Compass Group (LON:CPG) Sets New 52-Week High at $2,402.00

Shares of Compass Group PLC (LON:CPG) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 2,402 ($30.90) and last traded at GBX 2,396 ($30.82), with a volume of 3266258 shares changing hands. The stock had previously closed at GBX 2,368 ($30.46).

Analyst Ratings Changes

A number of analysts have recently commented on CPG shares. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 2,400 ($30.87) price target on shares of Compass Group in a research report on Tuesday, May 21st. Shore Capital reissued a “buy” rating on shares of Compass Group in a research note on Wednesday, May 15th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Compass Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,374 ($30.54).

Compass Group Price Performance

The firm has a 50-day moving average of GBX 2,214.18 and a 200 day moving average of GBX 2,209.08. The company has a market capitalization of £41.07 billion, a PE ratio of 3,071.79, a PEG ratio of 1.80 and a beta of 0.77. The company has a debt-to-equity ratio of 89.31, a current ratio of 0.78 and a quick ratio of 0.86.

Compass Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, July 25th. Stockholders of record on Thursday, June 13th were issued a dividend of $0.21 per share. The ex-dividend date was Thursday, June 13th. This represents a dividend yield of 0.71%. Compass Group’s payout ratio is 5,769.23%.

Insider Buying and Selling

In related news, insider Arlene Isaacs-Lowe bought 2,800 shares of the firm’s stock in a transaction on Tuesday, May 28th. The stock was acquired at an average cost of GBX 2,176 ($27.99) per share, for a total transaction of £60,928 ($78,374.07). In other Compass Group news, insider Arlene Isaacs-Lowe purchased 2,800 shares of Compass Group stock in a transaction dated Tuesday, May 28th. The stock was purchased at an average price of GBX 2,176 ($27.99) per share, with a total value of £60,928 ($78,374.07). Also, insider Leanne Wood acquired 1,300 shares of the company’s stock in a transaction that occurred on Thursday, July 25th. The stock was acquired at an average cost of GBX 2,317 ($29.80) per share, for a total transaction of £30,121 ($38,745.82). 0.15% of the stock is currently owned by corporate insiders.

Compass Group Company Profile

Compass Group PLC operates as a food and support services company in North America, Europe, and internationally. The company offers support services, such as cleaning in hospitals; reception services at corporate headquarters; managing remote camps; grounds and facilities services at schools and universities; and others.