Brokers Set Expectations for Compass Minerals International, Inc.’s Q1 2018 Earnings (NYSE:CMP)

Compass Minerals International, Inc. (NYSE:CMP) – KeyCorp issued their Q1 2018 earnings per share (EPS) estimates for Compass Minerals International in a research report issued on Tuesday, according to Zacks Investment Research. KeyCorp analyst M. Sison expects that the basic materials company will earn $0.83 per share for the quarter. KeyCorp also issued estimates for Compass Minerals International’s Q2 2018 earnings at $0.07 EPS, Q3 2018 earnings at $0.84 EPS and Q4 2018 earnings at $1.46 EPS.

CMP has been the topic of several other reports. Zacks Investment Research upgraded Compass Minerals International from a “sell” rating to a “hold” rating in a report on Tuesday, January 2nd. Stifel Nicolaus reiterated a “buy” rating and set a $84.00 target price on shares of Compass Minerals International in a report on Wednesday, November 1st. Finally, TheStreet upgraded Compass Minerals International from a “c+” rating to a “b” rating in a report on Thursday, November 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $73.60.

Shares of Compass Minerals International (CMP) traded up $1.45 during trading on Friday, hitting $68.70. The company had a trading volume of 555,328 shares, compared to its average volume of 336,434. The company has a current ratio of 2.52, a quick ratio of 1.18 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $2,320.00, a PE ratio of 16.16 and a beta of 0.54. Compass Minerals International has a twelve month low of $59.72 and a twelve month high of $81.00.

Institutional investors have recently modified their holdings of the company. Griffin Asset Management Inc. bought a new stake in shares of Compass Minerals International in the third quarter valued at about $1,298,000. Victory Capital Management Inc. lifted its holdings in shares of Compass Minerals International by 6.4% in the third quarter. Victory Capital Management Inc. now owns 729,200 shares of the basic materials company’s stock valued at $47,325,000 after purchasing an additional 43,765 shares in the last quarter. Kornitzer Capital Management Inc. KS lifted its holdings in shares of Compass Minerals International by 3.8% in the third quarter. Kornitzer Capital Management Inc. KS now owns 274,360 shares of the basic materials company’s stock valued at $17,806,000 after purchasing an additional 10,050 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Compass Minerals International by 50.0% in the second quarter. Royal Bank of Canada now owns 82,006 shares of the basic materials company’s stock valued at $5,355,000 after purchasing an additional 27,348 shares in the last quarter. Finally, BB&T Securities LLC lifted its holdings in shares of Compass Minerals International by 8.8% in the third quarter. BB&T Securities LLC now owns 222,417 shares of the basic materials company’s stock valued at $14,434,000 after purchasing an additional 17,899 shares in the last quarter.

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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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