NEW YORK, June 20, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds investors a shareholder filed a class action lawsuit on behalf of all purchasers of securities of Compass Minerals International, Inc. (NYSE: CMP) between November 29, 2023 and March 22, 2024, both dates inclusive (the "Class Period"). Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by June 24, 2024. The Rosen Law Firm is investigating the Allegations that ...

Shareholders who purchased shares of CMP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/compass-minerals-loss-submission-form/?id=86298&from=4 WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a ...

Shareholders who purchased shares of CMP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Compass Minerals overstated the likelihood that it would be awarded a renewed U.S. Forest Service contract for the use ...

Core Viewpoint - Compass, Inc. is transitioning from a growth-focused strategy to one centered on profitability and cash flow, aiming for positive EBITDA and free cash flow in 2024 after facing significant challenges in the real estate market [3][4][7]. Company Overview - Compass, Inc. is a traditional real estate brokerage firm founded in 2012, investing over $1.5 billion in technology and data to enhance real estate transactions [1]. - The company has nearly 14,000 agents and a Gross Transaction Volume (GTV) close to $180 billion, making it the largest independent real estate brokerage by GTV, with a 4.6% market share in the U.S. and 30% in its top three MLS cities [1]. Market Context - The real estate market is highly cyclical, with transaction volumes expected to bottom out in 2024, leading to potential growth in 2025 [4][7]. - Residential transaction volume decreased by 3.5% year-over-year in Q1 2024, following declines of 19% in 2023 and 18% in 2022 [7]. Financial Performance - In 2023, Compass experienced a 15% decline in total transactions, outperforming the market's 19% decline [7]. - The company aims to generate positive free cash flow (FCF) in 2024, recovering from a FCF loss of $360 million in 2022, with cash burn reduced to $37 million in 2023 [7]. - Compass had approximately $165 million in cash and no debt at the end of Q1 2024, with expectations to maintain a strong balance sheet despite potential cash outflows for settlements and share repurchases [7]. Growth Potential - The company is projected to grow revenue by over 10% through the cycle, with earnings and FCF growth closer to 15% due to operating leverage [4]. - At the midpoint of the cycle in 2026/2027, Compass is expected to generate FCF per share of $0.30 to $0.40, with a valuation target of $6.00+ in three years based on historical market multiples [4]. IPO and Market Challenges - Compass went public in 2021 during favorable market conditions, but has since seen its stock decline approximately 80% from its IPO level due to changing market dynamics and rising interest rates [5][10]. - The company is considered one of the few legitimate public companies from the 2021 IPO class, despite the overall market contraction affecting newly public companies disproportionately [10].

Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term pr ...

Core Viewpoint - Compass Group PLC (CMPGY) is currently viewed as a better value opportunity compared to Chipotle Mexican Grill (CMG) based on various financial metrics and earnings outlook [1][5]. Valuation Metrics - CMPGY has a P/B ratio of 7.71, significantly lower than CMG's P/B ratio of 25.58, indicating that CMPGY is more undervalued relative to its book value [4]. - CMPGY's forward P/E ratio stands at 23.89, while CMG's forward P/E is much higher at 56.61, suggesting that CMPGY is more attractively priced in terms of earnings [8]. - The PEG ratio for CMPGY is 1.94, compared to CMG's PEG ratio of 2.49, further supporting the notion that CMPGY offers better value considering expected earnings growth [8]. Earnings Outlook - CMPGY has shown a stronger improvement in its earnings outlook compared to CMG, which is a positive indicator for potential investors [2][5]. - The Zacks Rank for CMPGY is 2 (Buy), while CMG holds a Zacks Rank of 3 (Hold), reflecting a more favorable investment sentiment towards CMPGY [2]. Value Grades - CMPGY has received a Value grade of B, indicating it is considered undervalued based on various financial metrics, whereas CMG has been assigned a Value grade of F, suggesting it is overvalued [9].

Core Viewpoint - Compass Minerals announced it will not secure a contract with the U.S. Forest Service for magnesium chloride-based aerial fire retardants for the 2024 fire season, leading to significant stock price declines and potential legal implications for the company [2][5]. Group 1: Company Announcement and Impact - On March 25, 2024, Compass Minerals stated it would not secure a USFS contract for magnesium chloride-based aerial fire retardants, citing safety concerns from inspections revealing corrosion in airtankers [2]. - Following this announcement, Compass Minerals' stock price dropped by $3.00 per share, or 17.09%, closing at $14.55 on March 25, 2024, and fell further by $0.86 per share, or 5.9%, to close at $13.69 the next day [5]. Group 2: Legal Investigations and Claims - Faruqi & Faruqi, LLP is investigating potential claims against Compass Minerals, reminding investors of a June 24, 2024 deadline to seek lead plaintiff status in a federal securities class action [3]. - The lawsuit alleges that Compass Minerals and its executives violated federal securities laws by making false statements regarding the likelihood of securing the USFS contract and the safety of its fire retardants, leading to investor damages when the truth was revealed [9].

If you can do the mental work to separate your sentiment about a stock from its recent price action, buying the dip in a recently dented winner can be a profitable investing strategy. Of course, it's key that you determine whether a business is experiencing a temporary setback or a more durable downturn before making the decision to buy. That can make the difference between buying the dip and making more money later, and buying the dip only to see your investment's value decline further. What's causing the ...

NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Compass Minerals International, Inc. (NYSE: CMP) between November 29, 2023 and March 22, 2024, both dates inclusive (the "Class Period"), of the important June 24, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Compass Minerals securities during the Class Period you may be entitled to compensation without p ...

https://zlk.com/pslra-1/compass-minerals-lawsuit-submission-form?prid=83082&wire=3 CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Compass Minerals overstated the likelihood that it would be awarded a renewed U.S. Forest Service contract for the use of its proprietary magnesium chloride-based aerial fire retardants for the 2024 fire season, as a result of safety issues presented by its fire retardant; (2) Compass Minerals materially overstated the e ...