Compass Minerals International (CMP) was Downgraded by KeyBanc Capital Mkts to ” Sector Weight”. Earlier the firm had a rating of “Overweight ” on the company shares. KeyBanc Capital Mkts advised their investors in a research report released on Jun 15, 2016.
Many Wall Street Analysts have commented on Compass Minerals International. Compass Minerals International was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Jun 15, 2016. Compass Minerals International was Downgraded by BB&T Capital Mkts to ” Hold” on Mar 30, 2016.
On the company’s financial health, Compass Minerals International reported $1.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on Apr 25, 2016. Analyst had a consensus of $1.30. The company had revenue of $345.70 million for the quarter, compared to analysts expectations of $347.04 million. The company’s revenue was down -12.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.79 EPS.
Compass Minerals International opened for trading at $78.02 and hit $78.53 on the upside on Tuesday, eventually ending the session at $78.34, with a gain of 0.32% or 0.25 points. The heightened volatility saw the trading volume jump to 1,99,096 shares. Company has a market cap of $2,647 M.
In a different news, on Mar 15, 2016, David J Goadby (Vice President) sold 5,239 shares at $72.52 per share price. According to the SEC, 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.