Compass (NYSE:COMP) Announces Earnings Results, Beats Estimates By $0.02 EPS

Compass (NYSE:COMP) issued its quarterly earnings results on Tuesday. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02, Zacks reports. Compass had a negative return on equity of 49.45% and a negative net margin of 3.70%. During the same period last year, the firm earned ($0.09) EPS. Compass updated its Q1 2025 guidance to EPS.

Compass Trading Up 0.4 %

NYSE:COMP opened at $7.97 on Wednesday. Compass has a 12-month low of $2.89 and a 12-month high of $8.00. The stock has a fifty day moving average price of $6.64 and a 200 day moving average price of $6.17.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on COMP shares. Barclays boosted their price target on shares of Compass from $6.00 to $7.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group upped their price target on Compass from $7.00 to $8.00 and gave the company a “buy” rating in a research report on Tuesday, December 3rd. Oppenheimer boosted their price objective on Compass from $8.50 to $9.50 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Needham & Company LLC reiterated a “buy” rating and set a $10.00 price target on shares of Compass in a report on Thursday, January 16th. Finally, UBS Group raised shares of Compass from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $7.00 to $11.00 in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $7.65.

Insider Activity

In other Compass news, CEO Robert L. Reffkin sold 49,316 shares of Compass stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $5.91, for a total transaction of $291,457.56. Following the transaction, the chief executive officer now owns 2,950,684 shares of the company’s stock, valued at $17,438,542.44. The trade was a 1.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $6.33, for a total transaction of $63,300,000.00. Following the transaction, the insider now directly owns 58,070,273 shares in the company, valued at $367,584,828.09. The trade was a 14.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,728,326 shares of company stock worth $74,520,082. Corporate insiders own 6.25% of the company’s stock.

Compass Company Profile

Compass, Inc provides real estate brokerage services in the United States. It operates a cloud-based platform that provides an integrated suite of software for customer relationship management, marketing, client service, operations, and other functionality in the real estate industry. The company offers mobile apps that allow agents to manage their business anytime and anywhere, as well as designs consumer-grade user interfaces, automated and simplified workflows for agent-client interactions, and insight-rich dashboards and reports.