Compass Minerals International (CMP) PT Lowered to $79.00

Compass Minerals International (NYSE:CMP) had its price target dropped by Stifel Nicolaus from $85.00 to $79.00 in a research report issued on Friday, Marketbeat reports. The firm presently has a “buy” rating on the basic materials company’s stock. Stifel Nicolaus’ price objective points to a potential upside of 25.80% from the company’s previous close.

CMP has been the topic of several other research reports. BMO Capital Markets lowered their price target on shares of Compass Minerals International from $75.00 to $70.00 and set a “market perform” rating on the stock in a research report on Thursday. TheStreet lowered shares of Compass Minerals International from a “b” rating to a “c+” rating in a research report on Tuesday, February 13th. Credit Suisse Group reissued an “underperform” rating on shares of Compass Minerals International in a research report on Thursday. Finally, Zacks Investment Research raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Tuesday, February 13th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Compass Minerals International currently has a consensus rating of “Hold” and an average target price of $71.00.

Compass Minerals International (NYSE:CMP) opened at $62.80 on Friday. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.75 and a quick ratio of 1.18. The firm has a market cap of $2,131.13, a PE ratio of 50.24 and a beta of 0.55. Compass Minerals International has a 52 week low of $59.72 and a 52 week high of $79.45.

Compass Minerals International (NYSE:CMP) last released its earnings results on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.37 by $0.29. The firm had revenue of $457.90 million for the quarter, compared to analysts’ expectations of $468.52 million. Compass Minerals International had a net margin of 3.13% and a return on equity of 13.02%. equities research analysts anticipate that Compass Minerals International will post 3.2 EPS for the current year.

A number of institutional investors have recently bought and sold shares of CMP. OppenheimerFunds Inc. increased its holdings in Compass Minerals International by 28.6% during the 4th quarter. OppenheimerFunds Inc. now owns 1,912,663 shares of the basic materials company’s stock worth $138,190,000 after acquiring an additional 425,753 shares during the period. Janus Henderson Group PLC increased its holdings in Compass Minerals International by 32.2% during the 3rd quarter. Janus Henderson Group PLC now owns 1,486,825 shares of the basic materials company’s stock worth $96,495,000 after acquiring an additional 361,985 shares during the period. State Street Corp increased its holdings in Compass Minerals International by 23.3% during the 2nd quarter. State Street Corp now owns 1,615,191 shares of the basic materials company’s stock worth $105,474,000 after acquiring an additional 305,111 shares during the period. River Road Asset Management LLC increased its holdings in Compass Minerals International by 19.6% during the 3rd quarter. River Road Asset Management LLC now owns 871,528 shares of the basic materials company’s stock worth $56,562,000 after acquiring an additional 142,884 shares during the period. Finally, Deprince Race & Zollo Inc. increased its holdings in Compass Minerals International by 19.4% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 692,832 shares of the basic materials company’s stock worth $44,965,000 after acquiring an additional 112,783 shares during the period.

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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.

Analyst Recommendations for Compass Minerals International (NYSE:CMP)

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