Last $89.40 USD
Change Today -0.69 / -0.77%
Volume 286.1K
CMP On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 11/25/14 All times are local (Market data is delayed by at least 15 minutes).

compass minerals internation (CMP) Snapshot

Open
$89.89
Previous Close
$90.09
Day High
$90.28
Day Low
$88.72
52 Week High
07/9/14 - $97.50
52 Week Low
12/3/13 - $70.54
Market Cap
3.0B
Average Volume 10 Days
224.9K
EPS TTM
$4.38
Shares Outstanding
33.6M
EX-Date
11/26/14
P/E TM
20.4x
Dividend
$2.40
Dividend Yield
2.68%
Current Stock Chart for COMPASS MINERALS INTERNATION (CMP)

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compass minerals internation (CMP) Details

Compass Minerals International, Inc., through its subsidiaries, produces and markets inorganic mineral products primarily in North America and the United Kingdom. It operates in two segments: Salt and Specialty Fertilizer. The Salt segment mines, produces, processes, distributes, and markets sodium chloride and magnesium chloride for use in highway and consumer deicing, dust control, water conditioning, consumer and industrial food preparation, and agricultural and industrial applications; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products. This segment offers rock salt, mechanically evaporated and solar evaporated salt, and brine and flake magnesium chloride products to producers of intermediate chemical products used in the production of vinyls and other chemicals, and pulp and paper, as well as water treatment and other industrial uses. The Specialty Fertilizer segment provides sulfate of potash for use in the production of specialty fertilizers for vegetables, fruits, potatoes, nuts, tobacco, and turf grass. This segment serves growers and fertilizer distributors worldwide. The company also produces and markets consumer deicing and water conditioning products, ingredients used in consumer and commercial food preparation, and other mineral-based products for consumer, agricultural, and industrial applications; and provides records management services to businesses located in the United Kingdom. Compass Minerals International, Inc. operates rock salt mines in Goderich, Ontario, Canada; and Winsford, Cheshire, the United Kingdom. The company was formerly known as Salt Holdings Corporation and changed its name to Compass Minerals International, Inc. in December 2003. Compass Minerals International, Inc. was founded in 1993 and is headquartered in Overland Park, Kansas.

1,855 Employees
Last Reported Date: 02/24/14
Founded in 1993

compass minerals internation (CMP) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $674.8K
Chief Financial Officer and Secretary
Total Annual Compensation: $408.8K
Senior Vice President of Strategy
Total Annual Compensation: $329.8K
Senior Vice President of Corporate Services
Total Annual Compensation: $283.8K
Senior Vice President of Salt Division
Total Annual Compensation: $41.5K
Compensation as of Fiscal Year 2013.

compass minerals internation (CMP) Key Developments

Compass Minerals International, Inc. Adopts Amendment and Restatement of its Bylaws

On November 5, 2014, the Board of Directors of Compass Minerals International Inc. adopted an amendment and restatement of the company's Bylaws to adopt a majority voting standard for the election of directors in uncontested elections. These amendments affect Article III, Sections 3.02 and 3.07 of the Bylaws. The Board also approved an amendment clarifying the non-officer status of appointed Vice Presidents by amending Article IV, Section 4.07 of the Bylaws.

Compass Minerals International Inc. Declares Cash Dividend, Payable December 15, 2014

Compass Minerals announced that its board of directors has declared a cash dividend of $0.60 per share payable December 15, 2014, to shareholders of record at the close of business on December 1, 2014.

Compass Minerals International Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014 and Capital Expenditure Guidance for the Year 2014

Compass Minerals International Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. The company’s net earnings rose to $87.9 million, or $2.60 per basic and diluted share, from $15.4 million, or $0.46 per basic and diluted share, in the third quarter of 2013. Excluding this special item, net earnings in the current quarter were $27.3 million, or $0.81 per diluted share. Higher sales volumes and improved average selling prices in both the salt and plant nutrition segments lifted total sales to $240.5 million from $184.7 million in the prior year. Operating earnings totaled $123.0 million compared to $23.1 million in the 2013 quarter. The 2014 result includes a pre-tax gain of $83.3 million from the Goderich tornado insurance settlement. Adjusted EBITDA rose to $59.7 million from $41.1 million in the third quarter of 2013 primarily as a result of higher year-over-year price realization and sales volumes. Earnings before income taxes were $120.6 million against $18.8 million a year ago. EBITDA was $146.1 million against $41.2 million a year ago. Sales were $240.5 million against $184.7 million a year ago. Net earnings, excluding special items were $27.3 million or $0.81 per diluted share against $15.4 million or $0.46 per diluted share a year ago. Capital expenditures were $34.5 million. For the nine months period, the company reported sales of $849.1 million against $674.8 million a year ago. Operating earnings were $203.4 million against $105.3 million a year ago. Earnings before income taxes were $188.1 million against $95.3 million a year ago. Net earnings were $137.4 million or $4.07 per basic and diluted share against $72.4 million or $2.15 per basic and diluted share a year ago. Net cash provided by operating activities was $129.7 million against $142.1 million a year ago. Capital expenditures were $83.5 million against $83.1 million a year ago. EBITDA was $259.7 million against $161.9 million a year ago. Adjusted EBITDA was $177.3 million against $158.7 million a year ago. Net earnings, excluding special items were $81.9 million or $4.07 per diluted share against $72.4 million or $2.15 per diluted share a year ago. Capital expenditures were $83.5 million. The company anticipated total salt segment sales volumes of four million tons for the fourth quarter of 2014. Operating margin percentage for the salt segment is expected to expand to between 26% and 28% in the fourth quarter, as improved pricing and lower production costs should more than offset the impact of purchased salt and the higher logistics costs which are impacting manufacturers throughout North America. The company anticipates fourth-quarter plant nutrition segment sales volumes of sulfate of potash and micronutrients to total 90,000 to 100,000 tons at average selling prices between $725 and $750 per ton. With consistent operating rates and the continued use of potassium chloride to supplement pond-based production, the company expects to generate an operating margin between 28% and 30% in the fourth quarter of 2014. Income tax rate expect to be approximately 27%. For the full year 2014, the company anticipates a $120 million in total capital investment.

 

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Industry Analysis

CMP

Industry Average

Valuation CMP Industry Range
Price/Earnings 15.5x
Price/Sales 2.4x
Price/Book 4.9x
Price/Cash Flow 11.3x
TEV/Sales 1.8x
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