CompX International Inc. (CIX)
AMEX AMEX Primary 
CompX Stock Gains 17% Since Posting Q2 Earnings & Special Dividend
CIX's shares climb on robust revenue growth, higher margins, and a surprise payout, as the company beats expectations and signals continued momentum ahead.
CompX Q1 Earnings Grow 39% Y/Y on Marine Sales Growth
Despite a post-earnings stock dip, CompX outperforms over the past month, fueled by solid demand in government and marine markets with margin gains across units.
CIX Earnings Drop Y/Y in Q4 as Security Products Sales Decline
CompX International's Q4 earnings fall y/y on lower Security Products sales while Marine Components grow. Full-year revenues and profits decline.
CompX: A Wonderful Company At A Fair Price
The market has responded by rewarding it with a share price appreciation of 91% since 2019, compared to 88% for the S&P 500. CompX enjoys a share price return of nearly 11% and a TSR of nearly 23% compared to over 21% and nearly 21.3% respectively for the SPY. In the TTM, the firm has generated $22.3 million in FCF, with a very attractive yield of 8.2%.
CompX International Reports Y/Y Declines in Earnings & Sales in Q3
Reduced demand within the Security Products and Marine Components segments hurt CIX's earnings in Q3.
CompX (CIX) Earnings Increase Y/Y in Q2, Revenues Decline
Increased sales in the Security Products segment, primarily to the government security market, aid CompX's (CIX) earnings in Q2.
CompX International: Sales Drop In 2024 Could Create Buying Opportunities
I put a HOLD rating on CompX International stock because although I think the company will experience long-term growth, 2024 should provide investors with better bargains on this stock. The conclusion of a pilot project with USPS and downward trends in marine component sales should contribute to a negative outlook for the company's sales. Comp X International's stock is currently priced fairly.
Zacks Initiates CompX's Coverage With Neutral Recommendation
Discover why Zacks rates CompX (CIX) as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore how CompX's robust financial position offers valuable insights for potential investors in the security and marine sectors amid market challenges.
