Compass: Stock Became Fairly Valued Due To Recent Price Movements

GS Investing
1.34K Followers

Summary

  • Real estate agents are very important in the value chain, and existing technologies serving them are not effective enough.
  • Compass, Inc. enjoys a strong flywheel effect as it grows.
  • Recent share price movement has closed the gap between Compass, Inc.'s price and near-term intrinsic value.

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VioletaStoimenova

Description

I recommend a hold rating on Compass, Inc. (NYSE:COMP). The market has already reacted very positively to management guidance on reaching free cash flow ("FCF") positive in FY23. This movement has resulted in COMP share price being fairly valued, in my

This article was written by

1.34K Followers
I consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethical, and long-term thinkers; with a fair valuation

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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