Compass (NYSE:COMP) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Compass (NYSE:COMP) released its quarterly earnings results on Tuesday. The company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02, Zacks reports. Compass had a negative return on equity of 39.72% and a negative net margin of 2.74%. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the prior year, the firm earned ($0.09) earnings per share. Compass updated its Q1 2025 guidance to EPS.

Compass Price Performance

Shares of Compass stock opened at $10.17 on Thursday. Compass has a 1 year low of $2.89 and a 1 year high of $10.25. The company’s fifty day moving average is $6.70 and its two-hundred day moving average is $6.20.

Insiders Place Their Bets

In related news, major shareholder Excalibur (Cayman) Ltd Svf sold 10,000,000 shares of Compass 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 completion of the transaction, the insider now directly owns 58,070,273 shares of the company’s stock, valued at approximately $367,584,828.09. The trade was a 14.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Robert L. Reffkin sold 804,893 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $5.91, for a total transaction of $4,756,917.63. Following the transaction, the chief executive officer now directly owns 2,145,791 shares of the company’s stock, valued at approximately $12,681,624.81. This trade represents a 27.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,503,816 shares of company stock valued at $99,574,208. 6.25% of the stock is owned by company insiders.

Analyst Ratings Changes

COMP has been the subject of several research reports. Morgan Stanley lifted their target price on Compass from $6.00 to $8.50 and gave the company an “equal weight” rating in a research report on Wednesday. Needham & Company LLC increased their target price on shares of Compass from $10.00 to $12.00 and gave the stock a “buy” rating in a report on Wednesday. The Goldman Sachs Group boosted their price target on shares of Compass from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Wednesday. UBS Group increased their price objective on Compass from $11.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Oppenheimer lifted their target price on Compass from $12.00 to $13.00 and gave the company an “outperform” rating in a report on Wednesday. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Compass has a consensus rating of “Moderate Buy” and a consensus price target of $8.69.

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.