Compass Minerals International Inc
CMP: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$76.00 | Pdzcbh | Nttyggrdf |
Cutting Compass Minerals' FVE to $65 on Reduced Near-Term Salt and Long-Term Fertilizer Forecast
We reduce our Compass Minerals fair value estimate to $65 per share from $80 after incorporating the company's fiscal first-quarter results into our model to reflect our lower near-term outlook for the salt business and lower long-term outlook for the plant nutrition business. Our wide moat rating is unchanged.