Compass Minerals International: Ratings and Price Target Update



Compass Minerals International

Compass Minerals International (CMP) also reported its earnings earlier this month on May 1. The company reported EPS (earnings per share) of $0.37, which beat analysts’ estimate of $0.36. The company’s stock is trading almost 3.5% higher since the company reported its earnings. On May 9, the company also declared a dividend of $0.72, and the company now has a dividend yield of 4.2% on an annualized basis.

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Analyst ratings

The current consensus mean rating on CMP stands at 2.4, representing no change in sentiment towards the stock month-over-month. Sociedad Química y Minera de Chile (SQM) and CF Industries (CF), two of the other stocks (XLB) we’ve discussed in this series so far, also saw their ratings remain unchanged.

As we see in the above chart, three analysts continue to have a “strong buy” recommendation in the current month, while one analyst has maintained a “buy” recommendation month-over-month. Also, two analysts have maintained a “hold” recommendation, and two analysts have maintained a “sell” recommendation on Compass Minerals International for the next 12 months.

Price target

The current consensus mean price target for CMP increased month-over-month to $71.8 from $70.6 a month ago, while the consensus median price target increased to $73.5 from $72 a month ago. On May 10, the stock closed at $69, which means a 4% upside to the mean price target.


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