Cassie Chan, an analyst from Bank of America Securities, maintained the Buy rating on CompoSecure (CMPO – Research Report). The associated price target is $16.00.
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Cassie Chan has given her Buy rating due to a combination of factors including CompoSecure’s strong first-quarter performance and its solid market position. The company’s results were in line with expectations, and its ongoing sales momentum and stable demand environment are expected to drive growth through 2025. Additionally, CompoSecure’s implementation of the Composecure Operating System is anticipated to enhance operational efficiency and execution.
Furthermore, the company has reiterated its guidance for mid-single-digit revenue and EBITDA growth by 2025, which is supported by both domestic and international sales expansion. The Arculus segment is also on track to deliver positive net investment returns by 2025, further bolstering the company’s financial outlook. These factors, combined with a competitive moat in the premium metal card market, underpin Chan’s confidence in maintaining a Buy rating for CompoSecure.
In another report released today, Needham also reiterated a Buy rating on the stock with a $15.00 price target.
CMPO’s price has also changed moderately for the past six months – from $14.230 to $11.890, which is a -16.44% drop .