Compass Minerals International (NYSE:CMP) had its price objective decreased by analysts at BMO Capital Markets to $70.00 in a research report issued on Thursday, The Fly reports. The brokerage currently has a “market perform” rating on the basic materials company’s stock. BMO Capital Markets’ price objective would indicate a potential upside of 3.32% from the company’s current price.

Several other research analysts have also recently issued reports on the company. Zacks Investment Research raised Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. TheStreet raised Compass Minerals International from a “c+” rating to a “b” rating in a research report on Thursday, November 30th. Stifel Nicolaus reissued a “buy” rating and issued a $84.00 price objective on shares of Compass Minerals International in a research report on Wednesday, November 1st. Finally, Credit Suisse Group cut Compass Minerals International from a “neutral” rating to a “sell” rating and set a $60.00 price objective on the stock. in a research report on Wednesday. Two 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’s stock. Compass Minerals International has an average rating of “Hold” and a consensus target price of $72.00.

Compass Minerals International (CMP) opened at $67.75 on Thursday. The stock has a market capitalization of $2,342.55, a P/E ratio of 54.20 and a beta of 0.55. The company has a current ratio of 2.52, a quick ratio of 1.18 and a debt-to-equity ratio of 1.70. Compass Minerals International has a 1 year low of $59.72 and a 1 year high of $80.40.

Compass Minerals International (NYSE:CMP) last announced its earnings results on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.37 by $0.29. The company had revenue of $457.90 million for the quarter, compared to analysts’ expectations of $468.52 million. Compass Minerals International had a return on equity of 12.89% and a net margin of 3.13%. research analysts forecast that Compass Minerals International will post 3.73 EPS for the current year.

A number of hedge funds have recently bought and sold shares of CMP. OppenheimerFunds Inc. boosted its position in Compass Minerals International by 28.6% in the fourth quarter. OppenheimerFunds Inc. now owns 1,912,663 shares of the basic materials company’s stock worth $138,190,000 after purchasing an additional 425,753 shares during the last quarter. Janus Henderson Group PLC boosted its position in Compass Minerals International by 32.2% in the third quarter. Janus Henderson Group PLC now owns 1,486,825 shares of the basic materials company’s stock worth $96,495,000 after purchasing an additional 361,985 shares during the last quarter. State Street Corp boosted its position in Compass Minerals International by 23.3% in the second quarter. State Street Corp now owns 1,615,191 shares of the basic materials company’s stock worth $105,474,000 after purchasing an additional 305,111 shares during the last quarter. River Road Asset Management LLC boosted its position in Compass Minerals International by 19.6% in the third quarter. River Road Asset Management LLC now owns 871,528 shares of the basic materials company’s stock worth $56,562,000 after purchasing an additional 142,884 shares during the last quarter. Finally, Deprince Race & Zollo Inc. boosted its position in Compass Minerals International by 19.4% in the third quarter. Deprince Race & Zollo Inc. now owns 692,832 shares of the basic materials company’s stock worth $44,965,000 after purchasing an additional 112,783 shares during 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.

The Fly

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