Why Compass Minerals International, Inc.’s (CMP) Stock Is Down 5.52%

By AAII Staff
April 10, 2024
Featured Tickers:
CMP

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Compass Minerals International, Inc. before investing.

In this article, we go over a few key elements for understanding Compass Minerals International, Inc.’s stock price such as:

  • Compass Minerals International, Inc.’s current stock price and volume
  • Why Compass Minerals International, Inc.’s stock price changed recently
  • Upgrades and downgrades for CMP from analysts
  • CMP’s stock price momentum as measured by its relative strength

About Compass Minerals International, Inc. (CMP)

Before we jump into Compass Minerals International, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Compass Minerals International, Inc. is a provider of essential minerals focused on safely delivering where and when it matters to help solve nature’s challenges for customers and communities. The Company’s segments include Salt and Plant Nutrition. The Salt segment produces and markets salt, consisting of sodium chloride and magnesium chloride, for use in road deicing for winter roadway safety and for dust control, food processing, water softeners and other consumer, agricultural and industrial applications. The Salt segment provides highway deicing salt to customers in North America and the United Kingdom. The Plant Nutrition segment produces and markets various grades of sulfate of potash, which is used in the production of specialty fertilizers for high-value crops and turf and helps improve the quality and yield of crops, while supporting sustainable agriculture. It operates 12 production and packaging facilities throughout the United States, Canada and the United Kingdom.

Want to learn more about Compass Minerals International, Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Compass Minerals International, Inc..

Learn More About A+ Investor

Compass Minerals International, Inc.’s Stock Price as of Market Close

As of April 10, 2024, 4:00 PM, CST, Compass Minerals International, Inc.’s stock price was $14.03.

Compass Minerals International, Inc. is down 5.52% from its previous closing price of $14.85.

During the last market session, Compass Minerals International, Inc.’s stock traded between $13.90 and $14.87. Currently, there are 41.21 million shares of Compass Minerals International, Inc. stock available for purchase.

Unfortunately, Compass Minerals International, Inc.’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Compass Minerals International, Inc. Stock Price History

Compass Minerals International, Inc.’s (CMP) price is currently down 10.86% so far this month.

During the month of April, Compass Minerals International, Inc.’s stock price has reached a high of $15.89 and a low of $13.54.

Over the last year, Compass Minerals International, Inc. has hit prices as high as $39.78 and as low as $13.54. Year to date, Compass Minerals International, Inc.’s stock is down 65.78%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Compass Minerals International, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 09, 2024, there were 2 analysts who downgraded Compass Minerals International, Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Compass Minerals International, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Compass Minerals International, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Compass Minerals International, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Compass Minerals International, Inc. (CMP) by visiting AAII Stock Evaluator.

Relative Price Strength of Compass Minerals International, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 09, 2024, Compass Minerals International, Inc. has a weighted four-quarter relative price strength of -23.80%, which translates to a Momentum Score of 14 and is considered to be Very Weak.

Want to learn more about how Compass Minerals International, Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Compass Minerals International, Inc. Stock Price: Bottom Line

As of April 10, 2024, Compass Minerals International, Inc.’s stock price is $14.03, which is down 5.52% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Compass Minerals International, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

Learn More About A+ Investor

Find New Stock Opportunities With Included With AAII Platinum
O'Neil CAN SLIM Screen: 38.3% Compared to S&P 500
at only 23.3%

Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.