Compass Diversified (CODI) to Release Quarterly Earnings on Wednesday

Compass Diversified (NYSE:CODI) is anticipated to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Compass Diversified to post earnings of $0.56 per share and revenue of $624.64 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Compass Diversified Price Performance

Shares of NYSE:CODI opened at $21.17 on Wednesday. Compass Diversified has a twelve month low of $19.76 and a twelve month high of $25.07. The stock has a market capitalization of $1.60 billion, a PE ratio of 44.10, a price-to-earnings-growth ratio of 1.24 and a beta of 1.64. The firm’s 50 day moving average price is $22.05 and its 200-day moving average price is $21.85. The company has a quick ratio of 1.62, a current ratio of 4.22 and a debt-to-equity ratio of 1.51.

Compass Diversified Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, January 16th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date was Thursday, January 16th. Compass Diversified’s payout ratio is 208.33%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CODI shares. B. Riley upgraded shares of Compass Diversified to a “strong-buy” rating in a research note on Tuesday, January 7th. TD Cowen started coverage on shares of Compass Diversified in a research note on Wednesday, November 27th. They set a “buy” rating and a $34.00 target price on the stock. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Compass Diversified has a consensus rating of “Buy” and an average price target of $29.00.

Compass Diversified Company Profile

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.