Equities analysts forecast that Compass Diversified Holdings (NYSE:CODI) will report earnings per share of $0.41 for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Compass Diversified’s earnings. The highest EPS estimate is $0.43 and the lowest is $0.36. Compass Diversified reported earnings per share of ($0.12) during the same quarter last year, which would suggest a positive year over year growth rate of 441.7%. The company is expected to issue its next quarterly earnings report on Wednesday, August 7th.

According to Zacks, analysts expect that Compass Diversified will report full year earnings of $1.71 per share for the current fiscal year, with EPS estimates ranging from $1.70 to $1.72. For the next year, analysts expect that the firm will report earnings of $2.00 per share, with EPS estimates ranging from $1.98 to $2.02. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Compass Diversified.

Compass Diversified (NYSE:CODI) last announced its quarterly earnings data on Wednesday, May 1st. The financial services provider reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.06). Compass Diversified had a return on equity of 7.63% and a net margin of 6.11%. The firm had revenue of $402.49 million during the quarter, compared to analysts’ expectations of $399.00 million.

Separately, Zacks Investment Research upgraded shares of Compass Diversified from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Tuesday, May 7th.

CODI traded up $0.35 during mid-day trading on Thursday, reaching $19.00. 3,198 shares of the company traded hands, compared to its average volume of 371,819. The firm has a market cap of $1.14 billion, a PE ratio of 13.12 and a beta of 0.99. The company has a debt-to-equity ratio of 1.29, a current ratio of 2.82 and a quick ratio of 1.56. The stock’s fifty day moving average is $17.38. Compass Diversified has a 52-week low of $11.60 and a 52-week high of $19.25.

In related news, insider Elias Sabo bought 18,333 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was acquired at an average cost of $19.15 per share, for a total transaction of $351,076.95. Following the purchase, the insider now owns 585,549 shares in the company, valued at $11,213,263.35. The acquisition was disclosed in a filing with the SEC, which is available through this link. 3.70% of the stock is currently owned by insiders.

Several hedge funds have recently modified their holdings of CODI. American Century Companies Inc. grew its position in shares of Compass Diversified by 14.1% during the 4th quarter. American Century Companies Inc. now owns 3,837,170 shares of the financial services provider’s stock valued at $47,773,000 after acquiring an additional 475,101 shares during the period. Alps Advisors Inc. bought a new stake in shares of Compass Diversified during the 1st quarter valued at $2,733,000. Essex Financial Services Inc. grew its position in shares of Compass Diversified by 19.7% during the 4th quarter. Essex Financial Services Inc. now owns 786,391 shares of the financial services provider’s stock valued at $9,791,000 after acquiring an additional 129,179 shares during the period. Paradigm Financial Partners LLC bought a new stake in shares of Compass Diversified during the 4th quarter valued at $851,000. Finally, Advisor Group Inc. grew its position in shares of Compass Diversified by 305.4% during the 4th quarter. Advisor Group Inc. now owns 64,692 shares of the financial services provider’s stock valued at $806,000 after acquiring an additional 48,735 shares during the period. 31.73% of the stock is owned by hedge funds and other institutional investors.

About Compass Diversified

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

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Earnings History and Estimates for Compass Diversified (NYSE:CODI)

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