Compass Diversified (CODI) Expected to Announce Earnings on Thursday

Compass Diversified (NYSE:CODI) is anticipated to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.56 per share and revenue of $624.64 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Compass Diversified Stock Up 0.4 %

Shares of NYSE:CODI opened at $20.72 on Wednesday. The firm has a market capitalization of $1.57 billion, a PE ratio of 43.16, a price-to-earnings-growth ratio of 1.25 and a beta of 1.64. Compass Diversified has a 1 year low of $19.76 and a 1 year high of $25.07. The company has a debt-to-equity ratio of 1.51, a current ratio of 4.22 and a quick ratio of 1.62. The firm’s 50-day moving average is $21.68 and its two-hundred day moving average is $21.87.

Compass Diversified Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, January 16th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.83%. The ex-dividend date of this dividend was Thursday, January 16th. Compass Diversified’s payout ratio is currently 208.33%.

Analyst Upgrades and Downgrades

CODI has been the subject of several research reports. TD Cowen started coverage on shares of Compass Diversified in a research note on Wednesday, November 27th. They issued a “buy” rating and a $34.00 price target for the company. B. Riley upgraded Compass Diversified to a “strong-buy” rating in a report on Tuesday, January 7th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $29.00.

About Compass Diversified

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.