Composecure (NYSE:GPGI – Get Free Report) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.
Several other analysts have also recently issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Composecure in a research note on Tuesday, September 8th. Wall Street Zen upgraded Composecure from a “strong sell” rating to a “hold” rating in a report on Saturday, August 8th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $15.00.
Check Out Our Latest Research Report on GPGI
Composecure Trading Up 9.7%
GPGI stock opened at $12.81 on Tuesday. The firm’s 50-day moving average price is $12.49 and its two-hundred day moving average price is $13.91. Composecure has a 12-month low of $10.43 and a 12-month high of $26.50. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of -6.50 and a beta of 0.93.
Composecure (NYSE:GPGI – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.14 by $0.03. Equities analysts predict that Composecure will post 0.93 EPS for the current year.
Composecure Company Profile
CompoSecure, Inc designs and manufactures premium metal payment cards and related financial technology products. Its offerings are used by banks, credit-card issuers, fintech companies and other brands seeking to provide differentiated card experiences.
The company also develops Arculus, a digital asset security platform that includes a hardware wallet and related authentication technology. Arculus is designed to help users securely store and manage digital assets while supporting passwordless identity and access applications.
CompoSecure was founded in 2000 and is headquartered in Somerset, New Jersey.
Further Reading
- Five stocks we like better than Composecure
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Composecure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Composecure and related companies with MarketBeat.com's FREE daily email newsletter.
