CompoSecure, Inc. (NASDAQ:CMPO) Given Average Rating of “Moderate Buy” by Brokerages

CompoSecure, Inc. (NASDAQ:CMPO) has received an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $16.81.

CMPO has been the topic of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $16.00 target price on shares of CompoSecure in a research note on Monday, November 11th. B. Riley lifted their target price on shares of CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. TD Cowen started coverage on shares of CompoSecure in a research note on Wednesday, December 18th. They set a “buy” rating and a $20.00 target price on the stock. Benchmark reiterated a “buy” rating and set a $17.00 price target on shares of CompoSecure in a research report on Tuesday, November 12th. Finally, JPMorgan Chase & Co. lifted their price target on shares of CompoSecure from $12.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, December 2nd.

Insider Activity at CompoSecure

In related news, COO Gregoire Maes sold 55,137 shares of CompoSecure stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $16.40, for a total value of $904,246.80. Following the completion of the transaction, the chief operating officer now owns 762,009 shares in the company, valued at approximately $12,496,947.60. The trade was a 6.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Adam Joseph Lowe sold 66,350 shares of CompoSecure stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $15.91, for a total transaction of $1,055,628.50. Following the completion of the transaction, the insider now owns 1,358,692 shares of the company’s stock, valued at $21,616,789.72. This trade represents a 4.66 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 180,660 shares of company stock worth $2,921,066. Corporate insiders own 74.99% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CMPO. Tyro Capital Management LLC acquired a new position in CompoSecure during the 3rd quarter worth approximately $27,978,000. Woodson Capital Management LP acquired a new position in CompoSecure during the 3rd quarter worth approximately $10,795,000. Concentric Capital Strategies LP acquired a new position in CompoSecure during the 3rd quarter worth approximately $5,445,000. Progeny 3 Inc. acquired a new position in CompoSecure during the 3rd quarter worth approximately $5,243,000. Finally, Rice Hall James & Associates LLC acquired a new position in CompoSecure during the 3rd quarter worth approximately $3,766,000. Institutional investors and hedge funds own 37.56% of the company’s stock.

CompoSecure Price Performance

Shares of CMPO stock opened at $15.92 on Friday. The firm’s 50-day moving average is $15.56 and its two-hundred day moving average is $13.71. CompoSecure has a 12 month low of $4.61 and a 12 month high of $17.03. The company has a market capitalization of $1.40 billion, a PE ratio of -36.18, a price-to-earnings-growth ratio of 2.51 and a beta of 0.78.

CompoSecure (NASDAQ:CMPO) last issued its earnings results on Friday, November 8th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.02). CompoSecure had a negative return on equity of 14.87% and a negative net margin of 5.63%. The firm had revenue of $107.14 million for the quarter, compared to analysts’ expectations of $105.11 million. During the same period last year, the firm earned $0.24 earnings per share. Sell-side analysts forecast that CompoSecure will post 1.02 EPS for the current year.

About CompoSecure

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.