Compass Minerals International Inc (NYSE:CMP) price on Friday, April 11, rose 4.68% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $10.74.
A look at the stock’s price movement, the close in the last trading session was $10.26, moving within a range at $10.22 and $10.84. The beta value (5-Year monthly) was 1.571. Turning to its 52-week performance, $15.82 and $7.51 were the 52-week high and 52-week low respectively. Overall, CMP moved 7.40% over the past month.
Compass Minerals International Inc’s market cap currently stands at around $445.75 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-09.
Analysts have a consensus estimate of 413.96M for the company’s revenue for the quarter, with a low and high estimate of 386.4M and 438M respectively. The average forecast suggests up to a 13.72% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.16B, representing a 3.86% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CMP is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend CMP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CMP’s current price about 8.63% and 0.99% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.58, while 7-day volatility ratio is 8.01% and 6.13% in the 30-day chart. Further, Compass Minerals International Inc (CMP) has a beta value of 0.91, and an average true range (ATR) of 0.62. Analysts have given the company’s stock an average 52-week price target of $21.5, forecast between a low of $15 and high of $36. Looking at the price targets, the low is -39.66% off current price level while to achieve the yearly target high, price needs to move -235.2%. Nonetheless, investors will most likely welcome a -100.19% jump to $21.5 which is the analysts’ median price.
If we refocus on Compass Minerals International Inc (NYSE:CMP), historical trading data shows that trading volumes averaged 0.75 over the past 10 days and 623.24K over the past 3 months. The company’s latest data on shares outstanding shows there are 41.47 million shares.
The 18.96% of Compass Minerals International Inc’s shares are in the hands of company insiders while institutional holders own 79.20% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.3 million on 2025-03-14, giving us a short ratio of 3.66. The data shows that as of 2025-03-14 short interest in Compass Minerals International Inc (CMP) stood at 930.0000000000001 of shares outstanding, with shares short rising to 2.06 million registered in 2025-02-14. Current price change has pushed the stock -4.53% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CMP stock continues to rise going into the next quarter.
