Composecure (NYSE:GPGI) Upgraded at Zacks Research

Zacks Research upgraded shares of Composecure (NYSE:GPGI) from a hold rating to a strong-buy rating in a report released on Monday,Zacks reports.

Several other equities analysts have also recently commented on GPGI. Weiss Ratings reiterated a “sell (d-)” rating on shares of Composecure in a research note on Tuesday, September 8th. Wall Street Zen upgraded shares of Composecure from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Composecure has an average rating of “Moderate Buy” and a consensus target price of $15.00.

Composecure Stock Down 3.2%

GPGI opened at $12.75 on Monday. The stock’s 50 day moving average price is $13.16 and its two-hundred day moving average price is $14.16. The firm has a market capitalization of $3.70 billion, a P/E ratio of -6.47 and a beta of 0.89. Composecure has a 12-month low of $11.16 and a 12-month high of $26.78.

Composecure (NYSE:GPGI) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. As a group, analysts anticipate that Composecure will post 0.93 earnings per share for the current year.

Composecure Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a dividend of $0.0025 per share. The ex-dividend date was Monday, August 17th. This represents a $0.01 dividend on an annualized basis and a yield of 0.1%. Composecure’s payout ratio is currently -0.51%.

Composecure Company Profile

CompoSecure, Inc manufactures and designs metal, plastic, composite ID, 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 comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.