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

Compass Inc (COMP) concluded trading on Wednesday at a closing price of $3.34, with 2.9 million shares of worth about $9.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 53.21% during that period and on April 17, 2024 the price saw a loss of about -3.19%. Currently the company’s common shares owned by public are about 465.63M shares, out of which, 364.05M shares are available for trading.

However, the stock later moved at a day high price of 3.7100, or with a loss of -3.19%. Stock saw a price change of -7.22% in past 5 days and over the past one month there was a price change of 9.15%. Year-to-date (YTD), COMP shares are showing a performance of -11.17% which increased to 4.70% 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 $4.49 during that period. The average intraday trading volume for Compass Inc shares is 4.96 million. The stock is currently trading -5.41% below its 20-day simple moving average (SMA20), while that difference is down -6.80% for SMA50 and it goes to 4.20% higher than SMA200.

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Compass Inc (NYSE: COMP) currently have 465.63M outstanding shares and institutions hold larger chunk of about 40.78% of that.

The stock has a current market capitalization of $1.62B and its 3Y-monthly beta is at 2.84. It has posted earnings per share of -$0.69 in the same period. It has Quick Ratio of 0.96 while making debt-to-equity ratio of 1.25. 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 7.50% while standing at 6.48% over the month.

Stock’s fiscal year EPS is expected to rise by 57.98% while it is estimated to increase by 95.53% in next year.

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 Gordon Haskett on February 21, 2024 offering an Underperform rating for the stock and assigned a target price range of between $2.75 and $2.25 to it. Coverage by Deutsche Bank stated Compass Inc (COMP) stock as a Hold in their note to investors on November 21, 2023, suggesting a price target of $2.70 for the stock. On July 24, 2023, Morgan Stanley Resumed their recommendations, while on July 24, 2023, Needham Reiterated their ratings for the stock with a price target of $5.50. Stock get a Hold rating from Gordon Haskett on July 19, 2023.

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