Brokerage firm JP Morgan Maintains its rating on Compass Minerals International(NYSE:CMP). In a research note issued to the investors, the brokerage major Lowers the price-target to $65.00 per share. The shares have been rated Neutral. The rating by JP Morgan was issued on Apr 12, 2016.
In a different note, On Mar 30, 2016, BB&T Capital said it Downgrades its rating on Compass Minerals International. The shares have been rated ‘Hold’ by the firm. On Jan 21, 2016, Deutsche Bank said it Maintains its rating on Compass Minerals International. According to the research note, Deutsche Bank Lowers the price target to $75 per share from a prior target of $88. The shares have been rated ‘Hold’ by the firm.
Compass Minerals International (CMP) made into the market gainers list on Fridays trading session with the shares advancing 1.10% or 0.8 points. Due to strong positive momentum, the stock ended at $73.22, which is also near the day’s high of $73.53. The stock began the session at $72.31 and the volume stood at 2,91,466 shares. The 52-week high of the shares is $93.14 and the 52 week low is $66.3. The company has a current market capitalization of $2,470 M and it has 3,37,39,460 shares in outstanding.
Compass Minerals International(CMP) last announced its earnings results on Feb 8, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $289.30M. Analysts had an estimated revenue of $288.52M. Earnings per share were $1.72. Analysts had estimated an EPS of $1.53.
Several Insider Transactions has been reported to the SEC. On Mar 15, 2016, David J Goadby (Vice President) sold 5,239 shares at $72.52 per share price.Also, On Feb 18, 2016, Jack C. Leunig (Senior Vice President) sold 2,910 shares at $68.76 per share price.On Mar 23, 2015, Robert Dana Miller (Senior Vice President) sold 1,155 shares at $94.73 per share price, according to the Form-4 filing with the securities and exchange commission.
Compass Minerals International Inc. (CMP) is a holding company. The Company is a producer and marketer of essential minerals including salt sulfate of potash specialty fertilizer (SOP) and magnesium chloride. The Company operates through two segments: salt and plant nutrition. The salt segment produces and markets salt and magnesium chloride for use in road deicing and dust control food processing water softeners and agricultural and industrial applications. SOP crop nutrients industrial-grade SOP magnesium chloride for agricultural purposes and other plant nutrients are produced and marketed through the plant nutrition segment. As of December 31 2014 the Company operated 12 production and packaging facilities including the largest rock salt mine in the world in Goderich Ontario Canada and the largest rock salt mine in the United Kingdom in Winsford Cheshire.