TheStreet Upgrades Compass Minerals International (CMP) to “B”

Compass Minerals International (NYSE:CMP) was upgraded by TheStreet from a “c+” rating to a “b” rating in a research report issued to clients and investors on Thursday, November 30th.

CMP has been the subject of a number of other reports. Zacks Investment Research upgraded shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. J P Morgan Chase & Co upgraded shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 target price for the company in a research report on Monday, September 25th. BidaskClub downgraded shares of Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Monness Crespi & Hardt upgraded shares of Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price objective for the company in a research report on Monday, October 2nd. Finally, Credit Suisse Group set a $63.00 price objective on shares of Compass Minerals International and gave the stock a “hold” rating in a research report on Wednesday, August 9th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $73.60.

Compass Minerals International (NYSE CMP) opened at $70.35 on Thursday. The stock has a market cap of $2,380.00, a P/E ratio of 28.83 and a beta of 0.51. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.18 and a current ratio of 2.52. Compass Minerals International has a 1-year low of $59.72 and a 1-year high of $84.40.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings results on Monday, October 30th. The basic materials company reported $0.65 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.20). Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. The firm had revenue of $290.70 million during the quarter, compared to analysts’ expectations of $323.76 million. During the same period in the prior year, the firm posted $0.27 earnings per share. Compass Minerals International’s revenue for the quarter was up 61.9% compared to the same quarter last year. equities analysts predict that Compass Minerals International will post 2.62 EPS for the current year.

Institutional investors have recently bought and sold shares of the company. Fieldpoint Private Securities LLC acquired a new position in shares of Compass Minerals International in the 3rd quarter worth approximately $241,000. Griffin Asset Management Inc. acquired a new position in shares of Compass Minerals International in the 3rd quarter worth approximately $1,298,000. California Public Employees Retirement System lifted its holdings in shares of Compass Minerals International by 5.0% in the 3rd quarter. California Public Employees Retirement System now owns 62,686 shares of the basic materials company’s stock worth $4,068,000 after acquiring an additional 2,986 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Compass Minerals International by 12.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 12,936 shares of the basic materials company’s stock worth $840,000 after acquiring an additional 1,401 shares during the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. lifted its holdings in shares of Compass Minerals International by 56.4% in the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 28,546 shares of the basic materials company’s stock worth $1,859,000 after acquiring an additional 10,297 shares during 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.

Analyst Recommendations for Compass Minerals International (NYSE:CMP)

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