Wall Street analysts expect that Compass Diversified Holdings (NYSE:CODI) will report $0.48 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Compass Diversified Holdings’ earnings. The highest EPS estimate is $0.53 and the lowest is $0.45. Compass Diversified Holdings reported earnings of $0.72 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 33.3%. The business is scheduled to report its next quarterly earnings results on Wednesday, November 1st.

On average, analysts expect that Compass Diversified Holdings will report full-year earnings of $1.62 per share for the current year, with EPS estimates ranging from $1.61 to $1.63. For the next fiscal year, analysts anticipate that the company will post earnings of $1.74 per share, with EPS estimates ranging from $1.67 to $1.79. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Compass Diversified Holdings.

Compass Diversified Holdings (NYSE:CODI) last posted its earnings results on Wednesday, August 2nd. The financial services provider reported ($0.53) EPS for the quarter, missing the consensus estimate of $0.37 by ($0.90). The business had revenue of $307.38 million during the quarter, compared to analysts’ expectations of $302.86 million. Compass Diversified Holdings had a net margin of 2.20% and a return on equity of 6.42%. The business’s quarterly revenue was up 43.5% compared to the same quarter last year. During the same period last year, the company earned $0.33 EPS.

A number of equities analysts have commented on the stock. ValuEngine lowered shares of Compass Diversified Holdings from a “hold” rating to a “sell” rating in a report on Friday, August 4th. Jefferies Group LLC reiterated a “buy” rating and issued a $20.00 price objective on shares of Compass Diversified Holdings in a report on Friday, July 14th. BidaskClub lowered shares of Compass Diversified Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. TheStreet upgraded shares of Compass Diversified Holdings from a “c+” rating to a “b” rating in a report on Friday, July 7th. Finally, Zacks Investment Research upgraded shares of Compass Diversified Holdings from a “strong sell” rating to a “hold” rating in a report on Monday, August 7th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $19.50.

TRADEMARK VIOLATION WARNING: “$0.48 EPS Expected for Compass Diversified Holdings (CODI) This Quarter” was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://www.watchlistnews.com/0-48-eps-expected-for-compass-diversified-holdings-codi-this-quarter/1585596.html.

Compass Diversified Holdings (NYSE:CODI) traded up 0.29% during trading on Tuesday, reaching $17.05. The company had a trading volume of 280,834 shares. The stock has a 50 day moving average price of $17.16 and a 200-day moving average price of $16.86. The company’s market capitalization is $1.02 billion. Compass Diversified Holdings has a 52-week low of $15.90 and a 52-week high of $19.50.

Several institutional investors and hedge funds have recently added to or reduced their stakes in CODI. IFP Advisors Inc increased its position in shares of 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 purchasing an additional 17 shares during the last quarter. Wedbush Securities Inc. increased its position in shares of 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 purchasing an additional 676 shares during the last quarter. First Allied Advisory Services Inc. increased its position in shares of 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 purchasing an additional 254 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Compass Diversified Holdings by 2.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 13,318 shares of the financial services provider’s stock worth $221,000 after purchasing an additional 305 shares during the last quarter. Finally, Raymond James Trust N.A. bought a new stake in shares of Compass Diversified Holdings in the 2nd quarter worth about $228,000. 33.17% of the stock is owned by institutional investors.

About Compass Diversified Holdings

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.

Get a free copy of the Zacks research report on Compass Diversified Holdings (CODI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Compass Diversified Holdings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Diversified Holdings and related companies with Analyst Ratings Network's FREE daily email newsletter.