Fintel reports that on August 8, 2023, Goldman Sachs maintained coverage of Compass Inc - (NYSE:COMP) with a Buy recommendation.
Analyst Price Forecast Suggests 5.18% Upside
As of August 2, 2023, the average one-year price target for Compass Inc - is 4.18. The forecasts range from a low of 3.54 to a high of $5.25. The average price target represents an increase of 5.18% from its latest reported closing price of 3.97.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Compass Inc - is 5,706MM, an increase of 12.94%. The projected annual non-GAAP EPS is -0.47.
What is the Fund Sentiment?
There are 312 funds or institutions reporting positions in Compass Inc -. This is an increase of 10 owner(s) or 3.31% in the last quarter. Average portfolio weight of all funds dedicated to COMP is 0.09%, an increase of 65.51%. Total shares owned by institutions increased in the last three months by 3.57% to 299,367K shares. 
The put/call ratio of COMP is 0.46, indicating a bullish outlook.
What are Other Shareholders Doing?
Sb Investment Advisers holds 132,365K shares representing 28.70% ownership of the company. No change in the last quarter.
ANTIPODES PARTNERS holds 15,897K shares representing 3.45% ownership of the company. In it's prior filing, the firm reported owning 18,812K shares, representing a decrease of 18.34%. The firm decreased its portfolio allocation in COMP by 8.79% over the last quarter.
Senvest Management holds 13,185K shares representing 2.86% ownership of the company. In it's prior filing, the firm reported owning 8,810K shares, representing an increase of 33.18%. The firm increased its portfolio allocation in COMP by 121.64% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 10,544K shares representing 2.29% ownership of the company. In it's prior filing, the firm reported owning 10,597K shares, representing a decrease of 0.50%. The firm decreased its portfolio allocation in COMP by 35.82% over the last quarter.
Institutional Venture Management Xv holds 10,529K shares representing 2.28% ownership of the company. No change in the last quarter.
Compass Background Information
(This description is provided by the company.)
Founded in 2012, Compass is a leading real estate technology company, providing an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively.
Additional reading:
- AMENDMENT NO. 1 TO THE SECOND AMENDED AND RESTATED REVOLVING CREDIT AND SECURITY AGREEMENT
- Compass, Inc. Reports Second Quarter 2023 Results Achieves Positive Free Cash Flow In Second Quarter
- First Amendment to Revolving Credit and Guaranty Agreement among Compass, Inc., Barclays Bank PLC and the lenders party thereto, dated as of
- Compass, Inc. Reports First Quarter 2023 Results
- Subsidiaries of the Registrant
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.
