Alert: Major Price Decline (3/25/24)-Compass Minerals International I (NYSE: CMP).

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On 3/25/24, Compass Minerals International I (NYSE: CMP) stock suffered a major decline of -17.1%, closing at $14.55. Moreover, exceptionally high trading volume at 544% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -22.6% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, CMP is expected to continue to be a Value Builder.

Compass Minerals has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Compass Minerals has a slightly negative Appreciation Score of 38 and a very low Power Rating of 1, with the Lowest Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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