Compass Minerals International, Inc. (NYSE:CMP) Chairman Richard S. Grant purchased 2,000 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was acquired at an average cost of $52.54 per share, with a total value of $105,080.00. Following the completion of the acquisition, the chairman now directly owns 25,194 shares of the company’s stock, valued at $1,323,692.76. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of CMP stock traded down $0.29 on Friday, reaching $57.49. The company had a trading volume of 309,769 shares, compared to its average volume of 252,959. The company has a debt-to-equity ratio of 2.45, a current ratio of 2.55 and a quick ratio of 1.60. The stock has a market cap of $1.95 billion, a PE ratio of 29.79 and a beta of 1.35. Compass Minerals International, Inc. has a 12 month low of $38.19 and a 12 month high of $71.25.
Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Monday, February 11th. The basic materials company reported $1.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.79 by ($0.38). Compass Minerals International had a net margin of 4.61% and a return on equity of 11.49%. The business had revenue of $486.50 million during the quarter, compared to analyst estimates of $501.10 million. As a group, research analysts anticipate that Compass Minerals International, Inc. will post 2.54 earnings per share for the current year.
A number of research analysts recently issued reports on the company. Zacks Investment Research raised Compass Minerals International from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 16th. ValuEngine raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Friday, February 15th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Compass Minerals International currently has a consensus rating of “Hold” and a consensus target price of $55.27.
About Compass Minerals International
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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