Compass Minerals International, Inc. (CMP) Given Consensus Rating of “Hold” by Analysts

Shares of Compass Minerals International, Inc. (NYSE:CMP) have earned a consensus rating of “Hold” from the six analysts that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $61.27.

A number of research analysts recently weighed in on the company. Zacks Investment Research downgraded Compass Minerals International from a “hold” rating to a “strong sell” rating in a research note on Monday. ValuEngine raised Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Friday, February 15th. Finally, Credit Suisse Group downgraded Compass Minerals International from a “neutral” rating to an “underperform” rating and set a $48.06 price target on the stock. in a research note on Sunday, December 2nd.

CMP stock traded up $0.12 during trading on Thursday, reaching $51.62. 270,855 shares of the stock were exchanged, compared to its average volume of 372,856. Compass Minerals International has a twelve month low of $38.19 and a twelve month high of $71.25. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.60 and a current ratio of 2.55. The company has a market cap of $1.74 billion, a P/E ratio of 26.75 and a beta of 1.34.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Monday, February 11th. The basic materials company reported $1.41 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.38). Compass Minerals International had a return on equity of 11.49% and a net margin of 4.61%. The firm had revenue of $486.50 million for the quarter, compared to analyst estimates of $501.10 million. Equities analysts predict that Compass Minerals International will post 2.47 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 1st will be paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.58%. The ex-dividend date of this dividend is Thursday, February 28th. Compass Minerals International’s dividend payout ratio (DPR) is presently 149.22%.

Institutional investors have recently modified their holdings of the company. Enlightenment Research LLC purchased a new stake in shares of Compass Minerals International in the fourth quarter worth approximately $25,000. First Mercantile Trust Co. purchased a new stake in shares of Compass Minerals International in the fourth quarter worth approximately $66,000. ERTS Wealth Advisors LLC purchased a new stake in shares of Compass Minerals International in the fourth quarter worth approximately $92,000. ETF Managers Group LLC raised its stake in shares of Compass Minerals International by 19.4% in the fourth quarter. ETF Managers Group LLC now owns 2,229 shares of the basic materials company’s stock worth $93,000 after purchasing an additional 362 shares during the last quarter. Finally, Dupont Capital Management Corp purchased a new stake in shares of Compass Minerals International in the fourth quarter worth approximately $93,000. 94.82% of the stock is owned by hedge funds and other institutional investors.

Compass Minerals International Company Profile

Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.

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