CompoSecure, Inc. (NASDAQ:CMPO) Given Average Rating of “Moderate Buy” by Analysts

Shares of CompoSecure, Inc. (NASDAQ:CMPO) have been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $16.81.

Several brokerages recently commented on CMPO. Needham & Company LLC restated a “buy” rating and set a $16.00 target price on shares of CompoSecure in a research report on Monday, November 11th. B. Riley raised their price objective on shares of CompoSecure from $18.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. JPMorgan Chase & Co. boosted their target price on shares of CompoSecure from $12.00 to $16.00 and gave the company a “neutral” rating in a research report on Monday, December 2nd. Lake Street Capital increased their target price on shares of CompoSecure from $14.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Finally, Benchmark reaffirmed a “buy” rating and issued a $17.00 price target on shares of CompoSecure in a research note on Tuesday, November 12th.

CompoSecure Stock Performance

Shares of NASDAQ CMPO opened at $15.68 on Thursday. The company’s 50 day moving average price is $15.36 and its 200-day moving average price is $11.64. CompoSecure has a 52-week low of $4.61 and a 52-week high of $17.03. The company has a market capitalization of $1.38 billion, a P/E ratio of -35.64, a price-to-earnings-growth ratio of 2.65 and a beta of 0.76.

CompoSecure (NASDAQ:CMPO) last released its earnings results on Friday, November 8th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.02). CompoSecure had a negative net margin of 5.63% and a negative return on equity of 14.87%. The firm had revenue of $107.14 million during the quarter, compared to analyst estimates of $105.11 million. During the same quarter in the previous year, the firm earned $0.24 EPS. Analysts forecast that CompoSecure will post 1.02 earnings per share for the current year.

Insider Buying and Selling at CompoSecure

In other CompoSecure news, COO Gregoire Maes sold 55,137 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $16.40, for a total transaction of $904,246.80. Following the completion of the sale, the chief operating officer now directly owns 762,009 shares of the company’s stock, valued at approximately $12,496,947.60. The trade was a 6.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Adam Joseph Lowe sold 34,310 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $16.24, for a total value of $557,194.40. Following the completion of the transaction, the insider now owns 1,315,068 shares in the company, valued at $21,356,704.32. This represents a 2.54 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 180,660 shares of company stock valued at $2,921,066. Corporate insiders own 74.99% of the company’s stock.

Institutional Investors Weigh In On CompoSecure

Several institutional investors have recently bought and sold shares of the stock. CWM LLC boosted its holdings in CompoSecure by 205.9% during the 2nd quarter. CWM LLC now owns 3,656 shares of the company’s stock worth $25,000 after acquiring an additional 2,461 shares during the last quarter. Sandia Investment Management LP bought a new position in shares of CompoSecure during the second quarter valued at about $68,000. nVerses Capital LLC purchased a new position in CompoSecure during the third quarter worth about $72,000. Wolverine Asset Management LLC purchased a new position in CompoSecure during the third quarter worth about $74,000. Finally, FMR LLC grew its position in CompoSecure by 693.0% in the 3rd quarter. FMR LLC now owns 5,900 shares of the company’s stock worth $83,000 after purchasing an additional 5,156 shares in the last quarter. Institutional investors own 37.56% of the company’s stock.

About CompoSecure

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.