Compass Target of Unusually Large Options Trading (NYSE:COMP)

Compass, Inc. (NYSE:COMP) saw unusually large options trading activity on Thursday. Investors purchased 15,109 put options on the company. This represents an increase of approximately 1,285% compared to the average volume of 1,091 put options.

Compass Stock Up 3.0 %

COMP stock traded up $0.10 during trading on Thursday, reaching $3.44. The stock had a trading volume of 1,765,912 shares, compared to its average volume of 4,834,862. The stock’s 50 day moving average is $3.58 and its two-hundred day moving average is $3.06. Compass has a 52 week low of $1.82 and a 52 week high of $4.49.

Compass (NYSE:COMP) last released its quarterly earnings results on Tuesday, February 27th. The company reported ($0.17) EPS for the quarter, meeting the consensus estimate of ($0.17). The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.14 billion. Compass had a negative net margin of 6.58% and a negative return on equity of 70.51%. During the same quarter in the prior year, the firm earned ($0.36) EPS. As a group, analysts forecast that Compass will post -0.32 earnings per share for the current year.

Analysts Set New Price Targets

COMP has been the subject of several recent analyst reports. UBS Group lifted their target price on shares of Compass from $2.25 to $3.50 and gave the stock a “neutral” rating in a report on Friday, March 1st. Needham & Company LLC reiterated a “buy” rating and set a $5.00 target price on shares of Compass in a research note on Wednesday, February 28th. BTIG Research decreased their price target on Compass from $4.50 to $4.30 and set a “buy” rating for the company in a research note on Thursday, February 29th. Barclays upped their price target on Compass from $2.50 to $4.00 and gave the company an “equal weight” rating in a report on Tuesday, March 5th. Finally, Gordon Haskett downgraded Compass from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $2.75 to $2.25 in a report on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $3.78.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.