B. Riley's Estimate for CompoSecure FY2024 Earnings

On February 11th, 2025, analysts from B. Riley issued a revised outlook for CompoSecure, Inc. (NASDAQ:CMPO). They reduced their earnings per share (EPS) estimate for the fiscal year 2024 to $1.01, down from the previous estimate of $1.03. This adjustment reflects a careful re-evaluation of the company’s anticipated performance. B. Riley continues to hold a “Buy” rating for CompoSecure with a target price of $23.00 per share. Currently, the average consensus estimate among analysts for CompoSecure's full-year earnings stands at $1.02 per share.

Beyond the fiscal year 2024 estimates, B. Riley also provided projections for specific quarters. They expect CompoSecure to report earnings of $0.22 per share in Q4 2024, $0.29 in Q3 2025, and $0.27 in Q4 2025. Their estimates for FY2025 and FY2026 earnings are $1.12 and $1.23 per share, respectively.

Analyst Insights and Market Ratings

Other financial institutions have shared their assessments of CompoSecure as well. For instance, Benchmark has reaffirmed a “Buy” rating with a price target of $17.00 as of November 12th. Additionally, JPMorgan Chase & Co. raised its target for CompoSecure shares from $12.00 to $16.00, while maintaining a “Neutral” rating, noted in a report dated December 2nd. Needham & Company LLC also stands by a “Buy” rating and has set a target price of $16.00. Further, TD Cowen has initiated coverage on CompoSecure with a “Buy” recommendation and a price target of $20.00. Out of the analysts covering the stock, one has issued a hold rating while seven have classified it as a buy, suggesting a positive outlook. According to MarketBeat, CompoSecure currently holds a consensus rating of “Moderate Buy” and an average price target of $16.81.

Stock Performance Overview

As of Wednesday, shares of NASDAQ:CMPO opened at $15.73, marking a 4.5% increase. The company is performing well with a 50-day moving average of $15.48 and a 200-day moving average of $13.97. CompoSecure boasts a market capitalization of $1.39 billion and shows a price-to-earnings ratio of -35.75, accompanied by a price-to-earnings-growth ratio of 2.51 and a beta of 0.78. The stock has fluctuated between a 52-week low of $4.61 and a high of $17.03.

Insider Trading Activity

Recent insider trading activity has also been noted. On December 9th, insider Adam Joseph Lowe sold 66,350 shares at an average price of $15.91, totaling about $1,055,628.50, leading to a 4.66% decline in his ownership stake. Similarly, COO Gregoire Maes sold 55,137 shares on December 6th at an average price of $16.40, resulting in a total of around $904,246.80. After this transaction, Maes owns approximately 762,009 shares worth about $12,496,947.60, reflecting a 6.75% reduction in his position. In total, over the last three months, insiders have sold 180,660 shares valued at approximately $2,921,066, with insider ownership currently at 74.99%.

Institutional Investor Movements

Moreover, there have been some notable activities among institutional investors. nVerses Capital LLC acquired a new stake in CompoSecure valued at around $72,000 during the 3rd quarter. In addition, CWM LLC increased its holding by 42.0%, now owning 5,192 shares valued at about $73,000. Other hedge funds, including Wolverine Asset Management LLC and KLP Kapitalforvaltning AS, have also added to their positions. Currently, institutional and hedge funds own approximately 37.56% of the company's stock.

About CompoSecure

CompoSecure, Inc. specializes in designing and manufacturing financial transaction cards, including metal and composite products. The firm offers a range of metal form factors such as embedded, metal veneer lite, and full metal products. They also provide the Arculus Cold Storage Wallet, which is designed for secure storage of digital assets such as Bitcoin and Ethereum.

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