CMP-$100.00 price target
Compass Minerals International Stock Rating Upgraded by KeyCorp
Compass Minerals International (NYSE:CMP) was upgraded by stock analysts at KeyCorp from a “hold” rating to a “buy” rating in a report issued on Monday. The firm currently has a $100.00 price target on the stock. KeyCorp’s target price would suggest a potential upside of 20.58% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at TheStreet upgraded shares of Compass Minerals International from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 28th. Finally, analysts at BB&T Corp. initiated coverage on shares of Compass Minerals International in a research note on Tuesday, October 21st. They set a “hold” rating on the stock. Four research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $94.14.
Compass Minerals International (NYSE:CMP) traded up 1.34% on Monday, hitting $82.93. The stock had a trading volume of 511,424 shares. Compass Minerals International has a 52 week low of $73.78 and a 52 week high of $97.50. The stock has a 50-day moving average of $86.68 and a 200-day moving average of $88.83. The company has a market cap of $2.785 billion and a P/E ratio of 14.11.
Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Monday, October 27th. The company reported $0.81 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.78 by $0.03. The company had revenue of $240.50 million for the quarter, compared to the consensus estimate of $225.80 million. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was up 30.2% on a year-over-year basis. On average, analysts predict that Compass Minerals International will post $4.35 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, December 15th. Investors of record on Monday, December 1st will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Wednesday, November 26th.