Assessing Whether Compass Inc (NYSE: COMP) Is Over- Or Undervalued

Parallel Advisors LLC has recently announced that it has increased stake in Compass Inc (NYSE:COMP) by 2.58%. After grabbing 7559.0 shares, the institutional investor is now in possession of 190.0 shares of the Real Estate Company. The new investment brought the stake of investor firm to 0.00% having worth around $0.0. Moreover, Vision2020 Wealth Management Corp increased its share by 381.0 to have a control over 2227.0 shares. And Glassman Wealth Services LLC raised its holdings to 442.0 shares by acquiring 724.0 shares or 0.00% of the stake.

Compass Inc (COMP) concluded trading on 12/27/23 at a closing price of $3.98, with 6.44 million shares of worth about $25.63 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.39% during that period and on Wednesday the price saw a gain of about 8.45%. Currently the company’s common shares owned by public are about 419.84M shares, out of which, 361.88M shares are available for trading.

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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 84 times over the past 12 months. They bought 1,965,370 shares in 48 of the transactions. In 36 selling transactions, insiders dumped 15,780,731 shares.

DFA US Micro Cap Portfolio, Fidelity Value Fund, and Fidelity Extended Market Index Fu are the top 3 mutual funds which are holding stakes in Compass Inc DFA US Micro Cap Portfolio is currently holding 0.64 million shares of worth totaling $0.0. The company recently came selling -0.41 million shares which brought its stake up to 0.00% of the company’s outstanding shares. Fidelity Extended Market Index Fu, after buying 1.77 million shares, have now control over 0.00% of the stake in the company. It holds 0.13 million shares of worth $0.0.

Compass Inc (NYSE: COMP) started trading at $3.68, above $0.01 from concluding price of the previous day. However, the stock later moved at a day high price of 3.9800, or with a gain of 8.45%. Stock saw a price change of 30.92% in past 5 days and over the past one month there was a price change of 85.12%. Year-to-date (YTD), COMP shares are showing a performance of 70.82% which increased to 76.89% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.82 but also hit the highest price of $5.16 during that period. The average intraday trading volume for Compass Inc shares is 4.09 million. The stock is currently trading 42.22% above its 20-day simple moving average (SMA20), while that difference is up 66.82% for SMA50 and it goes to 29.43% higher than SMA200.

Parallel Advisors LLC acquired 7559.0 shares of Compass Inc having value of about $0.0. Data submitted at the U.S SEC by Parallel Advisors LLC revealed that the firm now holds 190.0 shares in the company valued at close to $756.2, or have control over 2.58% stake in the company. Compass Inc (NYSE: COMP) currently have 419.84M outstanding shares and institutions hold larger chunk of about 37.11% of that. Holding of mutual funds in the company is about 0.00% while other institutional holders and individual stake holders have control over 0.00% and — of the stake respectively.

The stock has a current market capitalization of $2.00B and its 3Y-monthly beta is at 2.91. It has posted earnings per share of -$0.88 in the same period. It has Quick Ratio of 1.06 while making debt-to-equity ratio of 1.18. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COMP, volatility over the week remained 10.31% while standing at 8.61% over the month.

Analysts are in expectations that Compass Inc (COMP) stock would likely to be making an EPS of -$0.18 in the current quarter, while forecast for next quarter EPS is -$0.22 and it is -$0.32 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.19 which is -$0.17 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.36 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 50.95% while it is estimated to increase by 56.90% in next year.

Analysts at 9 brokerage firms have issued recommendations for the Compass Inc (COMP)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.11. Out of those 9 Wall Street analysts, 4 recommended a “Buy” rating, while 5 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Deutsche Bank on November 21, 2023 offering a Hold rating for the stock and assigned a target price of $2.70 to it.

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