Compass Minerals International, Inc. (NYSE:CMP) issued an update on its FY17 earnings guidance on Monday morning. The company provided EPS guidance of $2.50 to $2.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.57.
Shares of Compass Minerals International, Inc. (NYSE:CMP) opened at 66.25 on Tuesday. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 18.51 and a beta of 0.44. Compass Minerals International, Inc. has a 52-week low of $59.72 and a 52-week high of $84.40. The company has a 50-day moving average price of $66.49 and a 200-day moving average price of $66.49.
Compass Minerals International (NYSE:CMP) last posted its quarterly earnings data on Monday, October 30th. The basic materials company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.20). The firm had revenue of $290.70 million for the quarter, compared to analysts’ expectations of $323.76 million. Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. The firm’s revenue was up 61.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.27 EPS. On average, equities analysts anticipate that Compass Minerals International, Inc. will post $2.57 earnings per share for the current year.
A number of brokerages have commented on CMP. BidaskClub cut Compass Minerals International from a hold rating to a sell rating in a research report on Wednesday, August 9th. Credit Suisse Group set a $63.00 price target on Compass Minerals International and gave the stock a hold rating in a research report on Wednesday, August 9th. Zacks Investment Research lowered Compass Minerals International from a hold rating to a sell rating in a research note on Thursday, October 5th. J P Morgan Chase & Co raised Compass Minerals International from a neutral rating to an overweight rating and set a $70.00 price objective for the company in a research note on Monday, September 25th. Finally, Monness Crespi & Hardt raised Compass Minerals International from a neutral rating to a buy rating and set a $76.00 price objective for the company in a research note on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $73.60.
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Compass Minerals International Company Profile
Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.
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