Compass Minerals International, Inc. (NYSE:CMP) insider Francis Joseph Malecha sold 1,572 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $63.21, for a total value of $99,366.12. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Compass Minerals International, Inc. (CMP) opened at $62.90 on Wednesday. The company has a market capitalization of $2,129.71, a P/E ratio of 50.28 and a beta of 0.69. Compass Minerals International, Inc. has a fifty-two week low of $56.50 and a fifty-two week high of $76.65. The company has a current ratio of 2.75, a quick ratio of 1.67 and a debt-to-equity ratio of 1.92.
Compass Minerals International (NYSE:CMP) last posted its earnings results on Tuesday, February 13th. The basic materials company reported $1.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.37 by $0.29. The company had revenue of $457.90 million during the quarter, compared to analyst estimates of $468.52 million. Compass Minerals International had a return on equity of 13.02% and a net margin of 3.13%. sell-side analysts predict that Compass Minerals International, Inc. will post 2.91 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 4.58%. The ex-dividend date of this dividend is Wednesday, February 28th. Compass Minerals International’s dividend payout ratio (DPR) is presently 230.40%.
Large investors have recently bought and sold shares of the company. SeaCrest Wealth Management LLC bought a new position in shares of Compass Minerals International during the fourth quarter valued at approximately $103,000. First PREMIER Bank bought a new position in Compass Minerals International in the 4th quarter worth approximately $115,000. CoreCommodity Management LLC bought a new position in Compass Minerals International in the 4th quarter worth approximately $167,000. Verity Asset Management Inc. bought a new position in Compass Minerals International in the 4th quarter worth approximately $205,000. Finally, Raymond James Financial Services Advisors Inc. bought a new position in Compass Minerals International in the 2nd quarter worth approximately $206,000.
Several analysts have issued reports on CMP shares. Zacks Investment Research cut Compass Minerals International from a “hold” rating to a “sell” rating in a research note on Monday, January 29th. Credit Suisse Group cut Compass Minerals International from a “neutral” rating to an “underperform” rating and upped their price objective for the company from $59.72 to $60.00 in a research note on Wednesday, February 14th. TheStreet cut Compass Minerals International from a “b” rating to a “c+” rating in a research note on Tuesday, February 13th. BMO Capital Markets cut their price objective on Compass Minerals International from $75.00 to $70.00 and set a “market perform” rating on the stock in a research note on Thursday, February 15th. Finally, Stifel Nicolaus lowered their target price on Compass Minerals International from $85.00 to $79.00 and set a “buy” rating for the company in a report on Friday, February 16th. Four equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $71.00.
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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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