CompoSecure, Inc. (NASDAQ:CMPO) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have received a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $11.83.

CMPO has been the subject of several recent analyst reports. Benchmark restated a “buy” rating and set a $8.00 price objective on shares of CompoSecure in a research report on Wednesday, April 24th. B. Riley raised their price objective on shares of CompoSecure from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Thursday, March 7th.

CompoSecure Trading Down 1.7 %

NASDAQ:CMPO opened at $7.11 on Friday. The company’s 50-day moving average price is $6.35 and its 200-day moving average price is $5.70. The company has a market cap of $572.57 million, a P/E ratio of 7.81 and a beta of 0.72. CompoSecure has a twelve month low of $4.61 and a twelve month high of $7.56.

CompoSecure (NASDAQ:CMPO) last posted its quarterly earnings results on Wednesday, March 6th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.04. CompoSecure had a net margin of 4.82% and a negative return on equity of 10.41%. The firm had revenue of $99.90 million for the quarter, compared to the consensus estimate of $95.86 million. On average, analysts expect that CompoSecure will post 1.09 earnings per share for the current year.

Institutional Investors Weigh In On CompoSecure

Institutional investors have recently made changes to their positions in the stock. AE Wealth Management LLC acquired a new stake in shares of CompoSecure during the third quarter valued at about $74,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of CompoSecure during the third quarter valued at about $150,000. Allspring Global Investments Holdings LLC grew its holdings in shares of CompoSecure by 67.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 25,430 shares of the company’s stock valued at $164,000 after purchasing an additional 10,259 shares in the last quarter. Kerrisdale Advisers LLC acquired a new position in shares of CompoSecure in the third quarter valued at approximately $267,000. Finally, GSA Capital Partners LLP grew its holdings in shares of CompoSecure by 87.9% in the first quarter. GSA Capital Partners LLP now owns 103,875 shares of the company’s stock valued at $751,000 after purchasing an additional 48,586 shares in the last quarter. 37.56% of the stock is currently owned by institutional investors and hedge funds.

CompoSecure Company Profile

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.