Key Points
- Director Rebecca Corbin Loree bought 3,925 shares of CompoSecure on May 12 at an average price of $12.87, increasing her holdings by 6.62% to 63,220 shares.
- CompoSecure recently reported quarterly EPS of $0.12, beating estimates of $0.09, on revenue of $421.2 million, though earnings were down from $0.25 per share a year earlier.
- The company announced a quarterly dividend of $0.0025 per share, payable June 1 to shareholders of record on May 18, while analysts currently have a consensus rating of Hold.
Composecure, Inc. (NYSE:GPGI - Get Free Report) Director Rebecca Corbin Loree purchased 3,925 shares of the firm's stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average price of $12.87 per share, with a total value of $50,514.75. Following the purchase, the director directly owned 63,220 shares of the company's stock, valued at $813,641.40. The trade was a 6.62% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Composecure Trading Up 2.3%
Shares of NYSE:GPGI opened at $12.41 on Friday. Composecure, Inc. has a 52 week low of $12.01 and a 52 week high of $26.78. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of -5.17 and a beta of 0.98.
Composecure (NYSE:GPGI - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.03. The business had revenue of $421.20 million during the quarter. Composecure had a negative net margin of 56.76% and a positive return on equity of 12.59%. During the same period last year, the firm posted $0.25 earnings per share.
Composecure Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be paid a $0.0025 dividend. The ex-dividend date is Monday, May 18th. This represents a $0.01 dividend on an annualized basis and a yield of 0.1%. Composecure's dividend payout ratio (DPR) is currently -0.42%.
Analyst Upgrades and Downgrades
GPGI has been the topic of a number of recent analyst reports. Weiss Ratings began coverage on Composecure in a report on Monday, March 16th. They issued a "sell (d-)" rating on the stock. Needham & Company LLC restated a "buy" rating on shares of Composecure in a research note on Wednesday, March 25th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".
Get Our Latest Stock Analysis on Composecure
Composecure Company Profile
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CompoSecure, Inc manufactures and designs metal, plastic, composite ID, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets.
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