How to Buy Compass Stock
Compass Inc
Compass is a app company located in New York, United States, which is part of the Technology sector, and is traded under the ticker COMP on the NYSE exchange.
Compass stock last closed at $3.32, up 2.47% from the previous day, and has increased 13.31% in one year. It has underperformed other stocks in the Software - Application industry by 0.09 percentage points. Compass stock is currently +82.92% from its 52-week low of $1.82, and -26.06% from its 52-week high of $4.49.
As of Apr 22, 2024, there are 491.28M COMP shares outstanding. The market cap of COMP is $1.63B. In the past 24 hours, 2.55M COMP shares were traded.
How to Buy Compass Stock
Not sure how to invest in Compass stock? Here's how.
- Figure out where to buy Compass stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Compass stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your method of payment and add your details.
- Evaluate Compass stock: The Compass ticker symbol is COMP. Is Compass stock a good investment? Should you buy shares of COMP? How do COMP's underlying business fundamentals look? Do top analysts think Compass is a good buy? Why has COMP's stock price moved recently? (Hint: Our stock research tools can help you understand if COMP is a good stock to buy).
- Make your COMP purchase: Decide if you will purchase COMP shares at the current market price or use a limit order to purchase COMP stock at a particular price.
- Track your COMP position: Create a watchlist to the latest updates on your investment in Compass stock.
Step 1: Figure out where to buy Compass stock
You will need an online brokerage account in order to access the NYSE market and buy COMP stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal info so you can buy COMP today.
How to Create a New Account on eToro
- 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.
- Provide your personal data to open a new trading account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have finished signing up on investing apps, you can securely and quickly fund your account:
Check out the video below for more details depositing money into your new investment account.
Step 4: Evaluate Compass stock
Once you have figured out the best place to buy Compass stock, it's crucial to research their stock prior to buying, so you truly understand the risk as well as the opportunity.
Compass quick stats
Fundamentals of COMP
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on COMP's stock page.
Is COMP stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge COMP's true value.
Using relative valuations measures:
- COMP may be undervalued based on its P/B ratio of 3.8x, relative to Software - Application industry P/B ratio of 6.39x
You can do more valuation analysis on COMP's stock here.
A quick look at COMP Financials
Passed Financial Due Diligence Checks:
- COMP has cash burn of 37100000. It has sufficient cash and short-term investments to cover this for at least one year.
- COMP profit margin has gone up from -10% to -6.6% in the past year.
- COMP has $166.90M in cash and short term investments. This is enough to cover its annual cash burn of $37.10M.
Failed Financial Due Diligence Checks:
- COMP has a relatively high debt to equity ratio of 1.7.
- There are more short-term liabilities than short-term assets on the COMP balance sheet.
- There are more long-term liabilities than short-term assets on the COMP balance sheet.
Do analysts think it's a good time to buy Compass stock
Out of 9 Wall Street analysts who monitor COMP, the consensus analyst rating on Compass is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest COMP Analyst Recommendations
Bernie McTernan, a bottom 1% analyst from Needham reiterates COMP with a buy rating and maintains their COMP price target from $5.00 to $5.00, on Feb 28, 2024.
Robert Mollins, a bottom 35% analyst from Gordon Haskett downgrades COMP to a sell rating and announces their COMP price target of $2.25, on Feb 21, 2024.
Benjamin Black, a top 8% analyst from Deutsche Bank initiates coverage on COMP with a hold rating and announces their COMP price target of $2.70, on Nov 21, 2023.
Brian Nowak, a top 4% analyst from Morgan Stanley maintains COMP with a hold rating and lowers their COMP price target from $4.00 to $2.25, on Nov 7, 2023.
You can dig deeper into what analysts are projecting on the Compass stock forecast page.
Metrics for Advanced COMP Traders
How are COMP Revenues/Earnings doing?
Last year, COMP revenue was $4.89B. During the past 5 year, COMP's revenue has gone up by 40.74% per year. This was faster than the Software - Application industry average of 27.53%.
Dive into COMP's earnings and revenue performance here.
What are COMP executives and large shareholders up to?
In the last year, executives and large shareholders at COMP have sold more shares than they have bought.
Kalani Reelitz, Chief Financial Officer of COMP, was the latest COMP insider to sell. They sold $5,329.32 worth of COMP shares on Apr 2, 2024.
Get more info about who owns COMP shares here.
Does COMP provide a stable income stream?
No, Compass doesn't provide an income stream by paying out dividends.
What others are saying about COMP
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your COMP purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, place a limit order.
Click the Open button and your broker will execute the order.
If you require additional help with buying stocks on eToro, click the how to video below:
Step 6: Track your COMP position
Now that you own some COMP shares, you'll want to stay up-to-date on your investment.
Make a watchlist to keep track of your COMP stock.
COMP Feed
How to Buy Stock in Compass
To reiterate, here are the 6 steps to buy stock in Compass:
- Figure out where to buy Compass stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Compass stock
- Make your COMP purchase
- Track your COMP position
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Compass, create a watchlist on WallStreetZen today.
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