Equities analysts expect that Compass Minerals International, Inc. (NYSE:CMP) will post $471.37 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for Compass Minerals International’s earnings, with the lowest sales estimate coming in at $459.43 million and the highest estimate coming in at $483.30 million. Compass Minerals International posted sales of $443.20 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 6.4%. The company is scheduled to announce its next quarterly earnings report on Wednesday, February 14th.

According to Zacks, analysts expect that Compass Minerals International will report full-year sales of $471.37 million for the current year, with estimates ranging from $1.36 billion to $1.51 billion. For the next year, analysts anticipate that the firm will post sales of $1.49 billion per share, with estimates ranging from $1.39 billion to $1.56 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that cover Compass Minerals International.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Monday, October 30th. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.20). The company had revenue of $290.70 million during the quarter, compared to analysts’ expectations of $323.76 million. Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. Compass Minerals International’s revenue for the quarter was up 61.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS.

Several equities analysts have recently issued reports on CMP shares. BidaskClub raised Compass Minerals International from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 23rd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $84.00 price target on shares of Compass Minerals International in a research report on Wednesday, November 1st. Credit Suisse Group set a $63.00 price target on Compass Minerals International and gave the stock a “hold” rating in a research report on Wednesday, August 9th. Monness Crespi & Hardt raised Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price target for the company in a research report on Monday, October 2nd. Finally, Zacks Investment Research lowered Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $73.60.

Compass Minerals International (NYSE:CMP) traded up $0.25 on Friday, hitting $66.05. The stock had a trading volume of 381,900 shares, compared to its average volume of 348,370. The company has a current ratio of 2.52, a quick ratio of 1.18 and a debt-to-equity ratio of 1.70. The stock has a market cap of $2,234.27, a price-to-earnings ratio of 27.07 and a beta of 0.49. Compass Minerals International has a 12-month low of $59.72 and a 12-month high of $84.40.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Thursday, November 30th. Compass Minerals International’s dividend payout ratio (DPR) is 67.76%.

A number of large investors have recently modified their holdings of CMP. JPMorgan Chase & Co. raised its position in Compass Minerals International by 70.0% in the 1st quarter. JPMorgan Chase & Co. now owns 11,233 shares of the basic materials company’s stock worth $762,000 after buying an additional 4,626 shares during the last quarter. Prudential Financial Inc. raised its position in Compass Minerals International by 7.0% in the 1st quarter. Prudential Financial Inc. now owns 20,889 shares of the basic materials company’s stock worth $1,417,000 after buying an additional 1,360 shares during the last quarter. Legal & General Group Plc raised its position in Compass Minerals International by 55.6% in the 1st quarter. Legal & General Group Plc now owns 32,935 shares of the basic materials company’s stock worth $2,234,000 after buying an additional 11,770 shares during the last quarter. Thrivent Financial For Lutherans raised its position in Compass Minerals International by 9.3% in the 1st quarter. Thrivent Financial For Lutherans now owns 6,320 shares of the basic materials company’s stock worth $429,000 after buying an additional 540 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Compass Minerals International by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 2,999,102 shares of the basic materials company’s stock worth $203,488,000 after buying an additional 56,469 shares during the last quarter.

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About Compass Minerals International

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.

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Earnings History and Estimates for Compass Minerals International (NYSE:CMP)

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