Compass Minerals International, Inc. (NYSE:CMP) SVP Steven N. Berger sold 311 shares of the firm’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 transaction of $19,658.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Compass Minerals International, Inc. (NYSE CMP) traded up $0.35 during trading hours on Friday, hitting $60.65. 92,140 shares of the stock traded hands, compared to its average volume of 388,786. The company has a market cap of $2,072.20, a price-to-earnings ratio of 48.60 and a beta of 0.69. The company has a quick ratio of 1.67, a current ratio of 2.75 and a debt-to-equity ratio of 1.92. Compass Minerals International, Inc. has a 12 month low of $56.50 and a 12 month high of $76.65.
Compass Minerals International (NYSE:CMP) last released its quarterly earnings data on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.29. Compass Minerals International had a net margin of 3.13% and a return on equity of 13.02%. The company had revenue of $457.90 million during the quarter, compared to analyst estimates of $468.52 million. equities research analysts anticipate that Compass Minerals International, Inc. will post 3.11 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Thursday, March 1st were given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 4.75%. The ex-dividend date of this dividend was Wednesday, February 28th. Compass Minerals International’s payout ratio is currently 230.40%.
Several research firms have issued reports on CMP. ValuEngine lowered shares of Compass Minerals International from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Zacks Investment Research lowered shares of Compass Minerals International from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 21st. Stifel Nicolaus lowered their price target on shares of Compass Minerals International from $85.00 to $79.00 and set a “buy” rating for the company in a report on Friday, February 16th. Credit Suisse Group restated an “underperform” rating on shares of Compass Minerals International in a report on Thursday, February 15th. Finally, 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 for the company in a report on Thursday, February 15th. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $71.00.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. SeaCrest Wealth Management LLC acquired a new stake in Compass Minerals International in the 4th quarter valued at $103,000. First PREMIER Bank acquired a new stake in Compass Minerals International in the 4th quarter valued at $115,000. CoreCommodity Management LLC acquired a new stake in Compass Minerals International in the 4th quarter valued at $167,000. Verity Asset Management Inc. acquired a new stake in Compass Minerals International in the 4th quarter valued at $205,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in Compass Minerals International during the 2nd quarter worth $206,000.
WARNING: This piece was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this piece on another site, it was copied illegally and republished in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2018/03/23/compass-minerals-international-inc-cmp-svp-sells-19658-31-in-stock.html.
About Compass Minerals International
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.
Receive News & Ratings for Compass Minerals International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Minerals International and related companies with MarketBeat.com's FREE daily email newsletter.