Fintel reports that on September 29, 2023, Barclays reiterated coverage of Compass Group (LSE:CPG) with a Overweight recommendation.
Analyst Price Forecast Suggests 13.21% Upside
As of August 31, 2023, the average one-year price target for Compass Group is 2,270.97. The forecasts range from a low of 1,691.75 to a high of $2,730.00. The average price target represents an increase of 13.21% from its latest reported closing price of 2,006.00.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Compass Group is 32,010MM, an increase of 7.88%. The projected annual non-GAAP EPS is 0.88.
Compass Group Maintains 1.85% Dividend Yield
At the most recent price, the company's dividend yield is 1.85%.
Additionally, the company's dividend payout ratio is 0.50. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
What is the Fund Sentiment?
There are 485 funds or institutions reporting positions in Compass Group. This is a decrease of 8 owner(s) or 1.62% in the last quarter. Average portfolio weight of all funds dedicated to CPG is 0.76%, an increase of 6.09%. Total shares owned by institutions increased in the last three months by 0.24% to 364,931K shares.
What are Other Shareholders Doing?
ARTKX - Artisan International Value Fund Investor Shares holds 38,328K shares representing 2.23% ownership of the company. In it's prior filing, the firm reported owning 43,090K shares, representing a decrease of 12.42%. The firm decreased its portfolio allocation in CPG by 7.78% over the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 23,181K shares representing 1.35% ownership of the company. In it's prior filing, the firm reported owning 23,165K shares, representing an increase of 0.07%. The firm increased its portfolio allocation in CPG by 10.66% over the last quarter.
VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 13,803K shares representing 0.80% ownership of the company. In it's prior filing, the firm reported owning 13,467K shares, representing an increase of 2.43%. The firm increased its portfolio allocation in CPG by 9.37% over the last quarter.
WCMIX - WCM Focused International Growth Fund Institutional Class holds 13,055K shares representing 0.76% ownership of the company. In it's prior filing, the firm reported owning 14,031K shares, representing a decrease of 7.48%. The firm decreased its portfolio allocation in CPG by 32.44% over the last quarter.
FIGSX - Fidelity Series International Growth Fund holds 11,177K shares representing 0.65% ownership of the company. In it's prior filing, the firm reported owning 10,896K shares, representing an increase of 2.52%. The firm decreased its portfolio allocation in CPG by 0.54% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
