Compass Target of Unusually Large Options Trading (NYSE:COMP)

Compass, Inc. (NYSE:COMP) was the recipient of some unusual options trading on Tuesday. Traders purchased 10,501 call options on the company. This is an increase of approximately 97% compared to the typical daily volume of 5,343 call options.

Analysts Set New Price Targets

A number of analysts recently commented on COMP shares. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Compass in a research note on Wednesday, May 6th. Barclays decreased their price target on shares of Compass from $15.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. UBS Group lowered their price target on shares of Compass from $17.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. BTIG Research set a $12.00 price objective on shares of Compass in a research report on Wednesday, April 15th. Finally, Morgan Stanley upped their price objective on shares of Compass from $11.00 to $12.50 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.62.

Insider Transactions at Compass

In other Compass news, CEO Robert L. Reffkin sold 23,456 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $7.69, for a total transaction of $180,376.64. Following the sale, the chief executive officer owned 7,804,660 shares in the company, valued at approximately $60,017,835.40. This represents a 0.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.85% of the company’s stock.

Compass Trading Up 2.1%

Compass stock traded up $0.26 during trading on Tuesday, hitting $12.26. The company’s stock had a trading volume of 8,643,863 shares, compared to its average volume of 17,636,506. The stock’s fifty day moving average is $8.59 and its 200 day moving average is $9.57. Compass has a 1-year low of $6.09 and a 1-year high of $13.95. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 612.85 and a beta of 2.43. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.84 and a current ratio of 0.84.

Compass (NYSE:COMP) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.20. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.67 billion. Compass had a return on equity of 1.11% and a net margin of 0.17%. As a group, equities research analysts predict that Compass will post 0.1 EPS for the current year.

About Compass

Compass, Inc is a technology-driven real estate brokerage firm that provides a full suite of services for home buyers, sellers and renters. Utilizing a proprietary software platform, the company equips its network of licensed real estate agents with data analytics, marketing automation and client relationship tools designed to enhance efficiency and transaction transparency.

Founded in 2012 by Ori Allon and Robert Reffkin, Compass has grown from a single office in New York City to serve more than 300 markets across the United States.