From what 8 stock analysts predict, the share price for Compass Minerals International Inc (CMP) might increase by 36.33% in the next year. This is based on a 12-month average estimation for CMP. Price targets go from $14 to $20. The majority of stock analysts believe CMP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
CMP is a stock in Basic Materials which has been forecasted to be worth $17 as an average. On the higher end, the forecast price is $20 USD by Joel Jackson from BMO Capital and on the lower end CMP is forecasted to be $14 by from .
These are the latest 20 analyst ratings of CMP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Joel Jackson BMO Capital | Market Perform | $20 | Maintains | Sep 18, 2024 |
Chris Kapsch Loop Capital | Buy | $23 | Upgrade | Apr 26, 2024 |
Joel Jackson BMO Capital | Market Perform | $20 | Maintains | Mar 26, 2024 |
Chris Kapsch Loop Capital | Hold | $26 | Downgrade | Mar 4, 2024 |
Jeffrey Zekauskas JP Morgan | Neutral | $21 | Maintains | Feb 9, 2024 |
Vincent Anderson Stifel | Buy | $60 | Maintains | Jan 11, 2024 |
Jeffrey Zekauskas JP Morgan | Neutral | $24 | Upgrade | Nov 20, 2023 |
Greg Lewis BTIG | Neutral | Initiates | Jul 19, 2023 | |
Chris Kapsch Loop Capital | Buy | $58 | Initiates | Jul 17, 2023 |
Joel Jackson BMO Capital | Market Perform | $40 | Maintains | May 26, 2023 |
David Begleiter Deutsche Bank | Buy | $45 | Maintains | May 22, 2023 |
Vincent Anderson Stifel | Buy | $82 | Maintains | May 11, 2023 |
David Silver CL King | Buy | $47 | Maintains | Mar 23, 2023 |
David Begleiter Deutsche Bank | Buy | $50 | Maintains | Feb 9, 2023 |
Jeffrey Zekauskas JP Morgan | Underweight | $36 | Maintains | Dec 1, 2022 |
David Begleiter Deutsche Bank | Buy | $55 | Maintains | May 23, 2022 |
Joel Jackson BMO Capital | Market Perform | $63 | Maintains | Apr 18, 2022 |
Jeffrey Zekauskas JP Morgan | Underweight | $52 | Downgrade | Feb 10, 2022 |
Goldman Sachs | Neutral | Upgrade | Dec 15, 2021 | |
Goldman Sachs | Sell | $51 | Maintains | Nov 23, 2021 |
When did it IPO
2003
Staff Count
2,000
Country
United States
Sector/Industry
Basic Materials/Other Industrial Metals & Mining
CEO
Dr. Edward C. Dowling Jr., B.Sc., M.Sc.
Market Cap
$522.0M
In 2023, CMP generated $1.20B in revenue, which was a decrease of -3.17% from the previous year. This can be seen as a signal that CMP's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Compass Minerals (NYSE: CMP) announced preliminary fiscal 2024 Q3 results, which are subject to change before the official Form 10-Q filing for the quarter ending June 30, 2024.
Why It Matters - Preliminary results and outlook updates can signal potential shifts in financial health, impacting stock performance. Investors may adjust positions based on projected earnings and company stability.
Summary - Compass Minerals (CMP) reported a quarterly loss of $1.01 per share, worse than the estimated loss of $0.67, and a decline from earnings of $1.01 per share a year prior.
Why It Matters - Compass Minerals' larger-than-expected quarterly loss signals worsening financial health, potentially leading to declining investor confidence and stock price volatility.
Summary - Compass Minerals' stock rose 21.1% after Q3 results exceeded revenue expectations. The Salt segment performed well, while the Plant Nutrition segment declined. 2024 guidance suggests potential profitability but carries risks.
Why It Matters - Compass Minerals' stock surge reflects strong revenue, hinting at recovery, but declining plant nutrition sales and past misstatements pose risks, impacting future investor confidence.
Summary - S&P DJI will implement changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices on September 23, 2024, ahead of the quarterly rebalance.
Why It Matters - Changes to the S&P indices can impact stock prices, investor sentiment, and portfolio allocations, affecting market dynamics and individual stock performance.
Summary - Compass Minerals (NYSE: CMP) has signed a binding agreement with the Utah Division of Forestry, Fire and State Lands to commit to water and land conservation for the Great Salt Lake's health.
Why It Matters - Compass Minerals' binding agreement for conservation efforts enhances its regulatory standing and sustainability profile, potentially boosting investor confidence and long-term value.
Summary - Investors often seek dividend-yielding stocks during market turbulence, as these companies typically have high free cash flows and offer substantial dividend payouts.
Why It Matters - Dividend-yielding stocks provide stability and income during market volatility, attracting investors seeking safer, reliable returns amidst uncertainty.