Analysts predict that Compass Minerals International, Inc. (NYSE:CMP) will post earnings of $0.80 per share for the current quarter, according to Zacks. Two analysts have made estimates for Compass Minerals International’s earnings. The highest EPS estimate is $0.84 and the lowest is $0.76. Compass Minerals International reported earnings per share of $0.65 during the same quarter last year, which suggests a positive year over year growth rate of 23.1%. The company is expected to issue its next quarterly earnings report on Monday, October 29th.

On average, analysts expect that Compass Minerals International will report full-year earnings of $2.83 per share for the current year, with EPS estimates ranging from $2.75 to $2.95. For the next financial year, analysts expect that the company will post earnings of $4.12 per share, with EPS estimates ranging from $3.60 to $4.65. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Compass Minerals International.

Compass Minerals International (NYSE:CMP) last released its earnings results on Monday, August 6th. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.09). Compass Minerals International had a net margin of 2.27% and a return on equity of 12.50%. The firm had revenue of $246.70 million during the quarter, compared to analyst estimates of $243.24 million. During the same period in the previous year, the company earned ($0.19) earnings per share. Compass Minerals International’s revenue was up 8.2% on a year-over-year basis.

Separately, ValuEngine downgraded Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $71.50.

Shares of NYSE CMP traded up $0.55 during mid-day trading on Friday, hitting $70.25. The stock had a trading volume of 4,697 shares, compared to its average volume of 242,271. The company has a debt-to-equity ratio of 2.28, a current ratio of 2.66 and a quick ratio of 1.46. Compass Minerals International has a twelve month low of $56.50 and a twelve month high of $76.65. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 25.45 and a beta of 0.68.

The business also recently declared a quarterly dividend, which was paid on Monday, September 17th. Shareholders of record on Friday, August 31st were given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend was Thursday, August 30th. Compass Minerals International’s dividend payout ratio is currently 104.73%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Stratos Wealth Partners LTD. grew its position in Compass Minerals International by 65.2% during the 1st quarter. Stratos Wealth Partners LTD. now owns 2,280 shares of the basic materials company’s stock worth $137,000 after purchasing an additional 900 shares during the period. CWM LLC acquired a new stake in Compass Minerals International during the 2nd quarter worth about $141,000. Archford Capital Strategies LLC acquired a new stake in Compass Minerals International during the 1st quarter worth about $158,000. Tower Research Capital LLC TRC grew its position in Compass Minerals International by 80.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,981 shares of the basic materials company’s stock worth $196,000 after purchasing an additional 1,331 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Compass Minerals International by 29.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,248 shares of the basic materials company’s stock worth $199,000 after purchasing an additional 730 shares during the period. 96.25% of the stock is currently owned by institutional investors.

Compass Minerals International Company Profile

Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.

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