A number of firms have modified their ratings and price targets on shares of Compass Minerals International (NYSE: CMP) recently:

  • 11/2/2018 – Compass Minerals International was given a new $49.00 price target on by analysts at Credit Suisse Group AG. They now have a “sell” rating on the stock.
  • 11/2/2018 – Compass Minerals International had its price target lowered by analysts at BMO Capital Markets from $65.00 to $60.00. They now have a “market perform” rating on the stock.
  • 11/2/2018 – Compass Minerals International had its price target lowered by analysts at Monness Crespi & Hardt from $76.00 to $63.00. They now have a “buy” rating on the stock.
  • 10/26/2018 – Compass Minerals International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Compass Minerals is a leading provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses, and specialty plant nutrition minerals that improve the quality and yield of crops. The company produces its minerals at locations throughout the U.S., Canada, Brazil and the U.K. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. “
  • 10/24/2018 – Compass Minerals International had its price target lowered by analysts at BMO Capital Markets from $70.00 to $65.00. They now have a “market perform” rating on the stock.
  • 10/23/2018 – Compass Minerals International was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 10/9/2018 – Compass Minerals International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Compass Minerals is a leading provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses, and specialty plant nutrition minerals that improve the quality and yield of crops. The company produces its minerals at locations throughout the U.S., Canada, Brazil and the U.K. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. “
  • 9/19/2018 – Compass Minerals International was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.

CMP traded up $1.64 during midday trading on Thursday, hitting $51.59. 302,575 shares of the company’s stock traded hands, compared to its average volume of 348,609. The firm has a market cap of $1.72 billion, a PE ratio of 18.76 and a beta of 1.05. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.32 and a current ratio of 2.55. Compass Minerals International, Inc. has a one year low of $45.25 and a one year high of $76.65.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Wednesday, October 31st. The basic materials company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.03). The business had revenue of $322.50 million for the quarter, compared to the consensus estimate of $316.49 million. Compass Minerals International had a net margin of 0.91% and a return on equity of 12.10%. Compass Minerals International’s revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.65 EPS. On average, sell-side analysts anticipate that Compass Minerals International, Inc. will post 2.28 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 17th. Investors of record on Monday, December 3rd will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend is Friday, November 30th. Compass Minerals International’s payout ratio is presently 104.73%.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Laurel Wealth Advisors Inc. bought a new position in Compass Minerals International during the third quarter valued at approximately $201,000. Advisors Asset Management Inc. raised its position in Compass Minerals International by 4.3% during the third quarter. Advisors Asset Management Inc. now owns 346,388 shares of the basic materials company’s stock valued at $23,277,000 after acquiring an additional 14,189 shares in the last quarter. MetLife Investment Advisors LLC raised its position in Compass Minerals International by 21.1% during the third quarter. MetLife Investment Advisors LLC now owns 44,714 shares of the basic materials company’s stock valued at $3,005,000 after acquiring an additional 7,783 shares in the last quarter. EP Wealth Advisors LLC bought a new position in Compass Minerals International during the third quarter valued at approximately $801,000. Finally, Vident Investment Advisory LLC bought a new position in Compass Minerals International during the third quarter valued at approximately $561,000. 96.36% of the stock is currently owned by hedge funds and other institutional investors.

Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.

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