Compass Target of Unusually Large Options Trading (NYSE:COMP)

Compass, Inc. (NYSE:COMP) was the recipient of some unusual options trading on Thursday. Stock traders bought 15,109 put options on the stock. This represents an increase of approximately 1,285% compared to the average volume of 1,091 put options.

Compass Trading Down 0.6 %

Compass stock opened at $3.24 on Friday. The company has a market capitalization of $1.59 billion, a PE ratio of -4.76 and a beta of 2.89. Compass has a 12 month low of $1.82 and a 12 month high of $4.49. The stock has a 50-day moving average price of $3.56 and a two-hundred day moving average price of $3.07.

Compass (NYSE:COMP) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.17) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.17). Compass had a negative return on equity of 70.51% and a negative net margin of 6.58%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the company earned ($0.36) earnings per share. As a group, analysts predict that Compass will post -0.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

COMP has been the topic of a number of recent analyst reports. Oppenheimer reissued an “outperform” rating and set a $6.00 target price (up from $5.50) on shares of Compass in a report on Wednesday, February 28th. Gordon Haskett lowered Compass from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $2.75 to $2.25 in a report on Wednesday, February 21st. UBS Group boosted their target price on Compass from $2.25 to $3.50 and gave the stock a “neutral” rating in a report on Friday, March 1st. Barclays boosted their target price on Compass from $2.50 to $4.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 5th. Finally, BTIG Research decreased their target price on Compass from $4.50 to $4.30 and set a “buy” rating on the stock in a report on Thursday, February 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $3.78.

About Compass

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.