Equities analysts expect Compass Diversified Holdings LLC (NYSE:CODI) to post earnings of $0.45 per share for the current quarter, according to Zacks. Three analysts have made estimates for Compass Diversified Holdings’ earnings. The lowest EPS estimate is $0.40 and the highest is $0.50. Compass Diversified Holdings reported earnings of $0.07 per share during the same quarter last year, which would indicate a positive year over year growth rate of 542.9%. The firm is expected to report its next earnings report on Wednesday, March 7th.
According to Zacks, analysts expect that Compass Diversified Holdings will report full-year earnings of $1.57 per share for the current financial year, with EPS estimates ranging from $1.51 to $1.61. For the next year, analysts expect that the firm will post earnings of $1.71 per share, with EPS estimates ranging from $1.56 to $1.81. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Compass Diversified Holdings.
Several equities research analysts have recently commented on CODI shares. ValuEngine lowered Compass Diversified Holdings from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. BidaskClub lowered Compass Diversified Holdings from a “sell” rating to a “strong sell” rating in a research note on Saturday, November 4th. Finally, Zacks Investment Research lowered Compass Diversified Holdings from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 3rd. Three analysts have rated the stock with a sell rating and two have given a buy rating to the company’s stock. Compass Diversified Holdings has an average rating of “Hold” and an average price target of $19.50.
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In other news, insider James Bottiglieri bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was bought at an average price of $16.63 per share, with a total value of $83,150.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.40% of the company’s stock.
Institutional investors have recently modified their holdings of the stock. IFP Advisors Inc boosted its holdings in Compass Diversified Holdings by 0.3% in the 2nd quarter. IFP Advisors Inc now owns 6,575 shares of the financial services provider’s stock worth $115,000 after buying an additional 17 shares during the period. Csenge Advisory Group bought a new position in Compass Diversified Holdings in the 3rd quarter worth $186,000. Wedbush Securities Inc. boosted its holdings in Compass Diversified Holdings by 6.2% in the 2nd quarter. Wedbush Securities Inc. now owns 11,667 shares of the financial services provider’s stock worth $204,000 after buying an additional 676 shares during the period. First Allied Advisory Services Inc. boosted its holdings in Compass Diversified Holdings by 2.0% in the 2nd quarter. First Allied Advisory Services Inc. now owns 12,673 shares of the financial services provider’s stock worth $220,000 after buying an additional 254 shares during the period. Finally, Raymond James Trust N.A. bought a new position in Compass Diversified Holdings in the 2nd quarter worth $228,000. 33.61% of the stock is owned by institutional investors.
Shares of Compass Diversified Holdings (CODI) traded up $0.05 on Thursday, reaching $16.85. 92,996 shares of the company’s stock were exchanged, compared to its average volume of 169,571. The company has a quick ratio of 1.26, a current ratio of 2.41 and a debt-to-equity ratio of 0.71. Compass Diversified Holdings has a 1-year low of $15.90 and a 1-year high of $19.50.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 26th. Stockholders of record on Thursday, October 19th were paid a $0.36 dividend. The ex-dividend date of this dividend was Wednesday, October 18th. This represents a $1.44 annualized dividend and a dividend yield of 8.55%. Compass Diversified Holdings’s dividend payout ratio (DPR) is -125.22%.
Compass Diversified Holdings Company Profile
Compass Diversified Holdings (the Trust) and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages small and middle-market businesses. The Company operates through segments include Acquisition Corp. (5.11 Tactical), The Ergo Baby Carrier, Inc (Ergobaby), Liberty Safe and Security Products, Inc (Liberty), Fresh Hemp Foods Ltd.
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