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

Shares of Compass Diversified Holdings (NYSE:CODI) have been assigned an average rating of “Reduce” from the five ratings firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $11.50.

CODI has been the subject of several analyst reports. B. Riley Financial decreased their price objective on shares of Compass Diversified from $13.00 to $8.00 and set a “neutral” rating for the company in a research note on Tuesday. Weiss Ratings reiterated a “sell (d)” rating on shares of Compass Diversified in a report on Friday, December 26th. Wall Street Zen cut Compass Diversified from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Zacks Research downgraded Compass Diversified from a “hold” rating to a “strong sell” rating in a research report on Monday, January 19th. Finally, CJS Securities upgraded Compass Diversified to an “outperform” rating in a research note on Tuesday, January 27th.

Compass Diversified Stock Up 1.5%

Shares of CODI opened at $7.11 on Monday. The company has a quick ratio of 0.16, a current ratio of 2.42 and a debt-to-equity ratio of 19.20. The business has a fifty day moving average of $6.16 and a 200 day moving average of $6.50. The company has a market cap of $534.58 million, a PE ratio of -1.83 and a beta of 1.04. Compass Diversified has a 52-week low of $4.58 and a 52-week high of $20.62.

Compass Diversified (NYSE:CODI) last announced its earnings results on Wednesday, January 14th. The financial services provider reported ($0.98) earnings per share for the quarter, missing the consensus estimate of $0.61 by ($1.59). Compass Diversified had a negative net margin of 12.09% and a positive return on equity of 24.48%. On average, sell-side analysts expect that Compass Diversified will post 1.96 EPS for the current year.

Institutional Investors Weigh In On Compass Diversified

Several large investors have recently added to or reduced their stakes in CODI. Nisa Investment Advisors LLC raised its stake in shares of Compass Diversified by 65.3% during the second quarter. Nisa Investment Advisors LLC now owns 5,043 shares of the financial services provider’s stock valued at $32,000 after acquiring an additional 1,992 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Compass Diversified by 29.0% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 6,548 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 1,471 shares during the period. RPO LLC bought a new stake in Compass Diversified during the 4th quarter valued at $60,000. Geneos Wealth Management Inc. raised its position in Compass Diversified by 68.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 9,830 shares of the financial services provider’s stock valued at $62,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Focus Partners Wealth purchased a new stake in shares of Compass Diversified in the 3rd quarter worth $70,000. 72.73% of the stock is owned by hedge funds and other institutional investors.

About Compass Diversified

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.