Compass (NYSE:COMP) Shares Up 7.6%

Compass, Inc. (NYSE:COMP) rose 7.6% during mid-day trading on Friday . The stock traded as high as $3.48 and last traded at $3.41. Approximately 3,428,124 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 4,554,477 shares. The stock had previously closed at $3.17.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on COMP shares. Needham & Company LLC reiterated a “buy” rating and issued a $5.00 price target on shares of Compass in a report on Wednesday, February 28th. Gordon Haskett lowered Compass from a “hold” rating to an “underperform” rating and decreased their price objective for the company from $2.75 to $2.25 in a report on Wednesday, February 21st. BTIG Research reduced their target price on Compass from $4.50 to $4.30 and set a “buy” rating on the stock in a research report on Thursday, February 29th. Oppenheimer reissued an “outperform” rating and issued a $6.00 price target (up previously from $5.50) on shares of Compass in a report on Wednesday, February 28th. Finally, Barclays upped their price objective on shares of Compass from $2.50 to $4.00 and gave the company an “equal weight” rating in a report on Tuesday, March 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $3.78.

Compass Price Performance

The firm has a fifty day simple moving average of $3.48 and a 200 day simple moving average of $3.12. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of -4.96 and a beta of 2.87.

Compass (NYSE:COMP) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.17) EPS for the quarter, meeting the consensus estimate of ($0.17). The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.14 billion. Compass had a negative return on equity of 70.51% and a negative net margin of 6.58%. During the same period in the prior year, the company earned ($0.36) EPS. Research analysts predict that Compass, Inc. will post -0.32 EPS for the current year.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.