Analysts Set Compass Diversified Holdings (NYSE:CODI) Price Target at $18.00

Shares of Compass Diversified Holdings (NYSE:CODI) have received a consensus rating of “Hold” from the five brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $18.00.

A number of analysts have weighed in on CODI shares. Weiss Ratings reissued a “sell (d)” rating on shares of Compass Diversified in a report on Friday, December 26th. CJS Securities upgraded shares of Compass Diversified to a “hold” rating in a research note on Thursday, December 11th. Finally, Wall Street Zen lowered Compass Diversified from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Teacher Retirement System of Texas boosted its holdings in shares of Compass Diversified by 467.8% in the 2nd quarter. Teacher Retirement System of Texas now owns 86,609 shares of the financial services provider’s stock worth $544,000 after acquiring an additional 71,355 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in Compass Diversified by 2.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 4,912,110 shares of the financial services provider’s stock worth $31,388,000 after buying an additional 122,218 shares in the last quarter. AlphaQuest LLC grew its holdings in Compass Diversified by 345.3% during the 2nd quarter. AlphaQuest LLC now owns 71,035 shares of the financial services provider’s stock worth $446,000 after acquiring an additional 55,084 shares during the last quarter. Inspire Investing LLC increased its position in Compass Diversified by 238.6% in the 2nd quarter. Inspire Investing LLC now owns 62,229 shares of the financial services provider’s stock valued at $391,000 after acquiring an additional 43,849 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd raised its stake in shares of Compass Diversified by 808.2% in the second quarter. Y Intercept Hong Kong Ltd now owns 377,880 shares of the financial services provider’s stock worth $2,373,000 after acquiring an additional 336,271 shares during the last quarter. 72.73% of the stock is owned by institutional investors.

Compass Diversified Stock Down 1.4%

CODI opened at $5.23 on Friday. The stock’s 50 day moving average price is $5.62 and its two-hundred day moving average price is $6.50. The firm has a market capitalization of $393.13 million, a P/E ratio of -3.60 and a beta of 1.06. Compass Diversified has a 12-month low of $4.58 and a 12-month high of $22.21.

Compass Diversified (NYSE:CODI) last posted its quarterly earnings data on Monday, December 29th. The financial services provider reported ($0.07) earnings per share for the quarter. The business had revenue of $478.69 million during the quarter. Compass Diversified had a negative net margin of 2.21% and a positive return on equity of 24.48%. As a group, analysts anticipate that Compass Diversified will post 1.96 earnings per share for the current year.

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.