Several other equities research analysts have also weighed in on the company. Credit Suisse Group lowered Compass Minerals International from a neutral rating to a sell rating and set a $60.00 price objective on the stock. in a research note on Wednesday. Zacks Investment Research upgraded Compass Minerals International from a sell rating to a hold rating in a research note on Tuesday. Finally, Stifel Nicolaus reiterated a buy rating and issued a $84.00 price objective on shares of Compass Minerals International in a research note on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of $72.00.
Shares of Compass Minerals International (CMP) opened at $67.75 on Tuesday. Compass Minerals International has a 12 month low of $59.72 and a 12 month high of $80.40. The firm has a market capitalization of $2,342.55, a P/E ratio of 54.20 and a beta of 0.55. The company has a quick ratio of 1.18, a current ratio of 2.52 and a debt-to-equity ratio of 1.70.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 4.25%. The ex-dividend date of this dividend is Wednesday, February 28th. Compass Minerals International’s payout ratio is currently 230.40%.
Several institutional investors and hedge funds have recently made changes to their positions in CMP. SeaCrest Wealth Management LLC acquired a new position in shares of Compass Minerals International in the 4th quarter worth approximately $103,000. First PREMIER Bank acquired a new position in shares of Compass Minerals International in the 4th quarter worth approximately $115,000. IFP Advisors Inc boosted its holdings in shares of Compass Minerals International by 93.6% in the 3rd quarter. IFP Advisors Inc now owns 2,431 shares of the basic materials company’s stock worth $158,000 after acquiring an additional 1,175 shares in the last quarter. CoreCommodity Management LLC acquired a new position in shares of Compass Minerals International in the 4th quarter worth approximately $167,000. Finally, Verity Asset Management Inc. acquired a new position in shares of Compass Minerals International in the 4th quarter worth approximately $205,000.
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Compass Minerals International Company Profile
Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.
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