Compass Minerals International, Inc. (NYSE:CMP) has received a consensus recommendation of “Hold” from the eight brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $73.00.

A number of research analysts have recently commented on CMP shares. Stifel Nicolaus reiterated a “buy” rating and issued a $84.00 price target on shares of Compass Minerals International in a research note on Thursday, September 21st. Zacks Investment Research cut Compass Minerals International from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. BidaskClub upgraded Compass Minerals International from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 23rd. J P Morgan Chase & Co upgraded Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 price target for the company in a research note on Monday, September 25th. Finally, Credit Suisse Group set a $63.00 price target on Compass Minerals International and gave the company a “hold” rating in a research note on Wednesday, August 9th.

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Compass Minerals International (NYSE CMP) traded up 0.78% during midday trading on Thursday, hitting $64.90. The stock had a trading volume of 434,719 shares. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 18.13 and a beta of 0.46. Compass Minerals International has a 1-year low of $59.72 and a 1-year high of $84.40. The company has a 50-day moving average of $67.05 and a 200-day moving average of $67.16.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings results on Monday, August 7th. The basic materials company reported ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.12). Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. The firm had revenue of $228.00 million during the quarter, compared to the consensus estimate of $261.13 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The firm’s revenue was up 34.5% on a year-over-year basis. Equities research analysts forecast that Compass Minerals International will post $2.79 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were issued a $0.72 dividend. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $2.88 dividend on an annualized basis and a yield of 4.44%. Compass Minerals International’s payout ratio is 80.45%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. increased its holdings in Compass Minerals International by 22.8% in the second quarter. BlackRock Inc. now owns 3,532,489 shares of the basic materials company’s stock valued at $230,671,000 after purchasing an additional 656,762 shares during the period. Vanguard Group Inc. increased its holdings in Compass Minerals International by 1.4% in the second quarter. Vanguard Group Inc. now owns 3,040,104 shares of the basic materials company’s stock valued at $198,519,000 after purchasing an additional 41,002 shares during the period. State Street Corp increased its holdings in Compass Minerals International by 23.3% in the second quarter. State Street Corp now owns 1,615,191 shares of the basic materials company’s stock valued at $105,474,000 after purchasing an additional 305,111 shares during the period. Janus Henderson Group PLC acquired a new stake in Compass Minerals International in the second quarter valued at $73,452,000. Finally, Morningstar Investment Services LLC increased its holdings in Compass Minerals International by 28.3% in the second quarter. Morningstar Investment Services LLC now owns 1,065,984 shares of the basic materials company’s stock valued at $69,609,000 after purchasing an additional 235,138 shares during the period.

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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