Compass Minerals International Inc. (NYSE:CMP) has been assigned an average rating of “Hold” from the eleven research firms that are presently covering the firm. Six equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $77.50.

A number of brokerages have commented on CMP. TheStreet raised shares of Compass Minerals International from a “hold” rating to a “buy” rating in a report on Monday, November 21st. Zacks Investment Research cut shares of Compass Minerals International from a “buy” rating to a “hold” rating in a report on Friday, October 28th. Finally, Monness Crespi & Hardt raised shares of Compass Minerals International from a “sell” rating to a “neutral” rating in a report on Wednesday, October 26th.

Several institutional investors have recently bought and sold shares of CMP. Geode Capital Management LLC raised its position in shares of Compass Minerals International by 3.3% in the first quarter. Geode Capital Management LLC now owns 199,096 shares of the company’s stock worth $14,107,000 after buying an additional 6,424 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Compass Minerals International by 5.2% in the first quarter. Envestnet Asset Management Inc. now owns 23,219 shares of the company’s stock worth $1,645,000 after buying an additional 1,152 shares in the last quarter. BNP Paribas Arbitrage SA raised its position in shares of Compass Minerals International by 3,900.8% in the second quarter. BNP Paribas Arbitrage SA now owns 14,523 shares of the company’s stock worth $1,077,000 after buying an additional 14,160 shares in the last quarter. Marshwinds Advisory Co. raised its position in shares of Compass Minerals International by 7.9% in the second quarter. Marshwinds Advisory Co. now owns 3,776 shares of the company’s stock worth $280,000 after buying an additional 275 shares in the last quarter. Finally, Raymond James Trust N.A. raised its position in shares of Compass Minerals International by 2.6% in the second quarter. Raymond James Trust N.A. now owns 5,763 shares of the company’s stock worth $427,000 after buying an additional 145 shares in the last quarter.

Compass Minerals International (NYSE:CMP) traded down 0.19% during mid-day trading on Wednesday, hitting $77.85. 69,393 shares of the stock traded hands. The company has a market cap of $2.63 billion, a P/E ratio of 21.40 and a beta of 0.49. The company’s 50 day moving average is $73.93 and its 200 day moving average is $74.26. Compass Minerals International has a 12 month low of $66.30 and a 12 month high of $85.20.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings data on Monday, October 24th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.01. Compass Minerals International had a net margin of 12.55% and a return on equity of 18.34%. The company had revenue of $179.60 million for the quarter, compared to analysts’ expectations of $207.25 million. During the same period in the previous year, the firm earned $0.80 earnings per share. The firm’s revenue for the quarter was down 22.8% on a year-over-year basis. On average, analysts expect that Compass Minerals International will post $2.95 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 1st will be given a $0.695 dividend. The ex-dividend date is Tuesday, November 29th. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.56%. Compass Minerals International’s payout ratio is currently 76.58%.

ILLEGAL ACTIVITY WARNING: This story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright legislation. The legal version of this story can be read at https://www.thecerbatgem.com/2016/11/30/compass-minerals-international-inc-cmp-given-average-recommendation-of-hold-by-brokerages.html.

About Compass Minerals International

Compass Minerals International, Inc is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition.

5 Day Chart for NYSE:CMP

Receive News & Stock Ratings for Compass Minerals International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Minerals International Inc. and related stocks with our FREE daily email newsletter.