CMP Stock Summary and Trading Ideas (Compass Minerals Intl | NYSE:CMP)

Compass Minerals currently produces two primary products: salt and specialty potash fertilizer. The company's main assets include rock salt mines in Ontario, Canada, the US state of Louisiana, and the United Kingdom. The fertilizer is produced from a brine operation at the Great Salt Lake in Utah that produces sulfate of potash and magnesium chloride. Compass' salt products are used for deicing and also by industrial and consumer end markets. The firm's sulfate of potash is used by growers of high-value crops that are sensitive to standard potash.

Compass Minerals Intl trades on the NYSE stock market under the symbol CMP.

As of April 19, 2024, CMP stock price declined to $13.46 with 358,368 million shares trading.

CMP has a beta of 1.24, meaning it tends to be more sensitive to market movements. CMP has a correlation of 0.12 to the broad based SPY ETF.

CMP has a market cap of $556.05 million. This is considered a Small Cap stock.

Last quarter Compass Minerals Intl reported $342 million in Revenue and $.05 earnings per share. This fell short of revenue expectation by $-16 million and missed earnings estimates by -$.21.

In the last 3 years, CMP stock traded as high as $75.44 and as low as $13.10.

The top ETF exchange traded funds that CMP belongs to (by Net Assets): IJR, XME, VTI, VB, IWM.

CMP has underperformed the market in the last year with a price return of -57.2% while the SPY ETF gained +21.2%. CMP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -35.7% and -5.6%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

CMP support price is $13.04 and resistance is $14.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CMP stock will trade within this expected range on the day.