Compass Minerals International (CMP) Updates FY18 Earnings Guidance

Compass Minerals International (NYSE:CMP) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $2.75 to $3.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.54.

Shares of Compass Minerals International (NYSE CMP) opened at $69.25 on Wednesday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.18 and a current ratio of 2.52. The firm has a market capitalization of $2,340.00, a PE ratio of 16.29 and a beta of 0.54. Compass Minerals International has a one year low of $59.72 and a one year high of $80.40.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.37 by $0.29. The business had revenue of $457.90 million for the quarter, compared to the consensus estimate of $468.52 million. Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. equities research analysts forecast that Compass Minerals International will post 2.56 earnings per share for the current year.

Several analysts have weighed in on CMP shares. TheStreet upgraded Compass Minerals International from a c+ rating to a b rating in a research note on Thursday, November 30th. Stifel Nicolaus restated a buy rating and issued a $84.00 target price on shares of Compass Minerals International in a research note on Wednesday, November 1st. Finally, Zacks Investment Research upgraded Compass Minerals International from a sell rating to a hold rating in a research note on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of $73.60.

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Compass Minerals International Company Profile

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

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