Compass MineralsCMP
About: 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.
Employees: 1,981
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 4 (+2) [Q3]
20% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 59
11% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 46
2% more funds holding
Funds holding: 213 [Q2] → 218 (+5) [Q3]
8% less capital invested
Capital invested by funds: $456M [Q2] → $420M (-$35.8M) [Q3]
11% less call options, than puts
Call options by funds: $5.83M | Put options by funds: $6.51M
22.2% less ownership
Funds ownership: 106.68% [Q2] → 84.48% (-22.2%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
BMO Capital Joel Jackson 57% 1-year accuracy 4 / 7 met price target | 45%upside $20 | Market Perform Maintained | 18 Sept 2024 |