Shares of Compass Minerals International, Inc. (NYSE:CMP) have earned an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $74.33.

A number of research firms recently weighed in on CMP. ValuEngine raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday, September 19th. Zacks Investment Research cut shares of Compass Minerals International from a “hold” rating to a “sell” rating in a report on Tuesday.

Shares of CMP stock traded up $1.44 during trading hours on Monday, reaching $65.94. The stock had a trading volume of 425,025 shares, compared to its average volume of 321,587. The company has a quick ratio of 1.46, a current ratio of 2.66 and a debt-to-equity ratio of 2.28. Compass Minerals International has a twelve month low of $56.50 and a twelve month high of $76.65. The stock has a market cap of $2.27 billion, a PE ratio of 23.98 and a beta of 0.66.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings data on Monday, August 6th. The basic materials company reported ($0.23) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.14) by ($0.09). Compass Minerals International had a return on equity of 12.50% and a net margin of 2.27%. The firm had revenue of $246.70 million during the quarter, compared to analyst estimates of $243.24 million. During the same period last year, the business earned ($0.19) EPS. The firm’s revenue was up 8.2% on a year-over-year basis. Equities analysts forecast that Compass Minerals International will post 2.83 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, September 17th. Investors of record on Friday, August 31st were given a $0.72 dividend. The ex-dividend date of this dividend was Thursday, August 30th. This represents a $2.88 dividend on an annualized basis and a yield of 4.37%. Compass Minerals International’s dividend payout ratio is presently 104.73%.

Institutional investors and hedge funds have recently made changes to their positions in the stock. CWM LLC bought a new position in Compass Minerals International in the 2nd quarter valued at about $141,000. NEXT Financial Group Inc bought a new position in Compass Minerals International in the 3rd quarter valued at about $171,000. Tower Research Capital LLC TRC grew its position in Compass Minerals International by 80.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,981 shares of the basic materials company’s stock valued at $196,000 after buying an additional 1,331 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Compass Minerals International by 29.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 3,248 shares of the basic materials company’s stock valued at $199,000 after buying an additional 730 shares in the last quarter. Finally, Archford Capital Strategies LLC grew its position in Compass Minerals International by 39.5% in the 2nd quarter. Archford Capital Strategies LLC now owns 3,058 shares of the basic materials company’s stock valued at $201,000 after buying an additional 866 shares in the last quarter. Hedge funds and other institutional investors own 96.25% of the company’s stock.

Compass Minerals International Company Profile

Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.

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