Are Compass Minerals International, Inc. (CMP) Shares Headed For A Pullback?

On Thursday, shares of Compass Minerals International, Inc. (NYSE:CMP) marked $51.12 per share versus a previous $50.90 closing price. With having a 0.43% gain, an insight into the fundamental values of Compass Minerals International, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. CMP showed a fall of -16.14% within its YTD performance, with highs and lows between $34.39 – $66.14 during the period of 52 weeks, compared to the simple moving average of -2.41% in the period of the last 200 days.

JP Morgan equity researchers changed the status of Compass Minerals International, Inc. (NYSE: CMP) shares from “Overweight” to a “Neutral” rating in the report published on May 7th, 2020. Other analysts, including Monness Crespi & Hardt, also published their reports on CMP shares. Monness Crespi & Hardt repeated the rating from the previous report, marking CMP under “Buy” rating, in the report published on February 12th, 2020. Additionally, CMP shares got another “Buy” rating from CL King. On the other hand, Monness Crespi & Hardt Reiterated the “Buy” rating for CMP shares, as published in the report on November 2nd, 2018. Stephens seems to be going bullish on the price of CMP shares, based on the price prediction for CMP. Another “Buy” rating came from Stifel, providing a prediction for price target according to the report published in February 16th, 2018.

Compass Minerals International, Inc. (CMP) Analysis

The present dividend yield for CMP owners is set at 0.06, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Compass Minerals International, Inc., the company needs to provide a healthy cash flow, currently at the value of 27.61. In addition, the growth of sales from quarter to quarter is recording 2.50%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Compass Minerals International, Inc. (CMP) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 17.30% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.40 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while CMP is currently recording an average of 299.87K in volumes. The volatility of the stock on monthly basis is set at 3.34%, while the weekly volatility levels are marked at 3.33%with 9.37% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $57.25, indicating growth from the present price of $51.12, which can represent yet another valuable research and analysis points that can help you decide whether to invest in CMP or pass.

What to Look for When Analyzing Compass Minerals International, Inc. Shares?

Compass Minerals International, Inc. (CMP) is based in the USA and it represents one of the well-known company operating with Basic Materials sector. If you wish to compare CMP shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 21.60 for Compass Minerals International, Inc., while the value 14.39 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 2.37 is supported by the yearly EPS growth of -19.50%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.60%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 96.60% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in CMP Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in CMP in the recent period. That is how The Vanguard Group, Inc. now has an increase position in CMP by 0.37% in the first quarter, owning 3.34 million shares of CMP stocks, with the value of $162.65 million after the purchase of an additional 12,189 shares during the last quarter. In the meanwhile, Shapiro Capital Management LLC also increased their stake in CMP shares changed 5.28% in the first quarter, which means that the company now owns 1.66 million shares of company, all valued at $80.7 million after the acquisition of additional 82,993 shares during the last quarter.

Van Eck Associates Corp. acquired a new position in Compass Minerals International, Inc. during the first quarter, with the value of $78.39 million, and Schroder Investment Management No increased their stake in the company’s shares by 564.38% in the first quarter, now owning 750,264 shares valued at $43.06 million after the acquisition of the additional 883199 shares during the last quarter. At the present, 96.60% of CMP shares are in the ownership of institutional investors.