Compass Minerals International Inc [CMP] stock prices are up 0.58% to $12.12 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CMP shares have gain 5.48% over the last week, with a monthly amount glided 3.32%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Compass Minerals International Inc [NYSE: CMP] stock has seen the most recent analyst activity on April 26, 2024, when Loop Capital upgraded its rating to a Buy and also revised its price target to $23 from $26. Previously, Loop Capital downgraded its rating to Hold on March 04, 2024, and dropped its price target to $26. On November 20, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $24 on the stock. BTIG Research started tracking the stock assigning a Neutral rating. Loop Capital initiated its recommendation with a Buy and recommended $58 as its price target on July 17, 2023. JP Morgan downgraded its rating to Underweight for this stock on February 10, 2022, and downed its price target to $52. In a note dated December 15, 2021, Goldman upgraded an Neutral rating on this stock but restated the target price of $51.
The stock price of Compass Minerals International Inc [CMP] has been fluctuating between $7.51 and $23.59 over the past year. Currently, Wall Street analysts expect the stock to reach $23.5 within the next 12 months. Compass Minerals International Inc [NYSE: CMP] shares were valued at $12.12 at the most recent close of the market. An investor can expect a potential return of 93.89% based on the average CMP price forecast.
Analyzing the CMP fundamentals
The Compass Minerals International Inc [NYSE:CMP] reported sales of 1.12B for trailing twelve months, representing a drop of -10.62%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.74 points at the first support level, and at 11.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.63, and for the 2nd resistance point, it is at 13.14.
Ratios To Look Out For
It’s worth pointing out that Compass Minerals International Inc [NYSE:CMP]’s Current Ratio is 2.71. Further, the Quick Ratio stands at 0.80, while the Cash Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 1.58.
