (CMP) has around 1894 employees, a market worth around $454.06M and $1.08B in sales. Fwd P/E is 19.72. Profit margin for the company is -14.27%. Distance from 52-week low is 45.67% and -53.62% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.57%).

with sales reaching $413.82M over the same period.The EPS is expected to shrink by -955.23% this year, but quarterly earnings will post 3.74% year-over-year. Quarterly sales are estimated to grow 13.69% in year-over-year returns.

The shares outstanding are 41.47M, and float is at 40.56M with Short Float at 5.07%.

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.

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