Analysts Set Compass Diversified Holdings (NYSE:CODI) PT at $14.00

Compass Diversified Holdings (NYSE:CODI) has been given an average rating of “Hold” by the six analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $14.00.

A number of research analysts have recently commented on the company. CJS Securities raised Compass Diversified to an “outperform” rating in a report on Tuesday, January 27th. Zacks Research downgraded Compass Diversified from a “hold” rating to a “strong sell” rating in a report on Monday, January 19th. B. Riley Financial decreased their price objective on shares of Compass Diversified from $18.00 to $13.00 and set a “neutral” rating for the company in a report on Wednesday, January 21st. Wall Street Zen downgraded shares of Compass Diversified from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Compass Diversified in a research report on Friday, December 26th.

Compass Diversified Stock Up 9.6%

NYSE CODI opened at $6.88 on Thursday. The stock has a market capitalization of $517.65 million, a PE ratio of -2.51 and a beta of 1.09. Compass Diversified has a 12-month low of $4.58 and a 12-month high of $22.21. The company has a 50 day moving average price of $5.61 and a two-hundred day moving average price of $6.46.

Compass Diversified (NYSE:CODI) last released its quarterly earnings data on Wednesday, January 14th. The financial services provider reported ($0.98) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($1.59). The business had revenue of $472.56 million during the quarter, compared to analyst estimates of $497.19 million. Compass Diversified had a negative net margin of 7.08% and a positive return on equity of 24.48%. As a group, equities analysts anticipate that Compass Diversified will post 1.96 EPS for the current year.

Institutional Trading of Compass Diversified

Hedge funds and other institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC acquired a new stake in Compass Diversified during the first quarter worth about $294,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Compass Diversified by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,635 shares of the financial services provider’s stock valued at $740,000 after purchasing an additional 1,728 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Compass Diversified by 6.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 154,458 shares of the financial services provider’s stock valued at $2,884,000 after purchasing an additional 10,006 shares in the last quarter. Jane Street Group LLC lifted its position in Compass Diversified by 345.5% in the first quarter. Jane Street Group LLC now owns 193,907 shares of the financial services provider’s stock worth $3,620,000 after purchasing an additional 150,386 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Compass Diversified by 81.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 29,609 shares of the financial services provider’s stock worth $196,000 after buying an additional 13,273 shares in the last quarter. 72.73% of the stock is currently owned by institutional investors and hedge funds.

Compass Diversified Company Profile

Compass Diversified Holdings (NYSE:CODI) is a publicly traded private equity company headquartered in Bethesda, Maryland. The firm specializes in acquiring and managing middle-market businesses across a variety of industries, with a focus on driving operational performance and sustainable growth. As an externally managed entity, Compass Diversified leverages a disciplined investment approach to build a portfolio of market-leading companies that benefit from strategic oversight, capital support and shared best practices.

Compass Diversified’s investment activities span five core sectors: branded consumer, consumer services, differentiated industrial products, value-added distribution and business services.