Compass Minerals International (CMP) Rating Reiterated by Credit Suisse Group

Credit Suisse Group reiterated their underperform rating on shares of Compass Minerals International (NYSE:CMP) in a research report report published on Thursday morning.

A number of other research analysts have also recently weighed in on the stock. Zacks Investment Research upgraded shares of Compass Minerals International from a sell rating to a hold rating in a research note on Tuesday, January 2nd. TheStreet upgraded shares of Compass Minerals International from a c+ rating to a b rating in a research note on Thursday, November 30th. Stifel Nicolaus reiterated a buy rating and issued a $84.00 target price on shares of Compass Minerals International in a research note on Wednesday, November 1st. Finally, BMO Capital Markets dropped their target price on shares of Compass Minerals International from $75.00 to $70.00 and set a market perform rating on the stock in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Compass Minerals International currently has a consensus rating of Hold and an average price target of $71.00.

Compass Minerals International (NYSE:CMP) opened at $62.80 on Thursday. The company has a debt-to-equity ratio of 1.92, a current ratio of 2.75 and a quick ratio of 1.67. The firm has a market cap of $2,124.37, a PE ratio of 22.84 and a beta of 0.55. Compass Minerals International has a 52 week low of $59.72 and a 52 week high of $78.95.

Compass Minerals International (NYSE:CMP) last released its earnings results on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.37 by $0.29. The firm had revenue of $457.90 million for the quarter, compared to analysts’ expectations of $468.52 million. Compass Minerals International had a net margin of 3.13% and a return on equity of 13.02%. equities research analysts anticipate that Compass Minerals International will post 2.85 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date is Wednesday, February 28th. Compass Minerals International’s payout ratio is currently 230.40%.

Several hedge funds have recently made changes to their positions in CMP. OppenheimerFunds Inc. lifted its stake in shares of Compass Minerals International by 28.6% during the 4th quarter. OppenheimerFunds Inc. now owns 1,912,663 shares of the basic materials company’s stock valued at $138,190,000 after buying an additional 425,753 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of Compass Minerals International by 32.2% during the 3rd quarter. Janus Henderson Group PLC now owns 1,486,825 shares of the basic materials company’s stock valued at $96,495,000 after buying an additional 361,985 shares in the last quarter. State Street Corp lifted its stake in shares of Compass Minerals International by 23.3% during the 2nd quarter. State Street Corp now owns 1,615,191 shares of the basic materials company’s stock valued at $105,474,000 after buying an additional 305,111 shares in the last quarter. River Road Asset Management LLC lifted its stake in shares of Compass Minerals International by 19.6% during the 3rd quarter. River Road Asset Management LLC now owns 871,528 shares of the basic materials company’s stock valued at $56,562,000 after buying an additional 142,884 shares in the last quarter. Finally, Deprince Race & Zollo Inc. lifted its stake in shares of Compass Minerals International by 19.4% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 692,832 shares of the basic materials company’s stock valued at $44,965,000 after buying an additional 112,783 shares in the last quarter.

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About Compass Minerals International

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.

Analyst Recommendations for Compass Minerals International (NYSE:CMP)

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