How to Buy Compass Minerals International Stock
Compass Minerals International Inc
Compass Minerals International is a mining company located in Kansas, United States, which is part of the Basic Materials sector, and is traded under the ticker CMP on the NYSE exchange.
Compass Minerals International stock last closed at $12.62, down 1.25% from the previous day, and has decreased 60.08% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.37 percentage points. Compass Minerals International stock is currently +6.5% from its 52-week low of $11.85, and -68.28% from its 52-week high of $39.78.
There are currently 41.31M shares of CMP outstanding. The market cap of CMP is $521.35M. In the last 24 hours, 707,699 CMP shares were traded.
How to Buy Compass Minerals International Stock
Wondering how to invest in Compass Minerals International stock? Here's how.
- Decide where to buy Compass Minerals International stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Compass Minerals International stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your payment method and add your details.
- Research Compass Minerals International stock: The Compass Minerals International ticker symbol is CMP. Is Compass Minerals International stock a good investment? Should you buy shares of CMP? How do CMP's underlying business fundamentals look? Do top analysts think Compass Minerals International is a good buy? Why has CMP's stock price moved recently? (Hint: Our stock market research website can help you evaluate if CMP is a good stock to buy).
- Make your CMP purchase: Decide if you will purchase CMP shares at the current market price or use a limit order to purchase CMP shares at a particular price.
- Get notifications regarding your CMP investment: Create a watchlist to the latest updates on your investment in Compass Minerals International shares.
Step 1: Decide where to buy Compass Minerals International stock
You will need an online brokerage account in order to access the NYSE market and buy CMP stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you can invest in CMP today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your investment account
Now that you have filled out your info on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help transferring money into your brokerage account.
Step 4: Research Compass Minerals International stock
Once you have selected the best place to buy Compass Minerals International stock, it's important to research their stock prior to buying, so you actually comprehend the risk and upside.
Compass Minerals International Metrics
Compass Minerals International Due Diligence Checks
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on CMP's stock page.
Is CMP stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge CMP's true value.
Using relative valuations metrics:
- CMP could be undervalued based on its P/B ratio of 1.13x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.15x
You can access more valuation research on CMP's stock here.
A look at CMP Cashflows and Balance Sheet
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the CMP balance sheet.
- Total CMP debt is lower than 5 years ago, relative to shareholder equity.
- CMP has $38.30M in cash and short term investments. This is enough to cover its annual cash burn of $131.40M.
Negative Health Checks:
- CMP has a relatively high debt to equity ratio of 2.93.
- CMP has cash burn of 131400000. It does not have sufficient cash and short-term investments to cover this.
- CMP profit margin has gone down from -2.2% to -5% in the past year.
- There are more long-term liabilities than short-term assets on the CMP balance sheet.
Is Compass Minerals International stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Wall Street analysts who monitor CMP, the consensus analyst rating on CMP is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Compass Minerals International stock forecast page.
CMP Trading Indicators
CMP Growth Metrics
Last year, CMP revenue was $1.19B. In the last 5 year, CMP's revenue has increased by 2.04% per year. This was slower than the Other Industrial Metals & Mining industry average of 4.86%.
You can analyze CMP's earnings and revenue performance here.
Who is buying/selling CMP?
Over the past year, insiders at CMP have sold more shares than they have bought.
Joseph E. Reece, Director of CMP, was the latest CMP insider to buy. They bought $106,200.00 worth of CMP shares on Jan 22, 2024.
Get more info about who owns CMP shares here.
Does CMP stock generate passive income?
Compass Minerals International pays a dividend of 4.75%, compared to the Other Industrial Metals & Mining industry's average dividend yield of 4.26%. If you owned $1,000 of CMP stock, you would have been paid $47.54 in the past year.
Compass Minerals International dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Compass Minerals International dividend yield and history here.
What others are saying about CMP
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Step 5: Make your CMP purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open button and your broker will place the order.
If you want more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your CMP investment
Now that you own some CMP stock, you'll want to keep up with your new shares.
Start a watchlist to track the most important metrics related to your CMP stock.
CMP Feed
How to Buy Stock in Compass Minerals International
To summarize, here are the 6 steps to buy stock in Compass Minerals International:
- Decide where to buy Compass Minerals International stock
- Open your brokerage account
- Fund your investment account
- Research Compass Minerals International stock
- Make your CMP purchase
- Get notifications regarding your CMP investment
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your new investment in Compass Minerals International, create a watchlist today.
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